Media Relations

December 2, 2016

Rodeo Realty helps Van Nuys Humanitarian Group replace stolen wheelchairs

Thanks to Rodeo Realty, Assemblyman Matt Dababneh, and several other businesses, a Van Nuys humanitarian organization will still be able to provide wheelchairs to disabled children and adults in Indonesia.

Rodeo Realty decided to help Global Mobility after finding out that the nonprofit was victim to a theft that occurred sometime between Tuesday night and Wednesday morning. According to reports, a thief or thieves broke into Global Mobility’s gated parking lot and took a truck filled with 80 wheelchairs that were scheduled to go to Yogyakarta, Indonesia. The stolen wheelchairs were worth $12,000.

After hearing about the theft, President and Owner of Rodeo Realty, Syd Leibovitch, donated $5,000 to help replace the wheelchairs. On Thursday, Dabaneh presented a $15,000 check to Global Mobility to cover the loss.

“After I saw this news story I knew I had to do something to help and am very appreciative that Congressman Brad Sherman, Syd Leibovitch, President and Owner of Rodeo Realty, Andy Heyward, CEO of Genius Brands, and Michael Mahdesian, CEO of Servicon Systems are able to donate resources to Global Mobility,” Dababneh said in a statement. “Without the help of the community and local business owners, dozens of disabled children would not have received the gift of hope and mobility next week.”

Thanks to the donation, Global Mobility says they will be able to provide even more wheelchairs to children and adults than they would have been able to provide before the theft.

“…Because of the assemblyman’s efforts, his friends and others who have communicated with us through the efforts of the media, that need is not going to be going unmet,” said Chris Grange, Chief Operating Officer at Global Mobility.

If you would also like to help, go to Global Mobility‘s website and donate HERE.

ONLINE MEDIA STORIES:

Rodeo Realty Calabasas hosting fundraising event to help Comfort for Court Kids, Inc.

Rodeo Realty Calabasas is a proud supporter of Comfort for Court Kids and is hosting another fundraising event this year to help the charity.

Calabasas Rodeo Realty agent, Ioanna Kamar and Anne Marie Sheridan will hold the annual fundraiser Friday, December 16 at 33 Sage Lane in Bell Canyon. The event will be from 4 – 8 p.m. and will include wine, food, and lots of fun!

A tax-deductible donation of $25 dollars per person is suggested. Checks can be made out to “Comfort for Court Kids, Inc”.

To RSVP, call 818.222.7707 ex. 241 or email IoannaKamar@yahoo.com.

About Comfort for Court Kids, Inc.

“Comfort For Court Kids” provides emotional support for children under the jurisdiction of the dependency court. The ‘Teddy Bear’ is the symbol for the charity, and has long been associated with assisting these children in feeling safe, secure and to once again form stable bonds with those around them. “Comfort for Court Kids” is a 501 (c)(3) publicly supported charity founded in 1992 by attorney L. Ernestine Fields. It was done so for the specific mission of helping abused and neglected children cope with their experiences in dependency court.

November 29, 2016

Four Rodeo Realty agents featured in Angeleno's Dynamic Women of 2016

Modern Luxury’s Angeleno Magazine announced their 2016 Dynamic Women of Los Angeles in their December issue.

Featured as some of this year’s dynamic women are four Rodeo Realty realtors: Noga Assil, Leslie Kavanaugh, Jordana Leigh, and Barbra Stover.

“These women of distinction are truly accomplished and stand out as some of the best influencers and contributors of our community,” said Angeleno Magazine.

Each honoree showcased their talents and successes through their very own full-page profile, which also included a portrait of themselves—taken by a professional photographer.

The high-end luxury lifestyle publication plans to celebrate the selection of dynamic women with an event, with guests curated from the most stylish women in the city from a wide range of professional industries.

Rodeo Realty is proud to be represented by extraordinary women who are dynamic leaders in their field. Congratulations to this year’s honorees!

To view all honorees, click HERE.

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November 28, 2016

Rodeo Realty's Sherman Oaks agent Adi Livyatan featured in Top Agent Magazine

Featured in Southern California’s edition of Top Agent Magazine is Rodeo Realty’s Sherman Oaks agent, Adi Livyatan.

The agent is not only featured in a six-page spread, but she’s also on the cover of the publication.

The magazine starts off by talking about how Adi began her career in real estate.

“My husband and I started flipping houses six years ago and in order to save us some money, I got my license.,” said Adi to Top Agent Magazine. “I quickly discovered that I loved it and was starting to get approached by people to list their homes. I knew I wanted to do this full time. It quickly became an addiction, I just fell in love with every aspect of the business.”

According to the magazine, in just six years, Adi has become the number one agent in the Rodeo Realty Sherman Oaks office. Her business has been growing so rapidly that she is looking to expand her team.

“I work very hard, I always pick up my phone and I’m always there to help,” said Adi. “I care tremendously about my clients. I would never tell them to buy a house I wouldn’t buy, and that’s why they have a lot of trust in me. It’s not about the money for me, I like to sleep at night and I can, knowing I always do the right thing for my clients.”

The magazine also talks about Adi’s comprehensive approach to marketing and how she specializes in new construction. The real estate agent is also a mom to three children and is an active supporter of her kids’ schools and involved in various organizations.

To read the entire article on Adi, view below.

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November 28, 2016

Rodeo Realty agents take part in Hope of the Valley's Thanksgiving Banquet, help serve meals to homeless and hungry

On Wednesday, November 23, Hope of the Valley provided the largest Thanksgiving meal in the Valley at their Help Center in Van Nuys.

Several Rodeo Realty agents were in attendance helping serve more than 1,000 traditional Thanksgiving meals to the homeless and hungry.

In order to help the ministry offset the cost of feeding so many hungry people, Rodeo Realty also sponsored several tables for the event. The company cares about the less fortunate and is happy to continue sponsoring the event and also volunteer.

For the Thanksgiving banquet, homeless individuals and people in need were bused to the center from all over the Valley to enjoy a gourmet Thanksgiving meal. In addition to enjoying a meal with all the fixings, guests also were able to participate in the fourth annual street fair where community partners gave away blankets, socks, tooth brushes, sleeping bags, medical exams, and much more! Hope of the Valley also gave away two cars!

November 26, 2016

Economic update for the week ending November 26, 2016

DOW, S&P, and NASDAQ all ended the week at record highs – Markets are up 4-6% since the election. Investors have been bullish on prospects of higher corporate profits in the future based on hopes that Trump will deliver on promises of tax cuts, loosening of regulation, and higher infrastructure spending. The DOW Jones Industrial Average closed the week at 19,152.14, up from 18,867.93 last Friday. The DOW is up 9.9% year to date. The S&P 500 closed the week at 2,213.35, up from 2,181.90 last week. The S&P is up 8.3% year to date. The NASDAQ closed the week at 5,398.92, up from last week’s close of 5,321.51. The NASDAQ is up 7.8% year to date.

U.S. Treasury Bond yields unchanged this week after rising about 1/2% in two weeks – Bond yields which shot up after the election on expectations of higher U.S. deficits held steady this week. Hopefully, mortgage rates, which move closely with treasury rates, will flatten out as well. The 10 year U.S. Treasury Bond yield closed the week at 2.36%, up from 2.34% last Friday. The 30-year U.S. Treasury Bond closed at 3.01%, unchanged from 3.01% last week. Mortgage rates follow bond yields so we watch bond yields closely.

Mortgage rates continued to rise last week – The Freddie Mac Primary Mortgage Survey, which was released on November 23, 2016, showed that average mortgage rates from lenders surveyed for the most popular mortgage products were as follows: The 30-year fixed rate average was 4.03%. The 15-year fixed average rate was 3.25%. The 5/1 ARM average rate was 3.12%. Rates have increased further since the survey so next week’s rates will be higher. Currently, the 30-year fixed rate is around 4.25%.

U.S. existing home sales hit the highest level since February 2007 – The National Association of Realtors reported that sales of existing homes increased 2% in October to an annual rate of 5.6 million homes, the highest level since February 2007. Existing home sales are closed re-sales of single family detached homes, town homes, condominiums, and co-ops. Year over year the number of sales are up 5.9% from last October’s levels. Prices were also up nationwide as the median price this October was 6% higher than October 2015.

California pending home sales increase in October – The number of new home contracts on re-sale homes in California increased 1.5% in October from last October’s numbers, according to data released by The California Association of Realtors. On a monthly basis, pending contracts were down 6.7% from September. The Southern California region fared even better with October sales up 6.8% from last October and up 2.4% from September. The association uses year over year rather then month over comparisons to account for seasonal changes in sales numbers. Typically sales begin to slow heading into the holidays which makes comparing same month figures more accurate. Pending home sales figures are useful because they give an indication of what closed sales figures will be in 30 to 60 days when those sales close escrow.

I hope you had a great Thanksgiving and are enjoying a nice holiday weekend!

November 22, 2016

Rodeo Realty participates in annual Walk of Ages XVII, helps Los Angeles Jewish Home

Several Rodeo Realty agents spent their Sunday morning walking/running for a great cause!

Rodeo Realty President Syd Leibovitch and agents participated in the annual Walk of Ages that was held at the Woodley Park in Van Nuys.

The family-oriented 5K Walk/Run raised much-needed funds for the Los Angeles Jewish Home.

This year, Rodeo Realty not only participating in the walk/run, but also sponsored the event. The company donated $8,000 and was an Angel Sponsor for the Walk of Ages XVII.

Rodeo Realty also set up a fundraising page through the event’s website where several agents in the company donated and raised money for the non-profit organization.

Thanks to Rodeo Realty’s support, seniors of the Los Angeles Jewish Home will be cared for in a warm, nurturing environment for generations to come.

November 19, 2016

Economic update for the week ending November 19, 2016

Stocks up again – Markets increased marginally this week, adding to the record breaking gains and levels reached last week. The DOW Jones Industrial Average closed the week at 18,867.93 up from 18,847.66 last Friday. It is up more than 5.5% in the week and a half since the election. The S&P 500 closed the week at 2,181.90 up from 2,164.45 last week. The NASDAQ closed the week at 5,321.51 up from last week’s close of 5,237.11.

Inflation while tame increases – U.S. Consumer prices recorded their largest increase in six months in October suggesting a pickup in inflation. The Labor Department’s Consumer Price Index increased 0.4% last month after rising 0.3% in September. In the last 12 months ending October, the CPI has increased 1.6%, its biggest increase since October 2014. They also measure Core CPI which excludes food and energy costs. Core CPI increased 2.1% from last October. The Fed has their own measurement of inflation. It was 1.7% in October. Their target is 2%, but most experts expect them to increase their key interest rates in December, as inflation has finally shown signs of ticking up.

U.S. Treasury Bond yields jump – The 10 year U.S. Treasury Bond yield closed the week at 2.34%, up from 2.15% last Friday. The 30-year U.S. Treasury Bond closed at 3.01%, up from 2.94% last week. Mortgage rates follow bond yields so we watch bond yields closely.

Mortgage rates continued to rise last week – The Freddie Mac Primary Mortgage Survey which was released on November 17, 2016 showed that average mortgage rates from lenders surveyed for the most popular mortgage products were as follows: The 30-year fixed rate average was 3.94%. The 15-year fixed average rate was 3.14%. The 5/1 ARM average rate was 3.07%. Rates increased further throughout the week so next week’s rates will be higher. Currently, the 30-year fixed rate is around 4.25%.

Home sales and prices increase in October – The California Association of Realtors released its October home sales report. The number of existing homes sold in October totaled 442,970 on a seasonally adjusted annualized rate. That represented an increase of 4.1% from September and a year over year increase of 8% from last October’s figures. The statewide median price was $513,520, up 1.2% from September and up 7.3% from last October when the median price was $478,780. Inventory continues to be near record lows as the unsold inventory index slipped to a 3.4 month supply of homes listed in October from a 3.5 month supply in September.

November 18, 2016

Rodeo Realty sponsoring Hope of the Valley's Drumstick Dash

Rodeo Realty is not only sponsoring Hope of the Valley’s Thanksgiving luncheon event this year, but they are also sponsoring the rescue mission’s Drumstick Dash.

The company is one of the sponsors to the 5K & 10K Walk/Run, which will take place Thanksgiving morning at CBS Studios in Studio City.

This year Hope of the Valley anticipates to have more than 2,000 participants. The new course will take runners, joggers, and walkers through the iconic streets of CBS Studios, then it is off the studio lot and onto Colfax St. where participants will be greeted by cheering crowds and three DJ’s pumping the tunes!

All proceeds of this annual event will provide holiday meals and housing to those experiencing homelessness.

For more information on Drumstick Dash, click HERE.

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November 18, 2016

Rodeo Realty offices enjoy Thanksgiving luncheon

This week, Rodeo Realty offices had their very own Thanksgiving luncheon. Agents enjoyed a complete Thanksgiving meal with all the fixings!

Below are a few photos of agents enjoying their luncheon:

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