Author: Rodeo Realty Media Team

Posted on

Weekend Events | December 6 – December 8

As winter continues on, our weekly round-up of local fun is arriving right on time! Stay connected with what’s happening in your neighborhood. Check out this weekend’s top events happening from December 6 through December 8.

Los Angeles Weekend Events | December 6 – December 8 

Festival of Carols

When: December 7

Where: Downtown L.A.

What: Celebrate the season with the Los Angeles Master Chorale at Walt Disney Concert Hall, where holiday magic comes alive through song. Led by conductor Grant Gershon, 62 talented voices will fill the hall with beloved carols from around the world, including cherished classics like “Silent Night,” “Angels We Have Heard on High,” and “White Christmas.” Adding to the festive atmosphere, the Disney Hall’s iconic pipe organ will join the performance—and if you’re lucky, Santa himself might make a surprise visit!

 

Wicked

When: Until February 2, 2025

Where: Pantages | Hollywood

What: Step off Dorothy’s path and into the magical world of Wicked, where the untold story of Elphaba and Glinda unfolds. This stunning tale of friendship, love, and bravery takes audiences down a new yellow brick road, offering a fresh perspective on the Wicked Witch of the West and Glinda the Good. Just weeks after the feature film’s release, Wicked returns to the Pantages Theatre, bringing its spellbinding songs like “Defying Gravity” and “Popular” to life. No need to paint yourself green—simply sit back and let this “Wonderful” production enchant you, leaving your heart forever changed “For Good.”

 

Blitzen’s Bar at Westfield Century City

When: Until December 26

Where: Westfield Century City

What: Warm up with festive sips like eggnog, mulled wine, hot toddies, and more at Blitzen’s, a monthlong holiday pop-up inside Westfield Century City. Located in the shopping mall’s atrium, this cozy collection of pop-up shops and a bar brings the season to life with scheduled “snowfall” and live performances. Enjoy bar snacks and indulge in hot chocolate topped with marshmallows—perfect for kids and anyone opting for a non-alcoholic treat.

 

Westside & Communities Weekend Events | December 6 – December 8

Angel City Chorale’s Bling on the Holidays

When: December 7 – December 8

Where: Westwood

What: Put on your festive best and make your way to Royce Hall to experience the heavenly sounds of the Angel City Chorale. Known for their incredible run on America’s Got Talent, this 180-member ensemble will perform Christmas and Hanukkah favorites at their annual holiday concert. With a theme of “Bling,” the evening promises dazzling arrangements that blend classical, pop, world, contemporary, and gospel styles. Expect photo ops, sing-along carols, and delightful surprises. Can’t attend in person? The Sunday show will also be live-streamed, bringing the holiday cheer straight to you.

Hot Chocolate Nutcracker

When: December 7

Where: Manhattan Beach

What: Join Kara on a magical journey from New York to enchanting destinations around the world in this reimagined Nutcracker by the Debbie Allen Dance Academy, as featured in Netflix’s Dance Dreams. This vibrant take on the classic ballet blends jazz, modern dance, hip-hop, aerial arts, and traditional ballet for a truly unique performance. For an extra dose of holiday magic, matinee shows offer the option to attend the Fairy Queen Tea ($60), a pre-show celebration with a hot cocoa bar, storytelling, photos with the cast, and a meet-and-greet with performers.

Holiday Ceramics Workshop

When: Until December 8

Where: Venice

What: Bring a personal touch to your holidays with beginner-friendly workshops from the female-owned Handmade in Venice Beach. Gather your friends and head to Café Gratitude on November 24 or December 8 to craft your own clay ornaments, perfect for trimming the tree. On December 4, get creative making handmade gifts—whether it’s a cozy mug, a stylish tray, or anything your imagination inspires. All materials and festive decorations are included. You can take your creations home as is (though they’ll be fragile) or opt for bisque and glaze firing for a $10–$15 fee, with finished pieces ready for pickup a week later.

San Fernando Valley Weekend Events | December 6 – December 8

Jackalope Art Fair

When: Until Dec 8

Where: Burbank and Pasadena

What: Back for another year, the Jackalope Art Fair showcases over 150 local artisans offering high-quality, handcrafted goods ideal for holiday gifting. Visit the Pasadena market in Central Park (Nov 9–10) or the Downtown Burbank Winter Arts Festival on San Fernando Boulevard (Dec 7–8). Admission is free, making this an accessible and fun way to discover unique, handmade treasures.

CicLAvia: The Valley

When: December 8

Where: Sherman Oaks and Surrounding Areas

What: CicLAvia, inspired by Bogotá, Colombia’s original Ciclovías, invites all non-motorized wheels—bikes, tricycles, skateboards, strollers, and more—to explore car-free streets in a festive celebration. This final event of the year takes over five miles of Sherman Way, connecting Canoga Park, Winnetka, and Reseda. Along the route, enjoy live music, street performances, food trucks, and plenty of playful surprises and whimsical fun.

Blended Worlds: Experiments In Interplanetary Imagination

When: Until January 4, 2025

Where: Glendale

What: In this collaborative exhibition in Glendale, artists, and JPL scientists unite as 11 creatives across various mediums showcase their interpretations of how nature and the night sky spark wonder within us.

Conejo Valley Weekend Events | December 6 – December 8

Holidays in the Village

When: December 7 

Where: Thousand Oaks

What: Step into a European Christmas wonderland in Westlake Village at this festive marketplace. With 60 artisan vendors, live music, carolers, and holiday lights, it’s a celebration for all ages. Children will love meeting Santa and the Grinch, taking train rides, and participating in a teddy bear scavenger hunt. Treat yourself to baked goodies and seasonal drinks like Glühwein or Kinderpunsch as you shop the night away.

 

Holiday Road

When: Until December 28

Where: Santa Monica Mountains

What: Explore the enchanting grounds of King Gillette Ranch during Holiday Road, a nearly mile-long illuminated walking trail. From the creators of Nights of the Jack, this festive event features thousands of twinkling lights, a charming Christmas village, grand holiday displays, and glowing archways. Spot Santa and Mrs. Claus, and enjoy bites from food trucks and sips from a holiday bar. Tickets start at $25 before fees, with prices varying by date and time.

 

Wild Lights at The Teaching Zoo

When: Until December 23

Where: Moorpark College

What: The Teaching Zoo at Moorpark College sparkles this holiday season with the “Wild Lights” event. Enjoy a self-guided 45-minute walk through the zoo, featuring dazzling lights, interactive experiences, photo opportunities, and a festive, magical atmosphere.

Posted on

From The New Jaguar to Vizio and More! | Tech News

Don’t miss out on what’s happening in the world of tech! From the rebrand of Jaguar to Vizio and more, we have you covered. Stay connected with the top tech news headlines in this week’s blog!

Walmart Acquires Vizio to Expand Advertising Business

Vizio has been officially acquired by Walmart in a $2.3 billion deal, aiming to enhance its advertising capabilities through Vizio’s Platform Plus, the TV-maker’s advertising and data division that generates all of its gross profit. Walmart plans to leverage Vizio’s data to bolster its advertising efforts, including targeted ads on platforms like Disney Plus and Hulu, while potentially expanding ad placements on Vizio TVs both in stores and in consumers’ homes. Despite Vizio’s past privacy issues, including a $2.2 million FTC fine in 2017 for unauthorized data tracking, the acquisition positions Vizio to compete with budget-friendly TV brands like Roku, Amazon’s Fire TVs, and emerging platforms like The Trade Desk. Both companies will operate independently for now, with Vizio CEO William Wang staying in his role. Walmart’s Seth Dallaire praised Vizio’s profitable advertising shift, noting the partnership will drive further growth for Walmart Connect.

Amazon Introduces “Nova” AI Models to Expand AWS Offerings

Amazon unveiled a new suite of AI foundation models under the “Nova” brand at its AWS re:Invent conference. This announcement adds the  models to the Amazon Bedrock model library. The initial lineup includes three text and multimodal models—Nova Micro, Lite, and Pro. The models are optimized for varying capabilities, cost, and speed. A more advanced Nova Premier model for complex reasoning tasks is slated for release in early 2025. Amazon is also launching generative AI models. The AI models are Nova Canvas for image creation and Nova Reel for video generation, both equipped with watermarking to ensure responsible use. The company is leveraging its trusted AWS infrastructure to compete in the rapidly evolving AI space.

Eve Systems Launches First Android App with Limited Features

Eve Systems, previously exclusive to Apple, has launched its first Android app, Eve for Matter, on the Google Play Store, enabling Android users to access features previously available only on iOS. Initially compatible with Google Home and the new Eve Thermo smart radiator valve (€79.99), the app supports Matter-over-Thread technology for seamless integration. While future updates will expand compatibility to more devices and platforms, the current app offers basic controls and enhanced features like autonomous schedules for the Eve Thermo. Eve’s pivot to Android was driven by the privacy-focused Matter smart home standard, allowing the company to maintain local control and avoid cloud dependencies. While Android users can now use Eve’s Matter devices, such as smart plugs and blinds, full functionality remains exclusive to iOS users via the HomeKit app. Support for platforms like Amazon Alexa and Samsung SmartThings is planned for future app updates.

DOE Approves $7.54 Billion Loan for Stellantis-Samsung EV Battery Plants

The Department of Energy (DOE) has conditionally approved a $7.54 billion loan to StarPlus Energy LLC. Likewise, this is a joint venture between Stellantis and Samsung SDI, to fund two electric vehicle (EV) battery factories in Kokomo, Indiana. The deal is expected to generate 3,200 construction jobs and 2,800 operational roles. In addition, the plants will produce 67 GWh of batteries annually, enough to power approximately 670,000 vehicles. The loan follows previous commitments to Rivian, General Motors, Ford, and others. This coincides with a broader effort to secure U.S. leadership in EV production. 

Apple Music Replay 2024 Introduces In-App Recap and New Stats

Apple Music Replay 2024 is now available directly in the app for iPhones running iOS 18.1 or later. New features include insights like whether you rank among the top 500 or 1,000 listeners of a specific genre or artist, your longest streak of consecutive listening days, and detailed monthly breakdowns of your top artists, albums, and songs. Users can also learn the specific dates they first streamed their top tracks or artists. For artists, Replay now offers stats such as total listening minutes, listener counts, top cities, and most-Shazamed songs. As music recap season begins, Apple’s enhancements compete with upcoming features from Spotify Wrapped and Amazon Music. Tips are available to help users clean up unwanted tracks from their stats caused by shared accounts.

Jaguar Unveils Bold Concept Car as Part of Its “Copy Nothing” Era

Jaguar has debuted the Type 00 concept car, embodying its new “copy nothing” design ethos. The striking two-door coupe features a long hood, low roofline, and a fastback rear profile that omits a rear window. Showcased at Miami Art Week in “Miami pink” and “London blue,” the car certainly has standout features. This includes features like 23-inch wheels, butterfly doors and a unique cabin design with brass accents and a stone plinth. A thin display embedded in the windshield remains visible even when interior screens retract. Serving as a design preview, this concept sets the stage for Jaguar’s upcoming electric four-door GT. Expected next year, the Jaguar vehicle promises up to 430 miles of range and rapid charging. Jaguar’s creative officer, Gerry McGovern, calls it a return to the brand’s disruptive roots.

Posted on

Local Cozy Dining Spots | L.A. Eats

Los Angeles is home to an incredible variety of restaurants and bars, each offering unique culinary experiences and cozy spaces to enjoy them. For those who love dining with a touch of warmth, these spots feature fireplaces that add an extra layer of comfort and charm to your meal or night out. Whether you’re savoring wood-fired pizzas in Echo Park, indulging in Panamanian flavors in Venice, or enjoying a romantic evening in Studio City, these restaurants provide a perfect blend of ambiance and flavor. Let’s explore some of LA’s top fireplace-equipped dining destinations!

Dear Jane’s

Location: 13950 Panay Way, Marina Del Rey, CA 90292

Step into the sidebar at Marina Del Rey’s Dear Jane’s, where a 1960s-inspired ambiance mirrors the charm of its Culver City counterpart, Dear John’s. The dimly lit space boasts cherry wood-paneled walls, a cozy brick fireplace, plush red velvet seating, and a curated collection of portraits of women—a subtle homage to its namesake. Pair a classic martini with oysters Rockefeller for a timeless evening.

Si! Mon

Location: 60 North Venice Boulevard, Venice, CA 90291

Located in the former James Beach space, Si! Mon brings a taste of chef José Olmedo Carles Rojas’s Panamanian heritage to Venice. Dine near the cozy fireplace on the covered patio while savoring dishes like crispy fried chicken, curry-infused sashimi, and green banana patacones. The fusion of Central American flavors with fresh local ingredients makes this spot a standout.

Hatchet Hall

Location: 12517 W Washington Blvd, Los Angeles, CA 90066

Hidden within Culver City’s Hatchet Hall, the Old Man Bar offers an intimate retreat with its warm fireplace, vintage-inspired furnishings, and a hi-fi turntable stacked with vinyl albums. Sip on one of five distinct Old Fashioneds alongside light bites, burgers, and fries in this cozy, nostalgic space.

Lunetta All Day

Location: 2420 Pico Blvd, Santa Monica, CA 90405

Lunetta All Day transitions seamlessly from a relaxed breakfast and lunch venue to a refined dinner destination in the heart of Santa Monica. By day, enjoy breakfast sandwiches and fried chicken; by night, savor hand-cut gnocchi or a petit shoulder filet with ancho chile sauce. Nestle into a corner booth by the fireplace to elevate any meal.

Cold Shoulder Bar

Location: Hidden inside Blue Collar Bar, Fairfax, Los Angeles, CA

Uncover the secret entrance to Cold Shoulder Bar through a hidden bookcase in Fairfax’s Blue Collar Bar. Inside, a suspended fireplace adds intrigue to the moody space. Try the show-stopping Bananas Foster cocktail, crafted with real bananas, Koloa rum, and decadent toppings like bacon bits and caramel, for a memorable experience.

Pitfire Pizza Echo Park

Location: 2141 Sunset Boulevard, Los Angeles, CA 90026

Pitfire Pizza breathes new life into Echo Park’s former Mohawk Bend space with its signature wood-fired pizzas and vibrant red-and-white décor. The restaurant’s rear dining area features a charming brick-lined fireplace, the perfect spot to enjoy a slice in comfort.

MXO Steakhouse

Location: 826 North La Cienega Boulevard, Los Angeles, CA 90069

Chef Wes Avila brings the flavors of Monterrey, Mexico, to Beverly Grove with MXO Steakhouse. Its standout feature? A floating fireplace on the patio. Indulge in fire-grilled cuts like porterhouse, rib-eye cap, and bone-in New York steak while basking in the restaurant’s inviting atmosphere.

La Boheme

Location: 8400 Santa Monica Blvd, West Hollywood, CA 90069

Since 1991, La Boheme has been a West Hollywood staple for stylish outings and people-watching. Sip a Bellini while savoring housemade lamb merguez sausage, and aim for a table by the fireplace—either on the lush patio or inside the grand dining room—for the ultimate experience.

Laya Hollywood

Location: 1430 North Cahuenga Boulevard, Los Angeles, CA 90028

At Laya Hollywood, the central fireplace commands attention, visible from every seat in the restaurant. Chef Charbel Hayek’s vibrant menu combines California, Lebanese, and Middle Eastern influences, using market-fresh ingredients to elevate dishes like grilled meats and seasonal vegetables.

Superba Food + Bread Hollywood

Location: 6530 Sunset Blvd, Los Angeles, CA 90028

Housed in Hollywood’s historic Cat & Fiddle space, Superba Food + Bread offers an all-day menu in a relaxed, cozy setting. Sit by the inviting fireplace to enjoy brunch pastries or dinner items like grilled pork chops and roasted chicken, paired with curated wines and craft beers.

The High Low

Location: 3000 Los Feliz Blvd, Los Angeles, CA 90039

Atwater Village’s The High Low pays homage to the 1970s with its bold design and laid-back vibe. Gather around the central fireplace for Tex-Mex-inspired bites like puffy tacos and nachos, or explore the venue’s pool table, karaoke room, and live music lounge for a complete night out.

Firefly

Location: 11720 Ventura Blvd, Studio City, CA 91604

Studio City’s Firefly exudes warmth with its vine-covered walls, candlelit atmosphere, and roaring fireplace. Perfect for a romantic evening, the menu spans from artisanal charcuterie to hearty entrees like bone-in pork chops, with a decadent selection of desserts and after-dinner drinks to end the night.

Leona’s Sushi House

Location: 11814 Ventura Blvd, Studio City, CA 91604

At Leona’s Sushi House, chef Shigenori Fujimoto merges Japanese and Peruvian cuisines. Enjoy dishes like tiradito de tai with sea bream and yuzu. Gather around the central fireplace to relax with creative cocktails or enjoy an after-dinner bite in this inviting Studio City spot.

Casalena

Location: 22160 Ventura Boulevard, Woodland Hills, CA 91364

Spanning 8,000 square feet, Casalena offers a variety of dining spaces. From a sunken garden patio to a chandelier-lit atrium, the restaurant is enhanced by fireplaces throughout. The Mediterranean-inspired menu includes fresh seafood, prime steaks, pizzas, and pastas. Likewise, this makes it a standout in Woodland Hills for any occasion.

Posted on

Local Holiday Markets | Out & About

The holiday season is here, and there’s no better way to embrace the festive spirit than by exploring Los Angeles’ vibrant holiday markets and fairs. From charming European-inspired bazaars to modern pop-up events featuring local artisans and makers, these marketplaces offer a treasure trove of unique gifts, handcrafted goods, and seasonal delights. Whether you’re shopping for one-of-a-kind presents, enjoying festive food and drink, or simply soaking up the holiday cheer, these events are perfect for creating magical memories while supporting small businesses and local creatives. Here’s your guide to the best holiday markets happening in and around L.A. this season.

Craft Contemporary Holiday Marketplace

Location: Miracle Mile

Dates: Dec 7–8

Start your holiday shopping with creativity at the Craft Contemporary’s festive marketplace. Perfect for crossing off your gift list, this event showcases one-of-a-kind, handmade treasures crafted by emerging and established L.A. artisans. As a bonus, join the handmade holiday wrapping and card-making workshop to design upcycled, personalized gift wrap ($15, materials included).

Unique World

Location: DTLA

Dates: Dec 7–8

Celebrate 15 years of pop-up magic at Unique World, a reimagined version of the popular Unique Markets. This celebrated event highlights emerging brands with a curated selection of clothing, accessories, wellness products, artisanal foods, and art. Sip on drinks from woman-owned L.A. favorites at the Femme Fatale Bar, and explore The Studio for custom embroidery, permanent jewelry, and tarot readings. It’s the ultimate destination for discovering distinctive gifts for everyone on your list.

Los Angeles Christmas Market

Location: Downtown Arts District

Dates: Until Dec 24

Experience the charm of a European-style holiday market at ROW DTLA. This outdoor shopping event features handmade goods by local artisans, delectable festive bites like schnitzel and soft pretzels, and plenty of holiday cheer with carolers, cookie decorating, and cozy photo opportunities. Perfect for embracing the season while supporting local talent.

Jackalope Art Fair

Location: Burbank and Pasadena

Dates: Until Dec 8

Back for another year, the Jackalope Art Fair showcases over 150 local artisans offering high-quality, handcrafted goods ideal for holiday gifting. Visit the Pasadena market in Central Park (Nov 9–10) or the Downtown Burbank Winter Arts Festival on San Fernando Boulevard (Dec 7–8). Admission is free, making this an accessible and fun way to discover unique, handmade treasures.

Handmade Market Collective’s Holiday Market

Location: Atwater Village

Dates: Dec 15

Find truly unique, handmade gifts at this artisan market outside Hugo’s Tacos in Atwater Village. With everything from artisan jewelry and candles to ceramics and prints, you’ll have no trouble finding thoughtful gifts for loved ones. Chat with the makers (no third-party sellers allowed) and enjoy the festive community spirit as you tick off your holiday shopping list.

A Current Affair: Pop-Up Vintage Marketplace

Location: West Hollywood

Dates: Dec 7–8

Calling all vintage enthusiasts! Explore an impressive collection of vintage clothing, accessories, and jewelry from top retailers and private dealers. From rare designer finds to perfectly worn-in denim, this marketplace is a go-to spot for stylists and treasure hunters alike. Held in the West Hollywood Design District, this is a can’t-miss event for anyone passionate about vintage fashion.

Holidays in the Village

Location: Thousand Oaks

Dates: Dec 7

Step into a European Christmas wonderland in Westlake Village at this festive marketplace. With 60 artisan vendors, live music, carolers, and holiday lights, it’s a celebration for all ages. Children will love meeting Santa and the Grinch, taking train rides, and participating in a teddy bear scavenger hunt. Treat yourself to baked goodies and seasonal drinks like Glühwein or Kinderpunsch as you shop the night away.

SoCal Etsy Guild Holiday Market

Location: Burbank

Dates: Until Dec 15

Bring your favorite Etsy shops to life at this holiday market popping up across Southern California. Discover handmade and vintage finds alongside artisanal food, live art, DIY activities, and giveaways. It’s a festive way to support local makers while picking out unique gifts you won’t find anywhere else.

Posted on

Economic Update | Month Ending November 30, 2024

Banner

November marked the best month of the year for stock markets. Ending the month at all-time highs, stock markets began to surge when President Trump won the election, as Investors expect easing regulations and lower corporate tax rates. At the same time bond yields and mortgage rates increased as fears of tariffs and deportations could fuel inflation; however, bond yields and mortgage rates dropped in the last week of the month. Inflation gauges did rise slightly in October. The Consumer Price Index (CPI) showed that consumer process increased 2.6% year-over-year in October, up from a 2.4% year-over-year increase in September. Core CPI, which excludes food and energy prices, increased 3.3% year-over-year, unchanged from September’s annual increase. The Producer Price Index (PPI) also increased in October. It measures wholesale prices which increased 2.4% year-over-year in October, its highest level in 4 months, and up from a 1.9% year-over-year increase in September. The Core PPI level came in at a 3.5% year-over-year increase in October, up from a 3.3% increase in September. The Personal Consumption Expenditure Price Index (PCE) showed a 12-month inflation rate of 2.3%, up from a 2.1% annual rate in September. Core PCE increased 2.8% year-over-year. These increases were in line with analysts’ expectations as increased retail sales, consumer confidence, and other data pointed to the economy picking up.

 

The chart below shows the CPI rate since 2021. Even though it moved up last month, it’s still much lower than it has been over the past two years.

 

Stock Markets -The Dow Jones Industrial Average closed the month at 44,910.65, up 7.5% from 41,763.46, on October 30, 2024. It is up 19.2% year-to-date. The S&P 500 closed the month at 6,032.38, up 5.7% from 5,705.45 last month. It is up 26.5% year-to-date. The NASDAQ closed the month at 19,218.17, up 6.3% from 18,085.15 last month. It is up 28% year-to-date.

U.S. Treasury bond yields – The 10-year treasury bond closed the month yielding 4.18%, down from 4.28% last month. The 30-year treasury bond yield ended the month at 4.36%, down from 4.47% last month. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates – Mortgage rates jumped in October on fears of inflation picking up in future months based on stronger economic reports. Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 27, 2024, were as follows: The 30-year fixed mortgage rate was 6.81%, up from 6.72% at the end of September. The 15-year fixed was 6.10%, up from 5.99% last month.

Home sales data is released on the third week of the month for the previous month by the California Association of Realtors and the National Association of Realtors. These are October’s home sales figures.

U.S. existing-home sales October 2024 – The National Association of Realtors reported that existing-home sales totaled 3.96 million units on a seasonally adjusted annualized rate in October, up 2.9% from an annualized rate of 3.85 million units last October. That marked the first year-over-year increase in sales in 3 years. The median price for a home sold in the U.S. in October was $407,200, up 4% from $391,600 one year ago. There was a 4.2-month supply of homes for sale in October, up from a 3.6-month supply one year ago. First-time buyers accounted for 27% of all sales. Investors and second-home purchases accounted for 17% of all sales. All cash purchases accounted for 27% of all sales. Foreclosures and short sales accounted for 2% of all sales.

October California existing-home sales report – The California Association of Realtors reported that existing-home sales totaled 264,870 on an annualized rate in October, up 4.7% from 253,010 homes on an annualized rate in September, and up 5.8% from a revised 241,910 homes sold on an annualized basis last October. The statewide median price paid for a home in October was $888,740, up 2.4% from $868,150 in September, and up 5.8% from $839.990 one year ago. There was a 3.1- month supply of homes for sale in October, down from a 3.6-month supply of homes for sale in September, but up from a 2.7-month supply in October 2023.

The graph below lists home sales data by county in Southern California.

Posted on

Economic Update | Week Ending November 30, 2024

November marked the best month of the year for stock markets. Ending the month at all-time highs, stock markets began to surge when President Trump won the election, as Investors expect easing regulations and lower corporate tax rates. At the same time bond yields and mortgage rates increased as fears of tariffs and deportations could fuel inflation; however, bond yields and mortgage rates dropped in the last week of the month. Inflation gauges did rise slightly in October. The Consumer Price Index (CPI) showed that consumer process increased 2.6% year-over-year in October, up from a 2.4% year-over-year increase in September. Core CPI, which excludes food and energy prices, increased 3.3% year-over-year, unchanged from September’s annual increase. The Producer Price Index (PPI) also increased in October. It measures wholesale prices which increased 2.4% year-over-year in October, its highest level in 4 months, and up from a 1.9% year-over-year increase in September. The Core PPI level came in at a 3.5% year-over-year increase in October, up from a 3.3% increase in September. The Personal Consumption Expenditure Price Index (PCE) showed a 12-month inflation rate of 2.3%, up from a 2.1% annual rate in September. Core PCE increased 2.8% year-over-year. These increases were in line with analysts’ expectations as increased retail sales, consumer confidence, and other data pointed to the economy picking up.

Stock markets -The Dow Jones Industrial Average closed the week at 44,910.65, up 1.4% from 44,296.51 last week. It is up 19.2% year-to-date. The S&P 500 closed the week at 6.032.38, up 1.1% from 5,969.34 last week. The S&P is up 26.5% year-to-date. The Nasdaq closed the week at 19,218.17, up 1.1% from 19,003.65 last week. It is up 28% year-to-date.

U.S. Treasury bond yields – The 10-year treasury bond closed the week yielding 4.18%, down from 4.41% last week. The 30-year treasury bond yield ended the week at 4.36%, down from 4.60% last week. We watch bond yields because mortgage rates follow bond yields.

Mortgage rates – Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 21st, 2024, were as follows: The 30-year fixed mortgage rate was 6.84%, up from 6.78% last week. The 15-year fixed was 6.02%, up from 5.99% last week.

Economic update for the month ending November 30, 2024

The chart below shows the CPI rate since 2021. Even though it moved up last month, it’s still much lower than it has been over the past two years.

Stock Markets -The Dow Jones Industrial Average closed the month at 44,910.65, up 7.5% from 41,763.46, on October 30, 2024. It is up 19.2% year-to-date. The S&P 500 closed the month at 6,032.38, up 5.7% from 5,705.45 last month. It is up 26.5% year-to-date. The NASDAQ closed the month at 19,218.17, up 6.3% from 18,085.15 last month. It is up 28% year-to-date.

U.S. Treasury bond yields – The 10-year treasury bond closed the month yielding 4.18%, down from 4.28% last month. The 30-year treasury bond yield ended the month at 4.36%, down from 4.47% last month. We watch bond yields because mortgage rates often follow treasury bond yields.

Mortgage rates – Mortgage rates jumped in October on fears of inflation picking up in future months based on stronger economic reports. Every Thursday Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 27, 2024, were as follows: The 30-year fixed mortgage rate was 6.81%, up from 6.72% at the end of September. The 15-year fixed was 6.10%, up from 5.99% last month.

Home sales data is released on the third week of the month for the previous month by the California Association of Realtors and the National Association of Realtors. These are October’s home sales figures.

U.S. existing-home sales October 2024 – The National Association of Realtors reported that existing-home sales totaled 3.96 million units on a seasonally adjusted annualized rate in October, up 2.9% from an annualized rate of 3.85 million units last October. That marked the first year-over-year increase in sales in 3 years. The median price for a home sold in the U.S. in October was $407,200, up 4% from $391,600 one year ago. There was a 4.2-month supply of homes for sale in October, up from a 3.6-month supply one year ago. First-time buyers accounted for 27% of all sales. Investors and second-home purchases accounted for 17% of all sales. All cash purchases accounted for 27% of all sales. Foreclosures and short sales accounted for 2% of all sales.

October California existing-home sales report – The California Association of Realtors reported that existing-home sales totaled 264,870 on an annualized rate in October, up 4.7% from 253,010 homes on an annualized rate in September, and up 5.8% from a revised 241,910 homes sold on an annualized basis last October. The statewide median price paid for a home in October was $888,740, up 2.4% from $868,150 in September, and up 5.8% from $839.990 one year ago. There was a 3.1- month supply of homes for sale in October, down from a 3.6-month supply of homes for sale in September, but up from a 2.7-month supply in October 2023.

The graph below lists home sales data by county in Southern California.

Have a great weekend!

Posted on

Elegant Holiday Decor Ideas | Home Tips

In Southern California, where the holidays meet sunshine and coastal charm, your holiday decor can embrace a unique blend of seasonal elegance and regional style. Transforming your home into a festive retreat is one of the joys of the holiday season. From palm trees wrapped in twinkling lights to sophisticated indoor accents, here’s how to elevate your holiday atmosphere this December.

1. Palm Trees with a Festive Twist

Nothing says “SoCal holidays” quite like illuminated palm trees. Swap the traditional fir trees for your backyard palms by wrapping their trunks with warm, white LED lights or multicolor strands for a playful look. Consider adding metallic garlands or oversized ornaments to the bases of smaller potted palms for a touch of whimsy. This effortless holiday decor idea brings festive cheer to your outdoor spaces.

2. Coastal Holiday Accents

Incorporate coastal elements to create a holiday decor look that feels at home in Southern California. Adorn your tablescapes with sea glass ornaments, driftwood centerpieces, or nautical-inspired linens. Add pops of seasonal colors, such as deep blue and gold, to evoke the ocean’s hues alongside holiday warmth. Shells and starfish with a light dusting of glitter make for chic tree ornaments or mantel decorations.

3. Modern and Minimalist Interior Touches

For a luxurious yet understated holiday decor vibe, embrace a modern aesthetic. Opt for neutral tones like champagne, ivory, and blush pink accented with metallics to create a sleek and elegant look. Replace heavy garlands with eucalyptus or olive branches for a lighter, fresher take on greenery. Consider placing a statement piece, like a sculptural holiday tree or an oversized ornament display, to anchor your room.

4. Seasonal Scent and Lighting

Nothing completes a festive ambiance like the perfect scent and lighting. Use natural candles or diffusers with holiday-inspired fragrances, such as cinnamon, cedarwood, or vanilla. For lighting, blend soft fairy lights with votive candles to cast a warm and inviting glow throughout your home. Layer these with dimmable LED lights to create various moods, from cozy evenings to lively gatherings.

5. Outdoor Living Spaces for Holiday Gatherings

Southern California’s mild winters mean outdoor entertaining is always an option. Dress up your patio or balcony with plush, weather-resistant throws, festive cushions, and heaters for added comfort. Hang string lights or lanterns to create a magical setting, and set up a holiday-themed bar cart with spiced cocktails or hot cocoa to keep your guests feeling festive.

Elevate Your Holidays, Southern California Style!

Combining elegance with a touch of coastal flair allows you to create a holiday setting that feels both festive and true to Southern California’s unique charm. Whether you’re hosting gatherings or enjoying quiet family moments, these décor ideas will make your home sparkle with seasonal joy.

Posted on

From Porsche to Sony and More! | Tech News

Check out the latest tech news from across the World Wide Web. We have you covered with what’s happening from Porsche to Sony and more! Read on for a round-up of tech and media headlines you need to know.

New Startup Aims to Build Operating System for AI Agents

A new startup, /dev/agents, founded by former Android leaders, is developing an operating system tailored for AI agents. The company, led by Hugo Barra (former Google VP of Android) and David Singleton (ex-Google VP of Android engineering), aims to simplify the creation of autonomous digital assistants that can perform tasks and make decisions with minimal human input. The team, which also includes experienced tech figures like Ficus Kirkpatrick and Nicholas Jitkoff, is focusing on creating a cloud-based platform with new user interfaces, privacy models, and developer tools to accelerate AI agent development. The goal is to create an “Android-like moment” for the AI agent industry.

FCC Approves SpaceX-T-Mobile Satellite Partnership for Direct-to-Phone Service

The Federal Communications Commission (FCC) has approved SpaceX’s Starlink satellites to provide T-Mobile customers with direct-to-phone service, marking the first collaboration between a satellite operator and wireless carrier for supplemental cell coverage from space. This move is seen as a step toward improving connectivity, especially in remote areas, with potential benefits for 911 access and technological innovation. The partnership, announced in 2022, aims to eliminate cellular dead zones across the U.S. and follows SpaceX’s temporary clearance in October to support areas affected by Hurricane Helene. However, the FCC has yet to decide on issues like increased satellite power for features such as voice and video calls, with concerns from competitors AT&T and Verizon about interference. The service’s full rollout, including voice and data, is expected by 2025.

Porsche Delays Full EV Shift, Focuses on Combustion Engines Amid Slowdown

Porsche is putting the brakes on its full transition to electric vehicles (EVs) due to slower-than-expected sales, especially in the U.S. and China. The automaker’s CFO, Lutz Meschke, confirmed that Porsche will continue producing internal combustion engine models for the foreseeable future, noting a strong preference for gas-powered engines in the luxury segment. While Porsche had planned to expand its EV lineup, including the Cayenne and 718, Meschke revealed the company is now considering hybrid or combustion versions for these models. Porsche had previously set a goal to have 80% of its sales come from electric vehicles by 2030 but is adjusting its strategy in response to market realities.

Spotify Integrates with Google Gemini for AI Music Search

Spotify now supports Google’s Gemini Extensions, allowing users to search and play music using natural language through the generative AI assistant. Rolling out to compatible Android devices, Gemini can play songs, albums, artists, playlists, or music for specific activities, though it cannot yet create playlists or radio stations. Users must link their Spotify and Google accounts, enable Gemini Apps Activity, and specify Spotify if another music service is linked. Currently, the feature only works in English and is unavailable on Google Messages, Gemini’s web app, or iOS. Spotify follows WhatsApp as the second non-Google app to integrate Gemini.

Mercedes-Benz Brings Vehicle Control to Apple Watch

Mercedes-Benz has launched an Apple Watch app. The app allows users to control and monitor their vehicles directly from their wrists. The app is compatible with watchOS 9 or later. Linked to the Mercedes-Benz mobile app on an iPhone, the app lets owners check fuel or charge levels. In addition, the app lets users lock and unlock doors and locate their parked vehicle with navigation or a virtual compass. The features vary by model and equipment and are available for 2019 or newer Mercedes-Benz vehicles. The company joins other automakers like Honda, Ford, and Volvo in offering watchOS support.

Sony Developing New Handheld Console for PS5 Games

Sony is reportedly working on a new handheld gaming console that will let users play PlayStation 5 games natively. Of course, Sony is aiming to compete with Nintendo and Microsoft in the portable gaming market. Still in early development, the device would expand on Sony’s existing PlayStation Portal. Likewise, it would stream PS5 games via Wi-Fi. Unlike its predecessor, the new console would allow offline play, making Sony’s games more accessible. This move comes as Nintendo prepares a successor to the Switch, and Microsoft explores its own handheld prototype. In addition, competition in the category grows with devices like Valve’s Steam Deck and Asus’s ROG Ally.

Posted on

Weekend Events | November 29 – December 1

It’s Thanksgiving weekend and there is no better time to check out fall happenings. Don’t miss all the fun in your neighborhood! Check out all the local activities happening November 29 through December 1.

Los Angeles Weekend Events | November 29 – December 1

L.A. Zoo Lights

When: Until January 5

Where: L.A. Zoo | Griffith Park

What: The L.A. Zoo will remain open after dark most nights through January, offering a magical take on its holiday light tradition. This year’s “Animals Aglow” edition features enchanting oversized animal-shaped lanterns, creating a vibrant and charming trail that celebrates the zoo’s diverse wildlife.

Hollywood Christmas Parade

When: December 1

Where: Hollywood Blvd

What: The Hollywood Christmas Parade is pure L.A. kitsch, as iconic as an Angelyne billboard on Sunset Boulevard. Celebrating over nine decades of holiday cheer, the parade showcases a dazzling lineup of floats, balloons, marching bands, equestrian units, and celebrity appearances. The festive U-shaped route kicks off at Hollywood and Orange, winding its way to Sunset and Orange. Reserved grandstand seating is available for purchase, with proceeds benefiting Toys for Tots, while free curbside spots offer a budget-friendly way to enjoy the spectacle.

L.A. Kings Holiday Ice

When: Until January 10

Where: DTLA

What: The annual L.A. Kings ice skating rink is back at L.A. Live, bringing festive fun to the heart of the city. Glide around the stunning Christmas tree at the center of the outdoor rink while enjoying an LED holiday light show on the massive screens surrounding the plaza. With four nightly skating sessions to choose from, it’s a perfect way to embrace the holiday spirit. Tickets, which include skate rentals, are available exclusively on-site and cannot be purchased online.

Westside and Beach Communities Weekend Events | November 29 – December 1

Winter Fest OC

When: November 22 – January 5

Where: Santa Monica

What: Celebrate a decade of holiday magic at this Christmas-themed event in Costa Mesa, transforming Orange County into a dazzling winter wonderland. Stroll through the enchanting North Pole walk-through, enjoy snow play and ice tubing, and capture festive memories with picture-perfect photo ops. This year, a brand-new holiday light show featuring over 2 million twinkling lights will take center stage. For an elevated experience, indulge in the expanded carnival, glide across the ice skating rink, or relax in VIP Arctic cabanas. Try your hand at “Polar Putt Putt” golf or warm up in cozy fireside igloos. Seasonal treats and hot cocoa will ensure you stay cozy while soaking in the holiday cheer.

Diane von Furstenberg: Woman Before Fashion

When: Until August 2025

Where: The Skirball Museum | Westside

What: Explore over 50 garments from Diane von Furstenberg, including her iconic wrap dress, in this career-spanning exhibition at the Skirball. The show also highlights her philanthropic work and the impact of her upbringing as the daughter of a Holocaust survivor, alongside artwork and fabric swatches.

Ice at Santa Monica

When: Until January 20

Where: Downtown Santa Monica

What: Just a few blocks from the beach, Ice in downtown Santa Monica brings a touch of winter to this coastal city. The 8,000-square-foot outdoor rink is open daily from November to mid-January at Fifth Street and Arizona Avenue, a short walk from the E Line. Tickets are $24 for an hour, including skate rentals, and options for private parties and cabanas are available for a more exclusive experience. Enjoy treats for sale and special themed nights throughout the season.

San Fernando Valley Weekend Events | November 29 – December 1

Holidays on the Hill

When: Until January 5

Where: Universal City

What: Nestled at the Hilton near Universal Studios Hollywood, this ice skating rink offers stunning views of the Hollywood Hills. Families can enjoy Santa’s Workshop and face painting, while couples can indulge in the “date & skate” package with tickets and themed cocktails from the Jingle Bell Tavern. Don’t miss “Wicked Wednesdays” starting December 4, featuring green lighting and tracks from the musical, or the free skating session on November 30 from 6–8 p.m., with performances by a Wicked cast member and the Los Angeles Ice Theater.

Friendsgiving Tour

When: Until November 30

Where: Burbank

What: Celebrate Friendsgiving like Rachel, Ross, and the rest of the crew with the Warner Bros. Studio Tour Hollywood’s special 30th-anniversary experience. This seasonal offering includes a 90-minute guided tour of iconic *Friends* sets, authentic costumes, and behind-the-scenes trivia, plus a Thanksgiving feast by the show’s famous fountain. Don’t miss your chance to snag a photo on the Central Perk couch!

Blended Worlds: Experiments In Interplanetary Imagination

When: Until January 4, 2025

Where: Glendale

What: In this collaborative exhibition in Glendale, artists, and JPL scientists unite as 11 creatives across various mediums showcase their interpretations of how nature and the night sky spark wonder within us.

Conejo Valley Weekend Events | November 29 – December 1

Holiday Road

When: Until December 28

Where: Santa Monica Mountains

What: Explore the enchanting grounds of King Gillette Ranch during Holiday Road, a nearly mile-long illuminated walking trail. From the creators of Nights of the Jack, this festive event features thousands of twinkling lights, a charming Christmas village, grand holiday displays, and glowing archways. Spot Santa and Mrs. Claus, and enjoy bites from food trucks and sips from a holiday bar. Tickets start at $25 before fees, with prices varying by date and time.

Wild Lights at The Teaching Zoo

When: Until December 23

Where: Moorpark College

What: The Teaching Zoo at Moorpark College sparkles this holiday season with the “Wild Lights” event. Enjoy a self-guided 45-minute walk through the zoo, featuring dazzling lights, interactive experiences, photo opportunities, and a festive, magical atmosphere.

74th Annual Santa Paula Christmas Parade

When: November 30

Where: Main Street from Seventh St to Eleventh St. | Santa Paula

What: Get ready for a night of holiday magic at the 74th Annual Santa Paula Christmas Parade on Saturday, November 30, 2024, at 6:30 PM! Enjoy a festive parade filled with marching bands, twinkling floats, cheerful toy soldiers, classic cars, dazzling equestrians, local community groups, and of course—Santa Claus himself! It’s an unforgettable celebration for the whole family!

Posted on

Staycation in Big Bear | Out & About

Change up your weather this season with a festive staycation to Big Bear! This magical mountain escape offers the perfect opportunity for an icy holiday break, whatever you’re looking for – skiing down slopes or simply taking time away from everyday life. Learn more about how you can make the most of our snow retreat in our exclusive guide to visiting Big Bear.

Stay Awhile

Just 100 miles away from the hustle and bustle of Los Angeles lies a rugged yet enchanting escape. Big Bear offers spectacular winter skiing and summer lake pleasure for those who seek to unwind in an idyllic setting. For luxury seekers looking to visit this scenic town along its namesake lake, there are two elite stay options we can highly recommend – perfect for when you want nothing but the best!

  • Bluegreen The Club At Big Bear Village – Escape to The Bluegreen The Club, a luxury rustic resort set in the majestic San Bernardino Mountains. Enjoy all that nature has to offer while relaxing in one of our suites! Choose between two-bedrooms or luxurious Presidential level three and four bedrooms – each featuring a designer kitchen and baths, fireplaces, and jacuzzis for your relaxation pleasure.

  • Gold Mountain Manor -Take a journey back to 1928 and experience the nostalgia of Gold Mountain Manor. Nestled on the picturesque north shore of Big Bear City, this Adirondack-style log mansion was lovingly restored by movie investor Alexander Buchanan Barret and features unique touches like stone fireplaces, jacuzzis, and a wrap-around veranda. Let your imagination go wild in this charming retreat!

Dine and Sip

While in town, you will find plenty of fine dining and places to sip and relax. Here are our favorites.

The Pines Lakefront

Experience the unique beauty of The Pines, a 1920s architectural marvel situated almost with an idyllic view of rolling hills and shimmering waters. Delight in their delectable menu and select from over 200 remarkable wines housed within their world-renowned wine cellar.

Himalayan Restaurant

Discover a world of exotic flavors at the Himalayan in Lake Village, California. Our celebrated restaurant specializes in fine Indian and Nepalese cuisine crafted with only the freshest ingredients, herbs, and spices. Come experience one-of-a-kind culinary greatness!

Barrel 33 

Visit Barrel 33 in Lake Village for a sophisticated evening of sipping fine wines; beer, cider, and hard seltzer are also available. Experience an inviting atmosphere with superior service from the family-run bistro.

Big Bear Lake Brewing Company 

Big Bear Lake Brewing Company is the perfect spot to indulge. Enjoy unique microbrews, classic cocktails with a twist, and delicious menu items. With craft breweries on the rise, this local favorite stands out among them all!

To Do, Shop, and See

Big Bear Mountain is a year-round destination for outdoor and leisure activities! In winter, grab your skis or snowboard and hit the slopes. Enjoy something warmer? Go golfing in the summertime, explore beautiful hiking trails or simply relax by the fire! For some retail therapy, you don’t want to miss out on visiting Big Bear Lake Village. With over 120 vendors offering everything from high-end boutiques to an array of unique art pieces, it’s not to be missed.

Come to Big Bear, unwind, recharge, refresh, relax and enjoy,

Proudly powered by WordPress