Rodeo Realty's Studio City agent Laura Piller-Plourde sales home of “Let’s Make a Deal” host Wayne Brady

Game show host Wayne Brady has sold his Sherman Oaks home for $2.65 million. Laura Piller-Plourde of Rodeo Realty Studio City listed the modern residence, which made headlines in the Los Angeles Times.

The updated home is located behind gates up on a private drive. Built in 1954, the one-story property features hardwood floors, high-beamed ceilings, and a skylight-lit entry within the open floor plan.

The home comes with five bedrooms and five bathrooms. The house also contains a living and family room, a chef’s kitchen, a dining room, and an office.

Outdoors, there’s a swimming pool and spa, a barbecue center, fire pit, and a grassy play area.

To read the LA Times article on this sale, click HERE.

Economic update for the week ending July 7, 2018

U.S. economy adds 213,000 new jobs in June – Unemployment rate ticks up to 4% – The Department of Labor Statistics reported that U.S. employers added 213,000 new jobs in June. Experts had predicted 194,000 new jobs, so this was a very positive report. The unemployment rate increased to 4% as more workers entered the workforce. Average hourly wages were just 2.7% above last June’s level. This was below the 2.8% expected.
 
Stocks snap a three week losing streak and end the week higher – A better than expected June jobs report, and expectations of a strong second quarter earnings reporting season, helped stocks shrug off fears of a global trade war. The Dow Jones Industrial Average closed the week at 24,456.58, up from 24,271.41 last week. It is down 1.1% year-to-date.  The S&P 500 closed the week at 2,759.83, up from 2,718.37. It’s up 3.2% year-to-date. The NASDAQ closed the week at 7,688.39, up from 7,510.30 last week. It’s up 11.4% year-to-date.
 
Treasury Bond Yields drop again this week  –  The 10-year treasury bond closed the week yielding 2.78%, down from 2.85% last week. The 30-year treasury bond yield ended the week at 2.94%, down from 2.98% last week. We watch bond rates because mortgage rates follow bond rates.
 
Mortgage Rates down this week –  The July 5, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.52%,  down from 4.55%  last week. The 15-year fixed was 3.99%, down from 4.04% last week. The 5-year ARM was 3.74% down from 3.87% last week.
 
Have a great weekend,
Syd

The Best Action Movies So Far For 2018

DEADPOOL 2 | 20TH CENTURY FOX
BEIRUT | BLEECKER STREET
TOMB RAIDER | WARNER BROTHERS
UPGRADE | BH/TILT
KICKBOXER: RETALIATION | WELL GO USA ENTERTAINMENT
MANHUNT | NETFLIX
INCREDIBLES 2 | PIXAR
BRAVEN | SABAN FILMS
ANT-MAN AND THE WASP | MARVEL STUDIOS
A QUIET PLACE | PARAMOUNT PICTURES
THE COMMUTER | LIONSGATE
BLACK PANTHER | MARVEL STUDIOS
ANNIHILATION | PARAMOUNT PICTURES

Weekend Events: July 6 – 8

Los Angeles provides no limit of things to do, some awesome and some not so awesome. Since time is precious in this fast paced city we curate a list of things to do in Los Angeles for every weekend that’ll help you decide how you want to spend your limited supply of attention (not to mention dollars!).

This weekend, from Friday, July 6 to Sunday, July 8, features Old Pasadena Summer Cinema,Late Night Fridays at the Tar Pits, Los Angeles Salsa Festival, The Dessert Goals Fest, Summertime in the LBC and MUCH more.

Hope you find the rundown useful and, as always, enjoy your week!

Friday July 6th, 2018

1. Old Pasadena Summer Cinema continues with screenings on Friday and Saturday that include Sunset BoulevardPee-wee’s Big Adventure and more. The series brings free movie screenings to the Old Pasadena area at select venues from July 5 to 28. FREE

2. Back for the 15th year in a row, The Independent Shakespeare Co. presents Shakespeare in the Parkat the Old Zoo in Griffith Park with free performances Thursday through Sunday of A Midsummer Night’s Dream. FREE

3. The Hammer museum will host a live broadcast of the FIFA World Cup this Friday and Saturday during the quarterfinals. FREE

4. The Music Center’s annual Dance DTLA series is back for 2018 with a series of Friday-night events at Grand Park. This week features Dance DTLA an evening dedicated to line dancing. FREE

5. Anime Expo 2018 returns to the Los Angeles Convention Center July 5-8 , giving anime experts and beginners alike the opportunity to meet some of anime’s greatest creators, voice actors and more.

6. Shakespeare By The Sea will once again offer a ten-week program of admission-free performances. The series continues with performances of The Winter’s Tale and The Merry Wives of Windsor from Friday through Sunday. FREE

7. Mexican bolero icons Los Tres Reyes and Grammy award-winning recording artist Rosalie Rodriguez will take the stage of the Ford Theatre this Friday for a concert featuring bolero music a style considered to be the most romantic music genre of Latin America.

8. Are you a Chase bank customer? Got a freebie you might want to know about. Coolhaus is teaming with the Forum and Chase to hand out free ice cream sandwiches to Chase customers on Fridays all summer long. Locations will change every Friday, and the offer is ice cream sandwich per cardholder. Get more info here.

9. Barnsdall Fridays returns to Barnsdall Art Park for the tenth year in a row, with evening tastings of boutique wines and music from KCRW DJs perched atop a hill with incredible city views.

10. For over 30 years, Grand Performances has offered a variety of performance events at California Plaza, for free. Their 2018 summer series runs June 1 through August 18. Performing this Friday is Ginkgoa; The Vignes Rooftop Revival performing the music of Django Reinhardt and Bootsy Collins of Parliament-Funkadelic fame on Saturday. FREE

11. Rooftop Cinema Club returns to the rooftops of LEVEL in DTLA and NeueHouse in Hollywood with multiple screenings this week that include The Shape of Water, Mystic Pizza and more.

12. Beyond the Streets is a fully immersive exhibition of street and graffiti art comprised of over 30 artist in a massive 40,000+ square feet exhibits. Artist are an eclectic mix of street and beyond including Retna, Shepard Fairey, Kenny Scharf Dennis Hopper and Jenny Holzer. Open Tuesday through Sunday this week. Open Tuesday through Sunday this week. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

13. The Department of Beaches and Harbors presents Beach Movie Nights at Dockweiler Youth Center this week screening Big Hero 6. FREE

14. The Griffith Observatory hosts a monthly forum where some of the most amazing phenomena in the known universe are explained and discussed. It’s called All Space Considered and it takes place on the first Friday of every month. FREE

15. Madame Tussauds in Hollywood is throwing a 80’s style midnight party.  In collaboration with 1987 Juices the event is a workout party with live music by DJ Lalaland and cold pressed juices. 80’s workout wear is suggested.

16. Since its the first Friday of the month check out all the cool events happening around town including block parties and art walks for First Fridays.

17Jazz at LACMA welcomes Louis Van Taylor at the BP grand entrance at 6 p.m. FREE

18. Free museum daysNorton Simon Museum (5 to 8 p.m.), Pasadena Museum of California Art (noon to 5 p.m.), La Brea Tar Pits Museum (5 to 8 p.m.) and Long Beach Museum of Art (11 a.m. to 5 p.m.)

Saturday July 7th, 2018

19. The 3rd annual Los Angeles Salsa Festival 2018 returns to Pershing Square in DTLA July 7-8 for a fun-filled cultural event honoring salsa. An array of salsas will be available to sample, along with local food vendors selling their best dishes both days of the festival.

20. Enjoy a free outdoor concert featuring music from Broadway, Hollywood, and the Great American Songbook when the Pasadena Symphony and POPS brings Music Under the Stars to the plaza in front of Pasadena City Hall. FREE

21. The Dessert Goals Fest heads to Cooper Design Space in DTLA July 7-8, with the theme: the Moon + Stars. Attendees are encouraged to dress around the theme. Expect 20+ dessert vendors selling their wares, an Instagram Garden, complimentary coffee courtesy of Bodum, free candy, and more. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

22. Enjoy free movie screenings under the stars when the Amazon Treasure Truck heads to the Santa Monica Pier this weekend for a screening of Hotel Transylvania. FREE

23Summertime in the LBC returns to the Queen Mary in Long Beach for a daylong music festival showcasing many of your favorite hip-hop artists of the last few decades. Snoop Dogg will perform his seminal record Doggystyle and you can expect Ice Cube, The Game, Ja Rule & Ashanti, The Isley Brothers, Method Man & Redman, E-40 & Too $hort, Warren G & Dove Shack, DJ Quik & Suga Free, Mack 10 and more to bring down the house.

24. Celebrate summer in the SGV during Movies in the Park, a free outdoor film series screening at Alhambra Park. This weekend they’ll screen the animated version of Beauty and the BeastFREE

25. Eat|See|Hear returns for 2018 with a screening of Rear Window at The Autry Museum. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

26. The Long Beach Vegan Festival will feature delicious vegan fare from hundreds of vendors, live music, creative art installations, a kids play zone, a vegan chili cook-off and earth-friendly vendors. Check for discounted tickets before making your purchase. DISCOUNTED (via Goldstar)

27. The Mac & Cheese Beer Festival heads to the Globe Theatre for the ultimate comfort food pairing. Guests will have access to complimentary samples of 60+ craft beers, live music and over a dozen chefs will offer small size portions of their signature Mac and Cheese creations for $3-$5.

28. Street Food Cinema returns this weekend with a screening of My Girl at Central Park in Glendale and E.T. at Will Rogers State Historic Park in Pacific Palisades. Select screenings are discounted via Goldstar. DISCOUNTED

29. Picture This!, L.A.’s only live animated comedy show, is back with another free show at The Virgil in East Hollywood. During this show, see standup comics perform as talented animators, cartoonists and artists draw them live. FREE

30. Celebrate the glories of Los Angeles art with Made in L.A. at the Hammer in Westwood. On view now till September 2, 2018. FREE

31. Cinespia is back for its 17th summer season, at the Hollywood Forever Cemetery for screenings of films modern, cult, and classic. This Saturday they’ll screen Austin Powers International Man.

32. Outdoor theater Will Geer’s Theatricum Botanicum, located in Topanga Canyon summer 2018 season begins on June 2 with a performance of Shakespeare’s Coriolanus.

33. There’s no better place to explore the history of our city than inside Becoming Los Angelesthe Natural History Museum’s newly revamped (and just reopened) exhibit that details the culture, events, geography, movements, art, and diverse peoples that have shaped the city of angels.

Sunday July 8th, 2018

34. Take a free dance lesson with famed dance veteran Debbie Allen every second Sunday of every month now through August at The Wallis in Beverly Hills. This month she will lead a salsa class. FREE

35. There’s a free Union Station Art & Architecture Tour this Sunday. Led by Metro Art Los Angeles Docents the tour will help guest discover art works, architecture and spaces not generally open to the public. Tour begins at the information booth inside the Alameda Street entrance and no reservations required. FREE

36. Silver Lake’s female-driven wine shop, Vinovore, is teaming up with non-profit animal rescue organization, MaeDay Rescue, to host a pop-up dog adoption event. Hangout with furry friends and enjoy donation based wine tastings poured by certified sommelier and owner Coly Den Haan.

37. Check out the Rose Bowl Flea Market — one of the most beloved markets of its type this Sunday.Taking place at the Rose Bowl on the second Sunday of each month, the flea market features a staggering 2500-plus vendors and 20,000 shoppers.

38. E.P. & L.P. in West Hollywood continues their stylish cinema series Melrose Rooftop Theatre with a screening of The Greatest Showman.

39. Shakespeare’s most magical play, A Midsummer Night’s Dream returns to the Will Geer Theatricum Botanicum in Topanga Canyon for 12 performances throughout the summer, from June 3-September 3.

40. The exhibit “Satoyama: Evolving with the Forest” celebrates epicurean ecology through a collaboration between Michelin-starred chef and Japanese cooking pioneer Chef Yoshihiro Narisawa and leading food photographer, Sergio Coimbra. The food photography exhibition will feature many interactive moments including educational workshops throughout the till July 29, 2018.

41. Free museum daysMuseum of Latin American Art and Craft and Folk Art Museum (pay what you can)

Fun Things To Do This July In Los Angeles

Need stuff to do this month in Los Angeles? We looked ahead on our calendar to focus in on some of the best events happening in July around Los Angeles that you should probably have on your radar. After all, better to get your tickets now than wait till the last minute and find out your favorite event is sold out.

July 2018 event highlights include Old Pasadena Summer Cinema, Anime Expo, the 38th Annual Lotus Festival, a Live Score Festival, Reggae on the Mountain, Delicious Little Tokyo, BeatyCon, Outfest, and LOTS more.

Enjoy!

1. KCRW’s Summer Nights (throughout July)

KCRW’s Summer Nights free event series returned for 2018 in June, but July takes it up a level, including separate performances by Still Woozy, Kauf, and Cut Chemist at The Hammer plus Chinatown Summer Nights on July 28. More information

2. 4th of July in Los Angeles (July 4)

Need plans for the 4th? We’ve put together a handy round-up of Independence Day activities in L.A., including Americafest at the Rose Bowl, a 4th of July Block Party at Grand Park, the Queen Mary’s All-American Fourth of July Celebration, and more. -> More information

 3. Old Pasadena Summer Cinema (starting July 5)

Old Pasadena Summer Cinema will offer 17 free movie screenings from July 5 t0 28 at a variety of indoor and outdoor locations throughout the Old Town Pasadena area, including a set of four travel-related films to screen at Distant Lands Bookstore, nine outdoor screenings at the courtyard of One Colorado, and three special theme nights at Central Park. -> More information

4. Anime Expo (July 5-8)

This marquee four-day expo will feature panels, Q&A’s, workshops, plus video rooms and autograph stations with some of the best manga creators and voice actors in the industry. -> More information

5. Snoop Dogg, Ice Cube & More: ‘Summertime in the LBC’ at The Queen Mary (July 7)

Summertime in the LBC comes to the Queen Mary in Long Beach on July 7 for a one-day music festival showcasing many of your favorite hip-hop artists, including Snoop Dogg, Ice Cube, The Game and many more artists. -> More information

6. The 2018 Salsa Festival at Pershing Square (July 7-8)

The 3rd annual Los Angeles Salsa Festival returns to Pershing Square for a fun-filled cultural event honoring salsa. Guests can expect plenty of dancing opportunities plus multiple food vendors and a beer and margarita bar. -> More information

7. Dirtybird BBQ 2018: Los Angeles at the Coliseum (July 8)

Dirtybird BBQ 2018: Los Angeles comes to the Los Angeles Memorial Coliseum Plaza on July 8 for great food and music on a summer day, headlined by DJ Claude VonStroke. -> More information

8. Movie Nights at Tropicana Bar (starting July 10)

The Hollywood Roosevelt hotel will throw Angelenos a movie night series every Tuesday night from 8 to 11 p.m. from June till September 3 by the David Hockney painted Tropicana Pool. ​ -> More information

9. The South Bay Greek Festival (July 13-15)

The South Bay Greek Festival, at St. Katherine’s Greek Orthodox Church in Redondo Beach, offers Greek food (spanakopita, lamb chops, baklava), and dancing. -> More information

10. Union Station 2nd Annual Summer Train Festival (July 14)

Union Station in DTLA is hosting their second annual Summer Train Fest on July 14. Fun for all ages, guests can tour vintage train cars, enjoy 360° virtual reality stations, shop local vendors, grab a bite at popular food trucks, dance to live music and much more. -> More information

11. 38th Louts Festival at Echo Park Lake (July 14-15)

The 38th annual Lotus Festival will be a two-day event featuring live entertainment, arts and crafts, a boat race, an asian food court, dragon boat races and of course and plenty of opportunities to enjoy the blooming flowers on the lake. -> More information

12. Reggae On The Mountain 2018 (July 14-15)

The 9th Annual Reggae On The Mountain returns to Topanga Canyon’s Topanga Community Center on July 14-15 for two jam-packed, fun-filled days of roots reggae from Toots and The Maytals, Derrick Morgan, The Lions, Pato Banton and more. -> More information

13. Beautycon Festival at the Los Angeles Convention Center (July 14-15)

Get your lipsticks ready, Beautycon Festival returns to the Los Angeles Convention Center July 14-15 for a two-day beauty convention with Kim Kardashian West and many other personalities. -> More information

 14. Swingin’ Summer Dance Series Returns to The Wiltern (July 15)

For three nights in July, August and September, The Wiltern hosts Swingin’ Summer, a series of vintage-style evenings with swing dance lessons, drinks, and dancing to live music. -> More information

15. Outfest Under the Stars at the Ford Theatres (July 18-21)

Outfest Under the Stars. four nights of LGBTQ films at Hollywood”s Ford Theatres, will show Bad Reputation, Wild Nights with Emily and more. -> More information

16. Jaws in Concert at the Hollywood Bowl (July 20-21)

As part of their summer line-up, the Hollywood Bowl is hosting a rendition of the thrilling cult classic Jaws for two nights on July 20 and 21. Tickets start at $14. -> More information

17. Delicious Little Tokyo 2018 (July 20-21)

For two days, enjoy delicious servings of food and drink crafted from the streets of Little Tokyo, including a chance to sample more than 50 types of sake. -> More information

18. Big Sing California at The Walt Disney Concert Hall (July 21)

Come sing during Big Sing California, a choral concert broadcast across the state along with choirs from San Francisco and more during a simultaneous performance. -> More information

19. 5th Annual Los Angeles Live Score Film Festival (July 21)

Composers and filmmakers create scores to be performed live at the 5th annual Los Angeles Live Score Film Festival at Barnsdall Art Park’s Gallery Theatre. -> More information

20. PLAYDATE 2018 at Kidspace Children’s Museum (July 21)

Enjoy a night out for a good cause! On July 21, head to Playdate 2018 for an after-hours adult night out that supports the Kidspace Children’s Museum, a non-profit organization. -> More information

21. The Skirball Museum Presents Happy Anniversary, Fraggle Rockers (July 24)

Jim Henson’s Fraggle Rock is celebrating thirty-five years with a party at The Skirball Cultural Center on July 24. Join famed puppeteers for a discussion about the series with a few other puppet surprises. -> More information

22. 10th Annual Taste of Farmers Market at 3rd & Fairfax (July 24)

The 10th Annual Taste of Farmers Market comes to 3rd Street and Fairfax featuring an evening of bites from over 50 of the Market’s top-rated restaurants, grocers and eateries. Tickets includes food sampling, firehouse chili tastes prepared by firefighter chefs, beer and wine samples, two non-alcoholic drinks and free parking. -> More information

23. Sunset Concerts at the Skirball (starting July 26)

Skirball’s annual Sunset Concert Series features six Thursday night concerts with eclectic and inspiring artists from July 26 to August 30. This year’s lineup kicks off with Goapele on July 26. -> More information

24. Uncorked: LA 90+ Wine Festival at Barker Hangar in Santa Monica (July 27)

Uncorked: LA 90+ Wine Festival comes to Barker Hangar in Santa Monica featuring a curated selection of over 100 wines rated 90 points and higher from all over the world. -> More information

25. L.A. Rare and Wild Beer Fest in Santa Monica (July 28)

Billed as a beer connoisseur’s one-stop celebration, the L.A. Rare and Wild Beer Fest is coming to Barker Hangar for an evening of unlimited beer tastings! -> More information

26. Summer Happenings at The Broad (continues July 28)

Summer Happenings at The Broad is a series of late-night events featuring music, performance and art held on the last Saturday night from June through September. The July 28 edition will be inspired by German artist Joseph Beuys with performances by faUSt and Baltimore duo Matmos.

Article courtesy of We Like LA.

Rodeo Realty's Sunset agent Robert Erickson lists home of celebrity tailor Ella Korchevsky

The home of Ella Korchevsky, tailor to the stars since 1996, is on the market for $6.499 million. Robert Erickson of Rodeo Realty Sunset lists the residence, which is featured in DIGS Magazine.

Situated on Mt. Olympus the home comes with amazing views of the canyon, ocean, and the city. Built in 2007, the two-story property has an impressive grand foyer, a living area with a regal fireplace, a formal dining room with plenty of space for dinner parties, a chef’s kitchen, a game room, and a media room with a bar and a pool table.

“The owners paid exquisite attention to detail when building their dream home,” said Erickson to DIGS Magazine. “They wanted the feel of an Italian villa, with breathtaking views of the city and beyond. I say they more than accomplished that.”

Upstairs, there’s a master suite with a fireplace, a hotel-like spa bath, double vanities, a separate steam shower, two walk-in closets along with two private balconies. Outdoors, there’s a patio and pool.

To read the DIGS Magazine feature on this property, click HERE to read pg. 78.

Free Film Screenings In July at Old Pasadena Summer Cinema

What’s the perfect way to spend a summer evening in SoCal? Picture this: You’re chilling with friends and family, enjoying the perfect weather, and catching a flick in the heart of one of L.A.’s most vibrant neighborhoods. Sound like your jam? Then Old Pasadena Summer Cinema needs to be on your summer to-do list.

Starting on July 5, Old Pasadena Summer Cinema returns with a lineup of 17 films screened over 24 days at four unique Old Pasadena locations. And the best part? Each screening event is FREE and open to the public!

Central Park takes center stage on three select nights when screenings will be accompanied by DJ sets, free family activities, costume contests, themed-giveaways, and special treats tailored just for each night’s film: Pee-wee’s Big Adventure on July 7, Mars Attacks! on July 14, and The Muppet Movie on July 28.

One Colorado is another open-air option, with films projected in a charming courtyard just off Colorado Blvd. The lineup of films at this venue includes family friendly features like Back to the FutureThe Incredibles, and The Princess Bride, plus recent favorites La La Land and Wonder Woman, along with the noir classic Sunset Boulevard. Seating is provided at One Colorado, but be sure to arrive early to secure your spot!

Two Old Pasadena businesses will also host screenings inside their spaces on select evenings throughout the month. Distant Lands Travel Bookstore will show a travel-related film every Friday in July including DeparturesOne WeekIn Bruges, and How Much Further. Meanwhile CTRL Collective hosts its first-ever Old Pasadena Summer Cinema films on July 5 and July 19 with presentations of the Farrelly Brothers’ Something About Mary and John Krasinski’s A Quiet Place. Please keep in mind for both screenings at CTRL Collective seating will be limited and therefore not guaranteed.

Scroll down for the complete list of dates, locations, and films. For details on each evening’s events, including special activities at Central Park, be sure to go to https://www.oldpasadena.org/summercinema

Old Pasadena Summer Cinema 2018 Schedule

There’s Something About Mary
CTRL Collective, 45 S. Arroyo Pkwy
Thursday, July 5, 2018 8:00pm–10:00pm

Departures
Distant Lands, 20 S. Raymond Avenue
Friday, July 6, 2018 8:00pm–10:15pm

Sunset Boulevard
One Colorado, 41 Hugus Alley
Friday, July 6, 2018 8:30pm–10:30pm

La La Land
One Colorado, 41 Hugus Alley
Saturday, July 7, 2018 8:30pm–10:45pm

Pee-wee’s Big Adventure
Central Park, 141 S. Raymond Avenue
Saturday, July 7, 2018 6:30pm–10:00pm

One Week
Distant Lands, 20 S. Raymond Avenue
Friday, July 13, 2018 8:00pm–10:00pm

Back to the Future
One Colorado, 41 Hugus Alley
Friday, July 13, 2018 8:30pm–10:30pm

Star Wars Episode VII
One Colorado, 41 Hugus Alley
Saturday, July 14, 2018 8:30pm–10:45pm

Mars Attacks!
Central Park, 141 S. Raymond Avenue
Saturday, July 14, 2018 6:30pm–10:15pm

A Quiet Place
CTRL Collective, 45 S. Arroyo Pkwy
Thursday, July 19, 2018 8:00pm–9:30pm

In Bruges
Distant Lands, 20 S. Raymond Avenue
Friday, July 20, 2018 8:00pm–10:00pm

The Incredibles
One Colorado, 41 Hugus Alley
Friday, July 20, 2018 8:30pm–10:30pm

Wonder Woman
One Colorado, 41 Hugus Alley
Saturday, July 21, 2018 8:30pm–11:00pm

How Much Further
Distant Lands, 20 S. Raymond Avenue
Friday, July 27, 2018 8:00pm–9:30pm

500 Days of Summer
One Colorado, 41 Hugus Alley
Friday, July 27, 2018 8:30pm–10:00pm

The Princess Bride
One Colorado, 41 Hugus Alley
Saturday, July 28, 2018 8:30pm–10:00pm

The Muppet Movie
Central Park, 141 S. Raymond Avenue
Saturday, July 28, 2018 6:30pm–10:00pm

Schedule provided by We Like LA

Economic update for the week ending June 30, 2018

Stocks decline for third straight week – Global markets declined again this week as fears of a global trade war weighed on investors. The Dow Jones Industrial Average closed the week at 24,271.41, down from 24,580.49 last week. It is down 1.8% year-to-date. The S&P 500 closed the week at 2,718.37, down from 2,764.88. It’s up 1.7% year-to-date. The NASDAQ closed the week at 7,510.30, down from 7,692.82 last week. It’s up 8.8% year-to-date.

Treasury Bond Yields lower this week – The 10 year treasury bond closed the week yielding 2.85%, down from 2.90% last week. The 30-year treasury bond yield ended the week at 2.89%, down from 3.04% last week. We watch bond rates because mortgage rates follow bond rates.

Mortgage Rates stable this week –  The June 28, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.55%, down from 4.57% last week. The 15-year fixed was 4.04%, unchanged from 4.04% last week. The 5-year ARM was 3.87%, up from 3.83% last week.

Nationwide home sales fall 0.4% in May as prices continue to increase – Extremely low inventories of homes for sale were blamed by The National Association of Realtors for a 0.4% month-over-month decrease in the number of existing homes sold in May. The number of existing home sales in 2018 up to the end of May are 3% below the first five months of 2017. Prices have continued to rise. The median price paid for a home in May increased 4.9% from May 2017. Its 75th consecutively month of year-over-year increases.

Have a great weekend!

Syd

Economic update for the week ending June 30, 2018

Stocks decline for third straight week – Global markets declined again this week as fears of a global trade war weighed on investors. The Dow Jones Industrial Average closed the week at 24,271.41, down from 24,580.49 last week. It is down 1.8% year-to-date. The S&P 500 closed the week at 2,718.37, down from 2,764.88. It’s up 1.7% year-to-date. The NASDAQ closed the week at 7,510.30, down from 7,692.82 last week. It’s up 8.8% year-to-date.

Treasury Bond Yields lower this week – The 10 year treasury bond closed the week yielding 2.85%, down from 2.90% last week. The 30-year treasury bond yield ended the week at 2.89%, down from 3.04% last week. We watch bond rates because mortgage rates follow bond rates.

Mortgage Rates stable this week –  The June 28, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.55%, down from 4.57% last week. The 15-year fixed was 4.04%, unchanged from 4.04% last week. The 5-year ARM was 3.87%, up from 3.83% last week.

Nationwide home sales fall 0.4% in May as prices continue to increase – Extremely low inventories of homes for sale were blamed by The National Association of Realtors for a 0.4% month-over-month decrease in the number of existing homes sold in May. The number of existing home sales in 2018 up to the end of May are 3% below the first five months of 2017. Prices have continued to rise. The median price paid for a home in May increased 4.9% from May 2017. Its 75th consecutively month of year-over-year increases.

Have a great weekend!

Syd

Rodeo Realty ranks #30 on Swanepoel Mega 1000 Brokerage List

T3 Sixty is the leading management consultancy and research company dedicated to the residential real estate brokerage industry.

The company, who has published the Swanepoel Trends Report for the past 13 years and the Swanepoel Power 200 for the past six years, has produced a new report, the Swanepoel Mega 1000—the annual analysis and ranking of real estate brokerages, franchisors and holding companies.

Recognized as one of the top 1000 for the U.S. residential real estate brokerage industry as of December 31, 2017 is Rodeo Realty.

Sorted by sales volume, out of 1000 brokerages recognized, Rodeo Realty is ranked #30.

According to the list, Rodeo Realty’s 2017 Sales Volume was $5,209 million. The 2017 Transaction sides: 5,648.

How was the list created?

According to T3 Sixty, in order to create the list, the company contacted approximately 2,500 of the largest brokerages, franchisors and holding companies in the U.S. More than 9,000 data points were collected and analyzed—with approximately 1,100 hours invested.

To view all rankings, click HERE.