Rodeo Realty’s President Syd Leibovitch featured on Luxury Real Estate website

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Rodeo Realty’s President Syd Leibovitch is being featured on the premiere luxury homes search site, LuxuryRealEstate.com. The site is known for providing access to fine international estates and property listings.

Leibovitch is a featured professional on the main page of the site. The recognized website lists his certificates and also gives a description about him.

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“He is a popular expert witness and reliable source consulted by the media for his expertise as a qualified leader in the real estate and mortgage industries,” said the Who’s Who in Luxury Real Estate brand.

The site also featured four other professionals alongside Leibovitch.

To view Leibovitch’s profile, click HERE

To visit LuxuryRealEstate.com, click HERE

Rodeo Realty's Nanette Marchand lists Catherine Oxenberg and Casper Van Dien's Malibu home

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Dynasty actress Catherine Oxenberg and Starship Troopers star Casper Van Dien have listed their Malibu home. The Mediterranean gated country villa is listed at $2,995,000. Nanette Marchand of Rodeo Realty Beverly Hills is one of the listing agents to the property. Her listing has been featured on The Real Deal LA, Los Angeles Times and Who’s Who in Luxury Real Estate.

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The 3,701 sq. ft. home is nestled in the hills of Malibu just past Trancas Canyon and directly across from Broad Beach. The home has 4 bedrooms on the main level and a luxurious master retreat upstairs. The main living room greets you to reclaimed douglas fir hardwood floors, flawless Venetian plaster and vaulted ceilings. Each room opens via French doors to its own garden. The villa comes with a salt-water pool, an ocean view and is situated on an acre of rolling green lawns, koi ponds, fountains and tranquil quiet places.

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Catherine was born in NYC, raised in London, admitted to Harvard University, and transferred to Columbia.

It was fitting that the award-winning actress began her career in 1982, portraying Diana, Princess of Wales, in the biographical film The Royal Romance of Charles and Diana. Her mother is Princess Elizabeth of Yugoslavia and she is a direct descendant of Empress Catherine the Great of Russia. Her regal bearing made her the perfect choice to play Amanda Carrington on the hit TV series Dynasty.

Oxenberg, venturing into the unscripted world, satirized her princess image by showing a humorous, behind-the-scenes portrait of her life as a wife and mother of 5, on Lifetime’s I Married a Princess reality series.

Her most recent endeavors are inspired by her research in the realm of conscious sexuality and her passion to combat sexual illiteracy – http://catherineoxenberg.me http://thebodyofbliss.com http://sexology.com

Van Dien’s breakthrough role was as the lead in Paul Verhoeven’s 1997 sci-fi film Starship Troopers. He was also in Tim Burton’s critically acclaimed film Sleepy Hollow as Brom Bones. He was the 20th Tarzan and the only one to ever film in Africa and ride an African elephant in the Warner Bros. 1998 film Tarzan and the Lost City.

His most recent victory has been behind the camera as a Director. He has directed three films in which he also starred. His second film Patient Killer won best film and best director awards and was bought and aired on Lifetime.

For the Los Angeles Times article, click HERE

For The Real Deal LA story, click HERE

For the Who’s Who in Luxury Real Estate press, click HERE

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Rodeo Realty's Beverly Hills agent Ben Bacal spotlighted by Inman for his "cinema immobilier"

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Inman News kicked-off its Monday by featuring Rodeo Realty’s Ben Bacal. The Beverly Hills agent is being highlighted for his narrative-style listing videos.

“…Bacal is not so much setting a standard as much as he’s creating a new genre,” said Inman.

Writer Britt Chester is calling the new genre “cinéma immobilier.”

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Inman

“He’s trying to get the right eyes on his properties and it’s working,” said Chester. “His stunning footage from a Hillcrest Road property captured the interest of a foreign buyer who ended up purchasing the property.”

Inman recognizes Bacal for his success in using social media to spread the word for his properties, but it’s his next idea that is drawing even more attention—an app called RoofShoot.

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According to the article, the app allows agents to quickly upload personal videos for homebuyers. Through Roofshoot, agents can streamline the editing of listing videos with narrations, voice-overs and video tours of a home.

“It’s somewhat challenging the credentials of agents who might say they are familiar with a particular neighborhood by creating a platform for agents to prove it,” said Inman.

“I always tell agents if you’re not out there door-knocking and cold-calling or in social clubs or meeting people everyday, you need to be out there shooting evergreen content that lasts forever,” Bacal tells Inman.

Roofshoot is said to currently be in the beta testing phase and it’s expected to be released sometime in June.

To read the Inman news article, click HERE

Economic update for the week ending April 23, 2016

Stocks at yearly high – DOW tops 18,000 – Stocks were up again this week. Solid corporate first quarter earnings and firming oil prices helped the markets this week. So far the first quarter earnings season is off to a solid start. 59% of firms beat revenue expectations and 82% of firms beat earns expectations. Energy stocks rebounded as well. U.S. crude oil rose from $39 a barrel last week to $43 this week. U.S. crude oil hit $27 a barrel in February, so it’s made a nice rebound which has energy companies, and people in areas with oil production feeling better about the economy. The Dow Jones industrial average has now gained 2,500 points since hitting its lows just two months ago. The Dow Jones Industrial Average closed the week at 18,003.75 up from 17,897.46 last week. The S&P 500 closed the week at 2,091.58, up from 2,080.73 last week. The NASDAQ closed Friday at 4,906.23, down from 4,938.72 last week. 

Bond yields up this week – The 10 year U.S. Treasury bond closed Friday yielding 1.89%, up from 1.76% last week. The 30 year U.S. Treasury bond closed Friday yielding 2.70%, up from 2.56% last week. Mortgage rates follow bond yields so we watch bonds carefully. Mortgage rates will be higher next week. 

Mortgage rates remain near three year low -The Freddie Mac Primary Mortgage Survey released on April 21, 2016
showed that average mortgage rates from lenders surveyed for the most popular products were as follows: The 30 year fixed average rate was 3.59%. The 15 year fixed average rate was 2.85%. The 5/1 ARM average rate was 2.81%. Rates rose at the end of the week. They will be a little higher on next week’s survey.

California existing home sales and prices post best pace in six months – The California Association of Realtors reported that existing home sales totaled 415,220 in March on a seasonally adjusted annualized rate, up 5.5% from February, and 5.7% higher than last March. The statewide median price was $483,280, up 8.9% from February and up 4% from March 2015. 

U.S home existing home sales show strong spring buying season has begun – The National Association of Realtors announced that existing home sales reported from member associations around the nation revealed that home sales in March were up 5.1% from February. 

California unemployment rate drops in March – The state’s unemployment rate dropped from 5.5% in February to 5.4% in March. It has dropped 6.8% since its peak of 12.2% in February 2010. 

Have a great weekend! 


Syd



Rodeo Realty ranks 22 in the nation on Wall Street Journal/REAL Trends 500 list

The results are in from the annual Real Trends 500 survey, which ranks the 500 largest residential real estate brokerage firms in the U.S.

The survey results are a combination of independents and franchises. Rodeo Realty ranks #22 nationwide for closed sales volume in calendar year 2015.

To view the entire 500 list, click HERE

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Los Angeles Times mentions Rodeo Realty's Ben Bacal and Deanna Smith for selling one of the most expensive homes from March 20 – April 2

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In an article this weekend, the Los Angeles Times featured the most expensive homes sold in the last two weeks in Los Angeles.

The newspaper believes the recent transactions in the Bird Street area may signal a takeoff for higher-end homes.

One home featured is 9212 Nightingale Drive. The Doheny Estate, listed by Rodeo Realty agents Ben Bacal and Deanna Smith, was sold for $13.2 million recently. The 5,000-square-foot home on more than half an acre features an open floor plan with beamed ceilings, slate floors and two master suites. Five bedrooms, seven baths, a living and dining room and a chef’s kitchen are all within the house.

Outside, the single-story home has a large entertainer’s patio and an infinity-edge swimming pool.

According to the Los Angeles Times, the property was marketed by Bacal as the site for a 12,000-square-foot home that, when developed, could garner as much as $70 million.

The Hollywood Hills West home was one of four homes featured in the article. To read the entire story, click HERE

Rodeo Realty’s Beverly Hills agent Josh Flagg fronts the cover of The Four Hundred

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The Fourhundred has unveiled its newest Residence issue for this month, which features Rodeo Realty agent Josh Flagg.

The monthly culture and lifestyle magazine believes the empowerment of the youthful, being through media platforms, is what centrally drives society and they consider the Beverly Hills agent a foolproof example.

“Having taken a job that was not considered a media worthy career, at the time, and developing it into a television series, with Flagg in the limelight, we were able to watch the development of his influential capabilities,” said the article.

The Fourhundred mentions Flagg’s continual real estate and TV growth and how that, along with his personal persuasive abilities, are displayed through various media platforms.

“Social media is a crucial marketing tool,” Flagg tells The Fourhundred. “If you’re not doing it, you’re doing something wrong.”

Aside from mentioning his social media presence, the magazine also spoke about Flagg’s luxurious and elegant lifestyle, his collection for rare automobiles and his love for fine art.

“His eye for architecture, home design and fashion united with his professional attitude makes him an ideal broker that fully embodies the affluent real estate lifestyle,” said the article.

The newest issue, which features Flagg, is available on iTunes App Store. To download the app and read the entire article, click HERE

Economic update for the week ending April 16, 2016

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Stocks up for the week – Stocks rallied on better than expected Chinese trade data which indicated that the China’s economy may not be hitting the “hard landing” investors has feared.  At the same time U.S. manufacturing output unexpectedly dropped in March, as factory output dropped 0.3% in March. This held back the gains. The Dow Jones Industrial Average closed the week at 17,897.46, up from 17,576.96 last week. The S&P 500 closed the week at 2,080.73, up from 2,047.60 last week. The NASDAQ closed Friday at 4,938.72, up from 4,850.69 last week.

Bond yields lower for the week – The 10 year U.S. Treasury bond closed Friday yielding 1.76%, almost unchanged from 1.72% last week. The 30 year U.S. Treasury bond closed Friday yielding 2.56%, unchanged from 2.55% last week. Mortgage rates follow bond yields so we watch bonds carefully. 

Mortgage rates remain near three year low -The Freddie Mac Primary Mortgage Survey released on April 7, 2016 showed that average mortgage rates from lenders surveyed for the most popular products were as follows: The 30 year fixed average rate was 3.58%. The 15 year fixed average rate was 2.86%. The 5/1 ARM average rate was 2.84%.

Have. Great weekend!

Syd

Rodeo Realty's Calabasas agent Desiree Zuckerman speaks at NAHREP event

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On Wednesday, The National Association of Hispanic Real Estate Professionals San Fernando held an event that featured women who are making a difference in the real estate industry.

One of the featured guest speakers was Desiree Zuckerman of Rodeo Realty. The Calabasas agent was one of four women chosen to speak at the event.

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With more than 20 years in the real estate industry, NAHREP San Fernando believes Zuckerman is a great example of a woman who has worked endless hours and has never given up on her goals.

‘Empowering Women in Real Estate’ was held at the Sheraton Universal Studios. During the event, Zuckerman shared her stories and her journey as a real estate agent. According to the association, this event was put together to help others become the ‘empowered women they were destined to be.’

Below is a video of NAHREP San Fernando President Roy Cabrera speaking about the event and the guest speakers.

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Rodeo Realty's Encino agent Amy Klein sells Hollywood Hills home to Teen Mom star Farrah Abraham

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Farrah Abraham has officially moved to Los Angeles. Rodeo Realty’s Encino agent Amy Klein was the listing agent to the home. The Teen Mom OG star just bought an $845,000 townhouse in Hollywood Hills.

The 24-year-old told PEOPLE at the 2016 MTV Movie Awards on Saturday that she and her daughter Sophia were moving to Los Angeles Monday, something she had mentioned in the Teen Mom OG season finale.

The $845,000 Hollywood Hills townhouse has 4 bedrooms, 4 bathrooms, a den, a loft and a 3-car attached garage. The 2,707 sq. ft. home is part of a two-unit complex built in 2011. She will be located centrally to the studios and an easy hop to Hollywood, Universal Studios, West Hollywood, Beverly Hills, Burbank or Studio City— the center of LA entertainment universe.

Her new purchase has made news in the Los Angeles Times, TMZ and even British tabloid Daily Mail.com.

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Abraham was spotted in March looking at the property with an MTV camera crew and her off-again, on-again boyfriend Simon Saran. Star Magazine published the news March 2 and showed photos of the couple house hunting.

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According to Klein—Saran, who is a licensed real estate agent, arranged for the original showing of the home and was always with Farrah anytime she visited the property.

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Amy Klein of Rodeo Realty represented the seller. Abraham was represented by another realtor.

To read the LA Times article, click HERE

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TMZ article, click HERE

FARRAH ABRAHAM buys Holltwood townhouse Amy Klein, Rodeo Realty

For the Daily Mail story, click HERE

View photos of the property below.

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