Click the image below to view our SFV and Ventura County Rodeo Realty weekly newsletter Oct. 29th-Nov. 4th!!!!
This week at Rodeo Realty: SFV and Ventura County Newsletter Oct. 29th-Nov.4th
Weekend Events:Nov. 2nd-4th
With all the hustle and bustle of our weekday routine we bring you a curated list of the weekends top activities happening throughout the city of stars.
Okay, so haunting season is officially over and now begins the most frightening time of the year. Thanksgiving with your in-laws is around the corner!!!!(Insert Jaws Theme song). Just kidding. But it is still a month of daunting task from choosing to cook your turkey or order in(thank you Whole Foods) and all the home prep in between. Even with this task at hand, you should take some time to explore your neck of the woods. Check out our event round up for the most #thankful time of the year and…..
Discover your inner Angeleno!
Limited engagements taking place this Nov. 2nd-4th
Friday Nov. 2nd
First Fridays-Long Beach
Long Beach’s First Fridays returns this fall with one goal: to bring you the best in local artists and musicians all in one night. Every first Friday of the month, participating Bixby Knolls businesses will come together to promote local artists and musicians with extended operating hours. In offering this monthly gathering they hope tp encourage a dialogue between businesses, artists and the community. Click here for more information.
First Fridays-Abbott Kinney
With the same vision in mind as the Long Beach edition, Abbott Kinney’s First Friday aims to unite the best of the best in art, music, and products in the Venice hotspot area. The trendy thoroughfare of AK runs diagonally through Venice. With local charities benefiting as art junkies and the neighborhood patrons descending upon the always funky beach community, its sure to be an ideal evening. Oh, and theres adult beverages too! Click here for more information.
Jerry Seinfeld Live at the Pantages Theatre
The famed comedian, producer, and household name-Jerry Seinfeld-descends upon the Pantages Theatre this weekend only. With his return to the Pantages stage, is his signature stand-up routine along with new quips and jabs one could expect from the legendary comedian. His latest projects include the Emmy nominated web series, Comedians in Cars Getting Coffee, and his Netflix special Jerry Before Seinfeld. Seinfeld continues to perform both nationally and internationally. Click here for more information.
Sat Nov. 3rd
Smorgasborg at Santa Anita
Also the location of Rodeo Realty’s annual Day at the Races, Santa Anita turns into a “Smorgasburg Meltdown” this Saturday only. The foodie favorite event returns with all things cheesy, offering the best in food vendors and fun that Santa Anita has to offer. Don’t miss out on this showcase of ooey-gooey goodness while you enjoy your own Day at the Races! Various packages available, click here for more details. Click here for more information.
Grand Ave. Arts All Access
This diverse program of family friendly fun returns for its 4th annual, one-day only free community event. The Grand Ave Arts: All Access is a showcase of activities, interactive workshops and tours highlighting the world class arts and cultural programs of DTLA. Established to celebrate their commitment to the cultural landscape of LA, is a range of events. All the while showcasing the world-class architecture and programming that define the Grand Avenue corridor and LA’s cultural center. From The Broad to LA Phil, don’t miss out on this day of artful entertainment. Click here for more information.
Dan Guerrero Artist & Icons Event
The City of West Hollywood Arts Division presents the return of their Artists & Icons session: A Conversation with Dan Guerrero. The Artists, Educator and Activists sits down for a Q & A moderated by Tony Estrada. Dan Guerrero-and award winning producer of diverse programming for network and cable Television has been part of the West Hollywood community since 1982. The eclectic artists brings his worldly experiences to this one-time sit down put on by the West Hollywood Chamber of commerce. Click here for more information.
Sun Nov. 4th
10th Annual Malibu Half Marathon
The Malibu 5k and Half Marathon returns to the beach city this Saturday and Sunday. A phenomenal beach course that starts and ends at Zuma Beach in Malibu brings together nearly 4000 patrons. Saturday event will feature a Health & Fitness expo while Sunday will kick-off the storied run down PCH(horrible traffic not included). Along the way, participants will see some of Californias most scenic views and stunning homes. The Boys and Girls Clubs of Malibu are the beneficiary’s of the weekend event aiming to significantly enhance the lives of Malibu youth through new programming. Click here for more information.
Griffith Harvest Festival
There is no better way to celebrate autumn then at L.A’s ;argued urban park! The Griffith Harvest festival will play host to a slew of live music, local craft beers and a Kid Zone. The entire event is presented by the Los Angeles Parks Foundation and City of L.A. Department of Recreation and Parks. Sure to be fun for the entire family, don’t miss this fall fest in L.A.’s most famed park location. Click here for more information.
Bowies Piano Man-San Pedro
Presented by Able ARTS Work is Bowie’s Piano Man + Symphonic Suite for Healing 2. The inaugural benefit concert will feature world renowned pianist Mike Garson and some of his newest work while also highlighting the artistry of David Bowie and his belief in betterment for mankind. The first alf of the matinee will showcase work by Garson from his newest Symphonic suite, with the second half featuring hits by Bowie like “Life on Mars”, Five Years”, and Garson and Bowies most famous collaboration “Aladdin Sane. . Garson will be join don stage by world-class musicians like Gaby Moreno, Denny Seiwell and Brett Hook to name a few. Click here for more information.
Tales of Halloween at Rodeo Realty
“From my laboratory in the castle east, To the master bedroom where the vampires feast, The ghouls all came from their humble abodes, To get a jolt from my electrodes, They did the mash, They did the monster mash.”
Once upon a time on Canon Drive…
Rodeo Realty Beverly Hills held their own Monster Mash for All Hallows Eve yesterday.
Donned in their most ghoulish attire all came out to a friendly office feast where agents turned witches and ghosts mingled with tennis stars and aristocrates alike.
Their Branch Manager John Gould was nowhere to be seen but a curious Captain Hook had assumed his place. How strange that they appeared to be the same at a glance.
Wandering the halls of the office abode, what a site to see was Phantom”James Richmond”of the Opera arising from his lair, mingling with Groovy”Barabra Stover”Gal and Red”Heather Witt”Riding Hood.
As the middy fete came to a close Marie”Suzette Kitselman” Antonette descended upon affair. Before the revelers could return to their crypt, the pumpkin throne must be claimed.
With Captain “John Gould” Hook having the declared thrice the worthy guest, it twas Mario and Luigi at 3rd rank with the Wicked Witch of the West as a second hand. And who do you ask would assume the thrown? Well of course none other than the Royal herself. HRH Marie”Suzette Kitselman” Antonette.
Economic update for the week ending October 27, 2018
Stocks suffer a turbulent week:
A positive GDP report showing that the economy grew at 3.5% in the third quarter, inflation was tame, and consumer spending was up, could not keep the markets from continuing to slide. This week. third quarter profits were reported that were below expectations. Those were mostly in the technology sector. Even Amazon did not hit their numbers. On the other hand, some companies like Ford and Tesla exceeded expectations. All in all, fears in the technology sector hit the NASDAQ hard. It lost 3.8% for the week and is now up just 3.8% for the year after being up 20% for the year just one month ago. The Dow and S&P also got hit hard down 3% and 3.9% respectively for the week. The Dow Jones Industrial Average closed the week at 24,688.31, down from 25,444.34 last week. It is down 0.1% year-to-date. The S&P 500 closed the week at 2,658.69, down from 2,767.78 last week. It’s down 0.6% year-to-date. The NASDAQ closed the week at 7,167.21, down from 7,449.03 last week. It’s up 3.8% year-to-date.
Treasury Bond Yields lower this week:
The 10-year Treasury bond closed the week yielding 3.08%, down from 3.20% last week. The 30-year Treasury bond yield ended the week at 3.32%, down from 3.38% last week. We watch treasury bond yields because mortgage rates follow bond yields.
Mortgage rates almost unchanged this week:
The October 25, 2018 Freddie Mac Primary Mortgage Survey reported that the 30-year fixed mortgage rate average was 4.86%, almost unchanged from 4.85% last week. The 15-year fixed was 4.29%, slightly up from 4.26% last week. The 5-year ARM was 4.14%, up from 4.10% last week.
GDP up 3.5% in third quarter:
The U.S. Bureau of Economic Analysis announced that the first reading of the nation’s gross domestic product (GDP) rose by 3.5% in the third quarter of 2018. That beat expectations of a 3.4% rise, but was well below the 4.2% increase registered in the second quarter of 2018. The report also said that The PCE price index, a key indicator of inflation, rose at a 1.6% annual rate in the quarter. That was well below the 2.2% annual increase analysts forecasted. Consumer spending, which accounts for about two thirds of the U.S. economy, grew by 4% in the third quarter. That marked the largest increase since the fourth quarter of 2014.
September Nationwide Existing Home Sales:
Data released this week from The National Association of Realtors showed that total existing home sales fell again in September. The number of existing homes sold in September fell 3.4% from August, and are down 4.1% from one year ago. The median price paid for a home in the U.S. was up 4.2% from last September. That marked the 79th straight month of year over increases. The unsold inventory index is at a 4.4 month supply, up slightly from a 4.2 month supply one year ago.
September California Existing Home Sales:
The California Association of Realtors reported that existing single family home sales totaled 382,550 in September on a seasonally adjusted annualized rate. That was down 4.3% from August and down a staggering 12.4% from last September, when sales totaled 436,920 on a seasonally adjusted annualized rate. The median price paid for a home in California was $587,850, up 4.2% from September 2017. On a more regional level, the median price increased 4.7% in Los Angeles County, 10.6% in Ventura County, and 3.3% in Orange County from one year ago. Inventory levels continued to rise after hitting historic lows in 2017. The unsold inventory index in California stood at a 4.2 month supply in September, up from a 3.3 month supply in September 2017. Inventory levels have now increased for 6 straight months and are up 20.4% from one year ago. Listings are at the highest level in 31 months. Los Angeles County has a 4.4 month supply, up from a 3.1 month supply last September. Orange County has a 4.3 month supply, up from 3.1 months last September. Ventura County had a 6.3 month supply of homes, up from a 4.7 month supply one year ago.
Have a great weekend!
Syd
This Week at Rodeo Realty: Westside Newsletter Oct. 8th-14th
Click the image below to view our Westside Rodeo Realty weekly
newsletter Oct. 8th-14th, 2018!!
Rodeo Realty’s Beverly Hills agent George Kahwaji listing Britney Spears’ former villa
The onetime home of American singer Britney Spears is on the market for $8.95 million. George Kahwaji of Rodeo Realty Beverly Hills is the listing agent. The home, which made headlines in the Los Angeles Times, is where Spears moved to in early 2007, according to the newspaper.
Located in the prestigious guard gated Summit of Beverly Hills, the house features a chandelier-topped foyer, a vaulted-ceiling living room, a formal dining area, a chef’s kitchen, and a family room. The two-story home also includes a home theater, a master suite with a fireplace and private loggia.
Outdoors, there’s a saltwater swimming pool and spa, a fire pit, and a built-in barbecue.
Built in 2001, the home has six bedrooms and 6.5 bathrooms in all.
To read the Los Angeles Times article on this property, click HERE.
Home listed by Rodeo Realty’s Adi Livyatan purchased by Murder Inc. Records Founder Irv Gotti
Irving Lorenzo Jr., record executive, television producer, founder of Murder Inc. Records, who is best known as Irv Gotti, has bought a home in Encino for $3.636 million. Adi Livyatan of Rodeo Realty Sherman Oaks was one of the listing agents to the newly built property, which was featured in the Los Angeles Times and Variety.
Sitting behind gates on a more than a quarter-acre lot, the farmhouse inspired traditional home includes five bedrooms and 5.5 bathrooms.
The open-floor plan also includes formal living and dining areas, a two-island kitchen, a family room, an office/den, and a home theater.
Outdoors, there’s a swimming pool, spa, a waterfall feature, and a built-in barbecue.
To read the LA Times feature on this property, click HERE.
Variety’s article on this home, HERE.