January 3, 2010 |
The gig: Syd Leibovitch, 48, is owner and president of Rodeo Realty in Bel-Air, one of the largest independent realty firms in California, with 12 branch offices in Los Angeles and Ventura counties staffed by about 1,000 brokers and agents. The company sold and listed more than $2.5 billion worth of homes in 2009, according to Leibovitch, including a nine-bedroom, $15.9-million Beverly Hills villa that had a parking lot designed to hold up to 100 cars for entertaining. Leibovitch also owns and operates LA Mortgage, Progressive Title and Encore Escrow.
January 26, 2009
As lawmakers look for a way out of the recession, it's worth remembering how we got into this mess in the first place. The collapse of the housing market sucked trillions of dollars worth of real estate wealth out of the economy, starting a vicious cycle of cutbacks by consumers, lenders and businesses. But the collapse wasn't a one-time event.
June 4, 2009 |
As a homeowner, I know it's counterproductive to take delight in the real estate misfortunes of my neighbors. But massive price reductions on a house down the street from me have left a lot of us in the neighborhood gloating. A hulking McMonstrosity that's jaw-droppingly out of place among the modest bungalows that surround it, the house was clearly intended by its owner/builder to be a cash cow.
June 10, 2012
Sprawling estate with ocean vistas Location: 6264 Ocean Terrace Drive, Rancho Palos Verdes 90275 Size: Five bedrooms and 51/2 bathrooms in 5,620 square feet Published: April 10, 2011 Listed then at: $3.95 million Sold for: $3.5 million in September An old L.A. feel inside and out Location: 3138 Oakshire Drive, Los Angeles 90068 Size: Four bedrooms and 31/2 bathrooms in...
February 19, 2013
Re "Home seekers edged out in Inland market," Feb. 17 On the one hand, it is truly heartbreaking to read that the efforts of qualified young professionals to buy homes are being thwarted by investors offering all cash, "some backed by Wall Street war chests. " On the other, it is absolutely revolting that greedy investors are so anxious to flip properties and make even more money that they are cheating the next generation of what they themselves are so lucky to enjoy: homeownership.
August 9, 2013 |
The gig: After a long career as one of the country's most influential real estate accountants, Stan Ross is teaching and mentoring college students as chairman of the USC Lusk Center for Real Estate. Humble beginnings : Ross was born in 1936 in the Bronx, where he grew up and enjoyed playing basketball on public courts. In high school he found part-time work in a belt factory, and the monotonous labor of cutting belts motivated him to further his education at the City College of New York business school.