Algorithm Real Estate
At Algorithm Real Estate Group, we believe firmly in building successful relationships. List with Us Algorithm Real Estate Group is a new way to do Real Estate.
Our clients have high expectations, because we deliver results. In a world so consumed by change, Algorithm Real Estate Group remains prepared and able to adapt to current business and local market conditions. Confidence is key in any real estate relationship, and Algorithm Real Estate Group provides its clients with a certainty of trust. Algorithm Real Estate Group specializes in the working with
14/08/2023
Torrance Rental Market Booming, Time to Invest
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13/08/2023
Tips for Deciding Whether to Remodel Your Home or Move
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Tips for Deciding Whether to Remodel Your Home or Move When deciding whether to move or remodel a home, many factors should be considered, such as the cost of materials, the cost of hiring a contractor, the need for specific features, and the location of the home. Researching home prices and neighborhoods in the area can help determine if it is better t...
05/08/2023
In CRE Outlook, Office Sees a Longer Recovery, Multifamily in High Demand, Retail Rebounds
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In CRE Outlook, Office Sees a Longer Recovery, Multifamily in High Demand, Retail Rebounds The Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows a mixed outlook for the commercial real estate industry in California. Office development is expected to slow due to high interest rates, while the multifamily sector remains strong. The survey advises clients to...
27/07/2023
Cost of Living in California
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18/07/2023
Ask Me Anything!
Have questions about real estate but not sure where to start?
Ask Me Anything | roomvu Have questions about real estate but not sure where to start?
10/07/2023
How to Handle Rent-Hikes in LA
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Here's to having the freedom of living the American dream —homeownership! Happy 4th of July!
20/06/2023
Los Angeles' Multifamily Construction Activity Overview
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14/06/2023
Mortgage forbearance: What is it and how does it work?
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Mortgage forbearance: What is it and how does it work? Mortgage forbearance is a temporary relief option for homeowners facing financial hardship due to job loss, illness, or other issues. It allows borrowers to pause or lower their mortgage payments, and can help protect struggling borrowers from becoming delinquent on payments or facing foreclosure. E...
05/06/2023
LA County Luxury Market Outlook for the Early-Spring
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30/05/2023
Buyers seeking smaller and more affordable homes, property professionals report
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Buyers seeking smaller and more affordable homes, property professionals report The Royal Institution of Chartered Surveyors (Rics) April market survey of the UK property market found that demand from buyers and house sales have decreased, resulting in an increase in the average number of properties held on estate agents’ books. Prices have been falling, with a net balance of...
27/05/2023
LA City Council Approves DTLA, Hollywood Zoning Updates
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LA City Council Approves DTLA, Hollywood Zoning Updates The LA City Council has approved two comprehensive zoning plans that together add 135,000 new housing units over the next 20 years. The plans focus on increased density in two of the city’s largest and most populous regions and include requirements for affordable units. Last-minute tweaks to the D...
18/05/2023
Condo to House Upgrade: Affordability Analysis
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13/05/2023
New Tax Will Be Costly For Some Los Angeles Home Owners
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New Tax Will Be Costly For Some Los Angeles Home Owners Los Angeles has implemented a new transfer tax, commonly referred to as 'the mansion tax', which charges a 4% tax on property sales at or above $5 million and a 5.5% tax on properties that sell at or above $10 million. The tax is meant to help fund affordable housing and homelessness prevention and....
01/05/2023
Los Angeles Metro Statistics in Late-Winter 2023
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30/04/2023
Los Angeles real estate deals to get hit by the new 'mansion tax' from April
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Los Angeles real estate deals to get hit by the new 'mansion tax' from April The City of Los Angeles has passed a Mansion Tax that will be effective April 1, 2023, on commercial and residential real estate transactions over $5 million. The existing documentary transfer taxes in Los Angeles will not be altered by the mansion tax, but will instead incur an additional tax depen...
17/04/2023
LA Metro Area Market in Early-Q1 2023
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13/04/2023
Growth Forecast for Los Angeles in 2023
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04/04/2023
SVB Collapse Rocks California Housing Market as House Prices to Bottom Out
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SVB Collapse Rocks California Housing Market as House Prices to Bottom Out since last year , and that the collapse of Silicon Valley Bank ( SVB ) could further accelerate that trend . The lender has been a major player in the tech sector for years , and its demise could lead to more layoffs and a further weakening of the tech sector . This in turn could mean more downward....
27/03/2023
Los Angeles Metropolitan Area Market Snapshot
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26/03/2023
Multifamily Real Estate: Why It's a Smart Investment
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Multifamily Real Estate: Why It's a Smart Investment Challenges of Multifamily Real Estate Investing While multifamily real estate can be a smart investment, there are also some challenges to consider: Management: Managing a multifamily property can be time-consuming and require expertise in areas such as maintenance, leasing, and tenant management. T...
18/03/2023
Prices dip, but LA homes to remain unaffordable for many
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Prices dip, but LA homes to remain unaffordable for many Reality stars Todd and Julie Chrisley report to prison20% of M&T’s office loans in danger of defaultLil Wayne finds buyer for $28M Miami Beach mansionTransfer tax dries up multifamily financing in LA From left: The Keystone Team's Cyrus Mohseni and CAR's Jordan Levine (Getty, CAR, The Keystone...
09/03/2023
Shift In LA County Housing Market
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01/03/2023
Find out if it's time to sell your home
How much is your home worth? Type your property address and get a quick home estimate.
Home Evaluation Estimate | roomvu How much is your home worth? Type your property address and get a quick home estimate.
20/02/2023
Downtown LA Market In Late-Q4
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13/02/2023
Construction Isn’t Meeting Housing Demand in LA
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11/02/2023
LA Council Committee Recommends Slate of Permanent Tenant Protections
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LA Council Committee Recommends Slate of Permanent Tenant Protections The council is under pressure to implement protections before the state of emergency due to COVID-19 expires at the end of the month, which also sunsets the temporary protections that have been in place since the start of the pandemic. The committee on Wednesday recommended approval of three key pro...
31/01/2023
Los Angeles-Orange County homebuying plummets 44% to record low – Orange County Register
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Los Angeles-Orange County homebuying plummets 44% to record low – Orange County Register Here’s what my trusty spreadsheet tells us about how the rate jump changed a typical homebuyer’s house payment … Los Angeles County: Buyers got a $4,094 estimated cost per month for the $785,000 median vs. $2,669 a year ago on the $781,100 median, 53% higher. Single-family homes Sales: Los Ang...
28/01/2023
The Los Angeles “Mansion Tax”: How the ULA Tax May Impact Commercial Real Estate Deals - Lexology
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The Los Angeles “Mansion Tax”: How the ULA Tax May Impact Commercial Real Estate Deals - Lexology The ULA Tax applies to the total sales price or value of the property transferred, without reduction on account of any assumed debt, as opposed to a tax only on gains or net of assumed debt. For example, if a seller must increase the sales price of a property to cover the new tax, the buyer may need...
20/01/2023
House listings drop 26% in LA County during November
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House listings drop 26% in LA County during November There were 1,794 listings in L.A. County in November compared to October, when there were 2,426 homes listed in the county. L.A. County inventory of homes for sale is about 22 percent below the pre-pandemic level, Miller said, comparing the number of single-family homes for sale in the third quarter...
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