My Blog
Housing Prices are Rapidly Outpacing Incomes, Rendering the American Dream Out of Reach for Most
A recent study by ATTOM Data Solutions has confirmed what we were all beginning to suspect, that a house with a white picket fence and 2.5 children is unattainable by the majority of Americans in the current market. The ATTOM study ...
“Don’t Be Silly Dear, Let’s Call A Professional”, It’s Sound Advice
To say that homeowners sometimes take on bigger projects than they can handle when it comes to “do it yourself” renovations is a massive understatement. What bolsters people’s flawed perception that every renovation is a “do...
Landlords Who Embrace Technological Innovation Are Likely to Increase Profit
Many people believe that being a landlord is an easy way to generate a constant passive stream of income, but this is not the case. The reality is that being a successful landlord is a full-time job that includes: (1) ensuring that ...
The Housing Market is Slowing, Houses Are Being Priced Too Aggressively
Over the past two years, housing prices have been out-growing both inflation and median income. However, over the last several months, housing prices have begun to decelerate contemporaneously with an increase in both interest rates...
“Price Per Square Foot” and Pigs Wearing Lipstick
There are many methods of quantifying the value of a home, one of most intellectually dishonest methods is the “price per square foot” measurement. While this information does give you one way of differentiating houses at a simi...
Renting Is Sometimes Better Than Owning; When You Are Renting Limited Use Items
At the Chernov Team, we understand that owning a home in the Studio City area is very expensive; but did you know that there are a few important household items that you can rent for a fraction of the price of owning them? This is particularly ...
Let’s Stage the Living Room!
You don’t need your realtor’s license to know that “staging” your house is a great way to showcase what your home looks like at its best. As noted previously, the thing about first impressions is that you only get one. An often-overlook...
This Weekend 9/14-9/16
It’s the last weekend of summer! Not that it really matters here in sunny SoCal…but take the opportunity to get outside this weekend and explore some of these great events! dOGUMENTA Friday until 9pm, Saturday and Sunday 11-7pm This ...