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L.A. County Unemployment Falls in October

Nov 23, 2021 Los Angeles County’s unemployment rate fell to 9.4 percent in October from a revised 9.9 percent in September amid a hiring surge that saw employers in the county add 41,000 payroll jobs, according to state figures. But these added jobs we...

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Calabasas, Encino Appear on List of Priciest ZIP Codes

Nov 10, 2021 PropertyShark has released its annual list of the 100 priciest ZIP codes for residential properties and two of North Los Angeles neighborhoods – Encino and Calabasas – have made the ranking. Encino’s 91436 ranked No. 59 on the list wit...

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Economic update

Economic update for the week ending November 6, 2021

Nov 6, 2021 U.S. employers added 531,000 jobs in October – The Department of Labor and Statics reported that 531,000 new jobs were added in October. That number exceeded economists’ expectations of 450,000 new jobs. Investors were very encouraged by th...

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Way to go California!

Way to go California!

Sep 22, 2021 California has the lowest coronavirus transmission rate of any state following a sharp decline in cases and hospitalizations after a summer surge. The nation’s most populous state is the only one experiencing “substantial” coronavirus ...

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Home prices

Home Prices Hit 30-Year Record in June

Sep 1, 2021 Prices for single-family homes heated up even more as the summer market kicked off in June, according to the most recent S&P CoreLogic / Case-Shiller Indices. For the third consecutive month, home prices saw record growth with an 18.6% uptic...

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Economic update

Economic update for the week ending August 28, 2021

Aug 28, 2021 Stock markets closed the week at new record highs – Stock market indexes have hit record highs over 50 times in 2021. Despite a rise in coronavirus cases, turmoil overseas, a slip in retail sales, and talk of some tightening by the Federal Re...

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Economic Update

Economic update for the week ending August 20, 2021

Aug 21, 2021 Stock markets ended the week slightly lower – Stocks dropped following the third straight month of retail sales declines and the lowest consumer sentiment reading in several years, leading investors to feel the economy was showing signs of sl...

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blog

Economic update for the week ending August 7, 2021

Aug 7, 2021 U.S. employers added 943,000 jobs in July – The Department of Labor and Statics reported that 943,000 new jobs were added in July. That exceeded the 845,000 new jobs experts predicted. Average hourly wages rose 4% year over year. The unemploy...

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$170 Million Movie Studio Coming to Sun Valley

Jul 30, 2021 A joint venture between builder Hudson Pacific Properties Inc. and investment firm Blackstone will create the 240,000-square-foot Sunset Glenoaks Studios movie and television production facility in Sun Valley by the third quarter of 2023, accor...

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