Photography by Jeff Newton

DPP at The Real Deal’s Residential Forum

This past Friday The Real Deal hosted its annual Los Angeles Residential Showcase and Forum, bringing together influential real estate players from several leading agencies. Deasy Penner Podley’s George Penner was there to discuss the ever-changing state of the residential market. Penner was honest about the current state of the Los Angeles luxury residential market… Keep reading

Southern California home prices are flat in May as sales fall

By Andrew Khouri The Southern California median home price barely budged in May, a sign that the housing market remains soft despite a sustained drop in borrowing costs. The six-county median — the point where half the homes sold for more and half for less — rose just 0.2% from May 2018 to reach $530,000,… Keep reading

“The first 3 months of the year sucked”: Industry pros on LA’s luxury market slowdown

By Natalie Hoberman George Penner, CEO of Deasy Penner Podley, didn’t mince words in his description of Los Angeles’ high-end residential market. “The first three months of the year sucked,” he said. “It was terrible.” That slowdown and a wave of discounted re-listings dominated the discussion among Penner and other industry players at The Real… Keep reading

Open House Obsession: Mid-Century Gem In Encino, $1.8M

By Philip Ferrato Built in 1959, this elegantly low white stucco home is the work of Cliff Burlew, a Valley architect about whom little is known, and according to a vague obituary, he also worked in film set design. Commissioned by one J. Reed Gattman, the house presents two very different faces– walled, austere, and… Keep reading

An eBay Way To Sell Your Home: New Sales Method Could Change Real Estate

By Jasmine Viel Buying a home in Los Angeles is like playing a game of roulette, as many of you already know, you pick a number, price, and just hope it’s the right one. A Pasadena real estate firm is looking to change the game, if you will. They have created the first of its… Keep reading

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