Luxury Market News

WEA Featured Agent: Taunya Boileau

WEA agents are from the worlds of business, entertainment, academia, and, of course, real estate. They are an incredible group of agents that have a passion for business, architecture, and their local communities. This month’s featured agent ...

US Home Prices Surpassed 2006 Peak in September & More

Check out what the agents at WEA are reading this week… US home prices surpassed 2006 peak in September Buying is somehow still cheaper than renting in LA Real Property Report – California, September 2016

LA Times Top Sales: $17.085 million — Bel-Air

In the 10000 block of Levico Way, an arm of Chinese entertainment company Huayi Brothers bought an eight-plus-acre property in a gated community. Found within a guard-gated community of just four homes, the undeveloped property includes a ...

Reality vs Reality TV

Have you ever watched “Million Dollar Listing?” It makes real estate look easy. The agent shows a house, makes a phone call to the seller and they immediately agree on a deal. Then, they show the commission the agent has earned and, what ap...

Cindy Crawford and Rande Gerber Seek $60 Million for Model Malibu Compound

Supermodel Cindy Crawford and her husband, businessman Rande Gerber, appear to have the model down for home-flipping. A year ago they more than doubled their investment on a traditional-style home in Malibu. Now the couple is looking for a big...

WEA October 2016 Micro Report

Silicon Valley Tech Executives Are Buying Luxury Second Homes in L.A. at Increased Rate

Sales numbers reported by a leading Los Angeles luxury home sales broker show that a significant number of high-net-worth individuals from Silicon Valley are buying second homes in the Silicon Beach/Westside area of L.A. Whether they want to...

LA Times – Top Sales

$11.25 million — Brentwood A gated estate in the 400 block of North Carmelina Avenue sold for $1.225 million less than the asking price of $12.475 million. The buyers were Tom Davidov, managing director at the investment bank Credit Suis...

Letter from WEA: Do You Want a Team of Brokers or One Responsible Broker?

There seems to be a growing trend for brokerages to have “teams” representing sellers on the listing of their homes. It begs the question of what is best for YOU? A team or an individual? At WEA, we firmly believe that one responsible agen...