Ernie Carswell

The Fine Art of Representing You

Critical Article in the LA Times on the Luxury Home Market

leave a comment »

Luxury home prices are still heading down

By Lauren Beale, Los Angeles Times

10:27 AM PST, December 13, 2010

While Southland housing values overall have rebounded from recent lows, those in the upper end of the market may not yet have hit bottom. Some experts don’t see a turnaround for at least another year.

On its glittering surface, the Southern California luxury housing market still has plenty of pizzazz.

A 48,000-square-foot Versailles-style estate in Bel-Air that sold for $50 million is believed to be the highest-priced sale in the nation this year. Actor Sacha Baron Cohen spent $18.9 million on a Mediterranean villa in the Hollywood Hills, a record for that area.

These trophy deals, however, are masking a larger malaise in the luxury market. Most mansions put up for sale are lingering for months without nibbles from buyers, real estate agents say. And although Southland home prices overall have rebounded from lows hit last year, the luxury market is still trending downward.

To see the rest of the story: http://www.latimes.com/business/la-fi-luxury-housing-market-20101213,0,1547660.story

Written by Ernie Carswell

December 19, 2010 at 7:04 am

Posted in Home Market

Season’s Givings, revisited

leave a comment »

Dec. 11, 2010 | Molly Peterson

A few years back, before our intrepid Kitty Felde relocated herself to DC, we’d profile volunteer opportunities of various kinds that Angelenos could take advantage of.

We all pretended to think of it as a pain in the ass. But our little Grinch hearts grew three sizes each time we talked to people who actually volunteered and gave of their time – even as we struggled to figure out whether doing stories on this stuff is a conflict of interest.

Comes news that seems economically relevant this year. A friend who works for Teles Properties – a real estate company – says the traditional company party is off this year. Instead, Teles realtors are going to do some Heal the Bay volunteering: they’re meeting for a 2 1/2 hour cleanup – Heal the Bay traditionally does a little edjumacation at the beginning of that, about beach trash and urban coastal issues (at least if KPCC’s own sessions are any guide).

To see full story:  89.3 KPCC | Southern California Public Radio | Season\’s Givings, revisited

Written by Ernie Carswell

December 15, 2010 at 7:37 am

Posted in Media

Tagged with ,

Cover of Classic Properties International

leave a comment »

Ernie’s listings are featured on the cover and inside pages.

Classic Properties International Digital Edition

Written by Ernie Carswell

November 26, 2010 at 10:50 am

Posted in Media

October 2010 Los Angeles Micro Market Report

leave a comment »

The Los Angeles October 2010 Micro Market Report for single family homes is now available.  Please click the link below to download.

October 2010 Los Angeles Micro Market Report for Single Family Homes

Written by Ernie Carswell

November 26, 2010 at 10:17 am

September 2010 Los Angeles Micro Market Report

The Los Angeles September 2010 Micro Market Report for single family homes is now available.  Please click the link below to download.

September 2010 Los Angeles Micro Market Report for Single Family Homes

Written by Ernie Carswell

October 16, 2010 at 11:28 am

August 2010 Los Angeles Micro Market Report

The Los Angeles August 2010 Micro Market Report for single family homes is now available.  Please click the link below to download.

August 2010 Los Angeles Micro Market Report for Single Family Homes

Written by Ernie Carswell

September 28, 2010 at 10:30 am

Open House – 2706 Creston – Hollywood Hills – Sunday 2 – 5

leave a comment »

Over an acre of beautiful, private architectural estate property in the heart of Beachwood Canyon with panoramic views in all directions—downtown, ocean, Hollywood Sign and the Observatory.

Gated driveway arrives at 4 Br, 3Ba contemporary residence offering tremendous outdoor entertaining spaces , whether grassy yard and Pool or huge terraces with outdoor fireplace and al fresco dining.

Stylish Open Kitchen serves as eat-in forum with top line appliances, seating booth and breakfast bar.  Main floor double suite offers flexible use as work space or guest bedroom. Master Suite soars above the city with fresh air Terrace and mahogany nautical-themed spa bath. Additional bedrooms, lounges and destinations, including outdoor stone shower. Rare opportunity!

LISTING AGENT: Ernie Carswell     424.202.3226     ernie.carswell@telesproperties.com

Written by Ernie Carswell

September 17, 2010 at 11:51 am