Blog | My Blog - Eric Alter

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$2 Billion Skyscrapers come to Warner Center

HOW’S THE VIEW FROM THE 42ND FLOOR? I’ve blogged about the $40 billion re-development of sleepy Warner Center, first when the LA Rams made The Promenade their planned $10 Billion residential /entertainment complex. Now, a new $ 2 Billion chunk has just been announced. Meet “Viva”, four skyscrapers by Wellpointe – a corporation best known […]
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STOCK MARKET MONEY FLOODING REAL ESTATE

BABY TECH MILLIONAIRES ARE HOUSE HUNTING I recently sold a house for a Space X employee whose stock options just vested. The Artificial Intelligence boom has minted thousands of new millionaires. Already, home buyers in San Francisco are complaining about bidding wars driving up the cost of real estate! Los Angeles is getting AI money […]
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HOW TO BUY MORE HOUSE FOR THE MONEY

Home prices are at all time highs. But sales are 50% lower than they were last year because of the affordability barrier facing buyers. THE ANSWER FOR BUYERS – GET CREATIVE ABOUT FINANCING. 1. ADJUSTABLE RATE MORTGAGE (ARM) – 50 to 100 basis points lower in rate, with a payment for five years before the […]
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POWER MARKETING BRINGS BEST PRICE

SOLD AETNA ST. IN MULTIPLES $2,220,000 I sold this beautiful 5 BR 3000 sqft Modern Farmhouse near you for a record price on the street. I’ve recently sold over $11 million in the neighborhood! If you’re still interested in selling, I can do the same for you! As a top Global Luxury broker with Coldwell […]