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Builder confidence is up, home prices continue to rise, U.S. hits record levels

According to the recently released National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index, builder confidence is back on the rise after some concern over construction labor problems in the last report. The index rose 4 points from its July reading to 68, beating analysts’ consensus predictions of 65. “The fact that builder confidence has returned to the healthy levels we saw this spring is consistent with our forecast for a gradual strengthening in the housing market,” said NAHB Chief Economist Robert Dietz.

128 Granville Avenue rear exterior

128 Granville Avenue: A Brentwood Beauty

128 Granville Avenue, nestled in the prestigious Brentwood neighborhood of Los Angeles, embodies the epitome of luxury living. This Cape Cod-style home, shielded by a graceful wooden fence and electric gate, welcomes you with impeccable finishes and spacious elegance.

Builder Confidence is Up, Home Prices Continue to Rise

According to the recently released National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index, builder confidence is back on the rise after some concern over construction labor problems in the last report. The index rose 4 points from its July reading to 68, beating analysts’ consensus predictions of 65.

Westside Digs • August 18, 2017

ON THE COVER Brentwood Beauty: Impeccable finished and an oversized lot endowed this grand Cape Cod-style home with patrician style and elegance presented by Kim Pollard of Jenro Realty Company.

Same Story for Housing: Rising Prices, Low Inventory

Home prices continue to rise in the second quarter of 2017 against a diminished housing inventory that is hitting all-time lows. According to the National Association of Home Builders and First American Title Insurance Leading Markets Index (LMI), nearly 300 markets across the U.S. posted an increase in economic and housing activity from the first to the second quarter.

South Bay Digs • August 11, 2017

ON THE COVER Beach Beauty: A Coastal Modern abode in North Manhattan Beach offers supreme SoCal lifestyle presented by Richard Haynes of Manhattan Pacific Realty.

El Segundo Gets Another Boost with the Idea Factory

The Idea Factory is Propeller Properties’ fourth project in El Segundo, with tenants including Skyscraper Productions, Crafty Apes, and Juhll. Brett Drogmund, a key figure behind the project, envisioned it as an opportunity for companies to collaborate and make a creative impact.

Coastal Modern in North Manhattan Beach 320 35th Street

Living in North Manhattan Beach offers the desired SoCal lifestyle with added conveniences: great surf, lively restaurants, an easier commute to Los Angeles, and a strong local scene. As a place to enjoy life with little fuss, the hot property at 320 35th Street has much to offer the buyer looking for a low-maintenance, high-style lifestyle home. “On weekends, you wake up and don’t need to get in the car. You walk to the beach, to restaurants or yoga. The sheer ease of living here is priceless,” shares Realtor Richard Haynes of Manhattan Pacific Realty.

Kelly Wearstler: The Art Deco Revival

Internationally acclaimed designer Kelly Wearstler is known for her bold and striking interiors that inject personality into every nook of a home. Drawing inspiration from the glamour and opulence of Art Deco, her designs defy minimalism, embracing rich colors, geometric shapes, and strong angles.