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

Cozy 1920s cottage in Atwater Village seeks $892K

By Elijah Chiland Located just a few blocks from the Los Angeles River, this charming little Atwater Village cottage has been around since 1923 and packs plenty of charm into its 1,252 square feet of living space. Featuring hardwood floors throughout, the home has wide windows and sliding glass doors that give it a light and… Keep reading

Las Orquideas Celebration & Preview

Merely minutes from the hustle and bustle of Hollywood Boulevard and nestled in the nearby foothills stands an impressive Spanish Revival compound known as Las Orquideas. The property evokes old Hollywood glamour, and on the evening of June 11th, that spirit was awakened by an exciting soirée. Guests were invited to tour several of the… Keep reading

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