The Karlin Law Firm LLP

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March 2018 Archives

California market seen as stable for now

According to Fitch Ratings, the average home price in parts of Southern California was 5 to 9 percent higher in the fourth quarter of 2017 than what should be expected given economic fundamentals. It also says that 17 percent of all housing nationwide is overvalued by 10 percent. National housing prices as a whole were 3 percent higher than they should be in the fourth quarter of 2017 according to Fitch. Although housing prices are higher than what may be expected, a price correction may not be imminent.

Commercial real estate strong in 2018

California commercial real estate investors and owners might be interested in learning that Los Angeles has again made a strong showing in the commercial real estate market. For the third year in a row, L.A. has been ranked as the most attractive commercial real estate market in the U.S. and the Western Hemisphere.

Getting a handle on the real estate market

According to Collier International, 2017 was the peak for the U.S. commercial real estate market. However, it is likely that growth will continue into 2018 and beyond. California residents and others who are investing in commercial properties may be able to earn a positive return on their capital. Over the past 20 years, the average return has been 10.1 percent per year. However, it is thought that the average return will be about 6 percent in 2018 and 2019.

Is the ADA really a big deal for your small business?

Starting a small business in California can be a complex process. From finding appropriate space for your operations to putting the necessary legal protections in place, there are many things that you must address before you even open your doors to the public. One of the things you would be wise to consider is adherence to the ADA.

Bitcoin is becoming accepted in the real estate sector

Residents of California may find that bitcoin is useful when making real estate transactions. In 2017, a home in Manhattan Beach valued at $3.23 million was purchased with 3,300 bitcoins. Those bitcoins are now valued at roughly $34 million. Proponents of using bitcoin to make real estate transactions say that it is faster and easier because there is no need for bank involvement.

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L. Scott Karlin

L. Scott Karlin

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David E. Karlin

David E. Karlin

David E. Karlin is a California attorney with a primary focus on business and real estate, including law and legal issues...

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Michael J. Karlin

Michael J. Karlin

Michael J. Karlin is a Southern California based attorney whose practice primarily focuses on Entertainment Law. Michael began...

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