Andy's November Newsletter

Hello! I hate spam - fortunately, this isn’t spam! Many clients and friends have suggested for a while that I start a newsletter to share all the awesome stuff going on in LA and also give a little update about the LA real estate market.
 
For my fellow foodies, I’ll be regularly spotlighting amazing restaurants and sharing a delicious cocktail recipe that I have personally taste tested and love. I won’t send these newsletters too often and truly NEVER want to fill your inbox with crap - my hope is to create a helpful and really fun resource.
 
If you ever have any feedback or if there’s anything you’d like to see more of! Please don’t hesitate to let me know!

Sparkle DTLA Light Show 2023

Nov 17, 2023, 5:00 PM – Dec 31, 2023, 9:00 PM
Free, 700 W 7th St, Los Angeles, CA 90017

Experience a mesmerizing holiday show where 18 million lights create a stunning display synchronized to festive music. SPARKLE DTLA at The Bloc offers an unforgettable nighttime journey, featuring one of LA's biggest interactive holiday exhibits. Don't miss the chance to capture your perfect photo-op moments at this incredible holiday experience.
Best of all, this event is completely free and open to people of all ages, including furry friends. Come and immerse yourself in the holiday spirit at The Bloc!

More info here

Turkey Trot Los Angeles

Nov 24, 2022, 8:00 AM
200 N Spring St, Los Angeles, CA 90012

Get your family together and start Thanksgiving Day with a lively run through the streets of Downtown L.A. The exciting Turkey Trot is returning for another year, offering 5k, 10k, and other enjoyable runs. Additionally, there is a cute Widdle Wobble specifically designed for young trotters aged 12 and under. Experience a historic route along Spring Street, known as the Wall Street of the West, where you will encounter remarkable landmarks like the Continental Building (the first skyscraper in LA) and the Walt Disney Concert Hall.

More info here

HOLLYWOOD CHRISTMAS PARADE

Nov 26, 2023 - 6925 Hollywood Blvd
Hollywood 90028

The Hollywood Christmas Parade is a must-see event in Los Angeles, just like the iconic Angelyne billboard on Sunset Boulevard. This parade has been around for nine decades and is known for its kitschy charm. It showcases floats, balloons, bands, equestrians, and even celebrities. The parade follows a U-shaped route, starting at Hollywood and Orange and ending at Sunset and Orange. If you want a guaranteed seat, you can buy reserved grandstand seats, and the proceeds will go to Toys for Tots. However, if you prefer to save some money, you can also find free curbside seating.

More info here

I believe there are 2 critical statistics to understand when looking at the state of the current real estate market. On the buyer demand side, the interest rates. And on the seller or supply side, the months of homes available for sale, or inventory.
 
So, on the buyer demand side, mortgage rates declined again this week, closing at 7.88%, down from 7.97%. Mortgage rates were in the 6's the 1st half of the year, in the 7's the last few months, are this last week they seemed to have moved out of the 8% trajectory.

Inventory continues at record lows for periods other than during the pandemic and has stayed close to the rates of 2021, and is down 17% from the same time last year. As I have often seen and often said, as long as inventory is low, prices cannot go down that much.

Locally, in Los Angeles, the market stayed at a 41 on the market action index, a slight seller's market, the 2nd week in a row after adjusting down from 42 last month.

What the hell does this mean? A few things. If you are looking to buy a home and live there for a while, real estate has always been a great long-term builder of wealth and there is nothing to suggest that is changing if you can afford the home. If you are able to afford a home and handle these interest rates for the next year or two, there’s a great opportunity to get into a home at a lower price, build equity instead of waiting, and also when rates go down and comps go up your home would ride the wave of higher value as well. There are also some pretty great programs to help get short term discounts on interest rates such as 2-1 Buydown if you’d like more information. If you want to move or downsize, it's still a good market to sell, but a bit more challenging than in the last few years. Finally, if you can find and afford a property that will give you cash flow, this is a great time to get solid cash flow and enjoy the tax benefits of real estate. This is a pretty birds-eye-view look at the market - if you ever want to have a zero pressure conversation about anything more specific, I’m always happy to chat!

november 8, 6-9pm
The beverly hilton

Beverly Hills Chamber of Commerce Centennial Celebration

"The Beverly Hills Chamber of Commerce is celebrating its centennial this year and is inviting community members to celebrate 100 years of empowering businesses to thrive!"

Register Here

November 3 | 12 - 9 PM

Dia de los Muertos at Santa Monica Pier

"Santa Monica Pier’s Dia de los Muertos: Return of the Monarch promises a wonderful blend of art, tradition, and community spirit that pays homage to the cherished memories of our loved ones." 
 
Learn more HERE. 

november 23

Pacific Palisades Turkey Trot 

"Start your Thanksgiving morning by participating in the 9th Annual Palisades Development Turkey Trot!
 
This year’s event will feature the same 5K and 10K course routes participants have come to expect. Each runner will receive a t-shirt, a complimentary swag bag and a chip-timed bib ,"
 
Learn more and register HERE. 

SUSHI NOTE OMAKASE

Indulge in an unforgettable culinary symphony at Sushi Note, where every dish is a masterpiece and every bite is a sensory delight. Sushi Note is your ultimate ticket to an exquisite Omakase experience, where Head Chef Kiminobu Saito's creative sushi delights take center stage. With each meticulously crafted piece, you'll taste the passion and dedication that goes into perfecting this timeless art of sushi-making.
 
Sushi Note Omakase presents a delightful twenty-piece tasting menu that showcases a rotating selection of Japanese Market Fish. As you journey through this culinary adventure, you'll savor the freshest, most exquisite ingredients meticulously prepared to tantalize your taste buds. But the experience doesn't stop there. Complementing this culinary journey is a carefully selected wine list, designed to elevate your enjoyment of this timeless cuisine.
 
Each wine is chosen to enhance the flavors and textures of the sushi, creating a harmonious blend of tastes that will leave you in awe. So, if you're seeking a dining experience that transcends the ordinary, join us at Sushi Note and let the flavors of our Omakase and the artistry of our Head Chef transport you to a world of culinary excellence.

More info here

BROAD STREET OYSTER

Christopher Tompkins's seafood pop-up has finally settled into its permanent home, and it's an enchanting fusion of coastal vibes and a whole lot of enjoyment. Tucked away in a quaint corner of a Malibu strip mall, this contemporary seafood sanctuary boasts wide-open windows that look out onto a tranquil creek, setting the ideal ambiance for sipping a cold beer or a glass of natural wine while savoring our all-time favorite lobster rolls in the city. These delectable rolls can be relished either warm and bathed in butter or the East-Coast way, served cold with a delicate drizzle of mayo.
 
For the aficionados of oysters, they’ve got you fully covered with responsibly cultivated and incredibly flavorful oysters, expertly shucked and sourced from diverse corners of the world. And if you're in the mood for heartier fare, our grill comes to life with succulent, herb-infused razor clams, blue crab cakes adorned with golden panko breadcrumbs, and a gratifying burger seasoned with shio kombu magic. Why wait? Head on over and immerse yourself in a seafood haven at this delightful Malibu spot!

More info here

JEMMA DI MARE

Jemma di Mare is a chic, modern restaurant and bar, celebrating Italian American cuisine with a seafood focus and crafted cocktails. The menu features timeless favorites like Baked Clams Oregenata and Linguine alle vongole, plus innovative dishes like polenta cake with Kaluga Caviar. Chef and Owner Jackson Kalb's third culinary venture.
 
The former Bottlefish spot has transformed with nautical blues, custom lighting, and plenty of wood accents. Dark booths and open windows provide a cozy dining experience, while the patio offers outdoor dining under heat lamps. Whether it's lunch or dinner, Jemma di Mare's ambiance is both enchanting and welcoming, blending East Coast seafood and Italian cuisine with a West Coast touch. The restaurant was thoughtfully designed by MAKE Architecture.

More info here

APPLE CRANBERRY MOSCOW MULE

INGREDIENTS
 
DIRECTIONS

More info here

Andy Dulman
 
DRE# 02119016
Real Estate Agent & Advisor
M: 650.302.1248
[email protected]
IG: @AndyDulmanHomes

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