Back to Results

Tools

Partner Tools


Anyone have an opinion about Beverly Hills home values?

Profile picture for spencer
Contributions: 1299
Zillow All-Star

Since December 2008

Wondering what people think is happening to home values in Beverly Hills.
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 11 - Beverly Hills
RSS

Answers (5)

Profile picture for spencer
Contributions: 1299
Zillow All-Star

Since December 2008

I grew up in Beverly Hills so I still pay attention to the market. I don't follow it extremely closely, but it does seem to me like home values have held up very well in BH. Fewer foreclosures and distressed sellers, I'm sure.
Zillow's data for Los Angeles says the Zillow Home Value Index (the ZHVI aka "Zindex") for BH is $2,083,232, down 8.6% year-over-year for 1Q09. That compares favorably with LA as a whole which is down 18.9% yoy.

  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 14
Profile picture for space_acer
Contributions: 4343
Zillow All-Star

Since March 2009

BH prices can go down in value. Do a search on the internet and you will prices back in early 90s went down 40%.  The entertainment business (Hollywood) has taken some deep hits over the past few years. 
On the whole Million dollar deals are falling.

http://www.dqnews.com/Articles/2009/News/California/HighEndSales/MDCA090202.aspx

Beverly Hills 90210 his getting hit just like before.  

http://www.dqnews.com/Charts/Monthly-Charts/LA-Times-Charts/ZIPLAT.aspx


BTW,  Im not going to see the NEW Star Trek movie. Whats the point?





  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13
Profile picture for White Picture
Contributions: 1897
Zillow All-Star

Since March 2009

Maybe it will be a big problem, because of many peoples living there had no fixed income, therefore can't apply for the loan, I heard one story that, one actress had 1mil. for downpayment on 3 mils. house, and the bank refused with the reason, some year she make few millions, some years is none, not even one cent. therefore, there are not guarantee that she can repay the mortgage.  
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13
Profile picture for akoi
Real Estate Agent
Contributions: 1032
My dad still lives there and he's not selling and doen't care about the market.
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 13
Profile picture for Walty804
Contributions: 1658
My take is that the area is taking a hit like every where else but these popular areas will be the among the last to go and first to recover....
  Flag content
Close
Report a Problem
Close
Content Flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 11
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion

 
Active Beverly Hills Real Estate Agents
Subscribe via RSS
  1. 7 listings
    Local Expert
  2. 11 listings
    Local Expert
  3. 12 listings
    122 contributions
  4. 12 listings
    72 contributions
  5. 11 listings
    880 contributions
Related Questions
Question Anyone have an opinion about Beverly Hills home values?
  • Latest answer by Spencer Rascoff
  • May 14
Current Last Week
Need a Mortgage?

Zillow Mortgage Marketplace

  • Competitive rates
  • Accurate, custom quotes
  • Thousands of lenders

... and, it's free and anonymous

Get instant mortgage quotes
Estimated purchase price Current mortgage balance Desired loan amount
98104

Learn about Zillow Mortgage Marketplace

Zillow Poll:
Suggested by higgs722
If you sold your house recently, did you sell it for:
Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

pageName