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The 5 Most Interesting Restaurants in Studio City, CA 91604 

Firefly  What makes it interesting: Firefly offers an enchanting and romantic outdoor patio with fireplaces and hillside views, creating a unique dining experience. The menu features modern American and Mediterranean-influenced dishes crafted by Chef Viet Pham, complemented by handcrafted cocktails and a curated wine list.  Popular dishes: Small and large plates with Mediterranean flavors, craft cocktails, and seasonal American dishes.  Asanebo  What makes it interesting: Asanebo is a Michelin-starred Japanese restaurant known for its exquisite sushi and refined Japanese cuisine. It sets a high standard for sushi lovers seeking quality and artistry in a serene setting.  Popular dishes: Omakase sushi selections, sashimi, and seasonal Japanese specialties.  Jon & Vinny's  What makes it interesting: A popular spot for classic Italian-American comfort food with a modern twist. Known for its casual yet stylish vibe, Jon & Vinny’s serves up delicious pizzas, pastas, and sandwiches made with fresh ingredients.  Popular dishes: Margherita pizza, meatball sandwiches, and house-made pastas.  Chin Chin Studio City  What makes it interesting: Chin Chin brings delicious Asian flavors to the San Fernando Valley with a menu featuring classic Chinese dishes, dim sum, fresh seafood, and unique kid-friendly options. The spacious setting and gluten-free menu add to its appeal.  Popular dishes: Lettuce wraps, Chinese chicken salad, dim sum, and fresh seafood dishes.  Teru Sushi  What makes it interesting: Established in 1979, Teru Sushi was one of the first in the Valley to combine fine Japanese cuisine with a lively ambiance. It’s widely known for consistently high-quality sushi and friendly, efficient service.  Popular dishes: Specialty sushi rolls, sashimi, and traditional Japanese appetizers.    Looking to explore Studio City’s dynamic and diverse dining scene or considering making this vibrant neighborhood your home? Contact Anita Rich for expert guidance and the latest local insights about living in Studio City, CA 91604!  THE RICH GROUP (818) 632-2258 Anita Rich - Michael Persh anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

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Juneteenth, celebrated on June 19, is a federal holiday in the United States that marks the end of slavery. It commemorates the day in 1865 when Union troops arrived in Galveston, Texas, and announced freedom for the last enslaved people—over two years after the Emancipation Proclamation. Known as America’s “second Independence Day,” Juneteenth is a time for honoring Black freedom, resilience, and the ongoing pursuit of equality. In 2021, it was officially recognized as a federal holiday, highlighting its significance in American history and culture.

THE RICH GROUP Anita Rich (818) 632-2258 anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich https://anitarich.real-estate-blog.com/

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Signs of Hope? Mortgage Applications Rise With Market Shifts

While this spring hasn’t exactly sparked a booming real estate season—home sales remain close to a 30-year low—there are some encouraging signs that activity may be picking up, especially when it comes to mortgage demand. According to Lawrence Yun, chief economist at the National Association of REALTORS®, “The latest application data is clearly showing some positive encouragement.” And the numbers back that up. For the week ending June 6, mortgage applications were up 20% compared to the same time last year, based on new data from the Mortgage Bankers Association. What’s more impressive? That increase came even as rates remained relatively steady. “Despite ongoing uncertainty surrounding the economy, home buyers seem to be taking advantage of loosening housing inventory in certain markets,” says Joel Kan, deputy chief economist at MBA. In fact, housing inventory has climbed 20% year over year. However, that rise in listings hasn’t yet translated into a noticeable increase in closed home sales across the country—at least not yet. The Key: Mortgage Rates One of the biggest drivers remains mortgage rates. Yun points out that all eyes are on inflation trends and what the Federal Reserve decides to do next with its benchmark rate. If rates dip—even slightly, to around 6.5%—he believes that could ignite a real shift in buyer activity, potentially increasing sales by up to 10%. “Even small, incremental changes , I think, will bring more buyers,” Yun adds. Where Mortgage Rates Stand Now Mortgage rates have been relatively steady for several months—and this past week followed that same pattern. “Mortgage rates have moved within a narrow range for the past few months—and this week is no different,” says Sam Khater, chief economist at Freddie Mac. Still, he adds, “Rate stability, improving inventory, and slower house price growth are an encouraging combination as we celebrate National Homeownership Month.” Here’s where rates stood as of the week ending June 12, according to Freddie Mac: 30-year fixed-rate mortgage: 6.84% (down slightly from 6.85% the week before; 6.95% a year ago) 15-year fixed-rate mortgage: 5.97% (down from 5.99% the previous week; 6.17% a year ago) What This Means for Buyers and Sellers For buyers, the combination of increased inventory and slightly more favorable rates may open up new opportunities—especially in markets where competition is softening. For sellers, understanding these dynamics can help in pricing strategies and setting expectations. As the summer real estate season heats up, all eyes will be on mortgage rates, inventory trends, and how buyers respond to these subtle but important shifts. Want to know how these changes could affect your local market? Reach out—I'm here to help you navigate what’s next. THE RICH GROUP (818) 632-2258 Anita Rich - Michael Persh anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

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Why Real Estate Is STILL the Best Investment in 2025! Anita Rich

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Housing Market Forecast 2025 | The 2nd Half | Anita Rich

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Before you rule out moving right now, take a look at this. | The Rich Group

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More homes. More chances to find your perfect match. | The Rich Group

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Don’t Miss This Prime Spring Window To Sell Your House | Anita Rich

According to Realtor.com, the best week to list your house this year was April 13–19. And since that week has come and gone, you might be wondering: did I miss my chance? Not at all – and here’s why. That’s just one source’s take, based on their own research. Other organizations run similar studies. And since different places use different methodologies for their research, sometimes the results vary too – and that’s actually good news for you. According to Zillow, the best time to list your house is still ahead. The latest research from Zillow says sellers who list their homes in late May tend to see higher sale prices based on home sales from last year. The study explains why: “Search activity typically peaks before Memorial Day, as shoppers get serious about house hunting before their summer vacation and the new school year in the fall. By targeting late spring, sellers can get their home listed when the most shoppers are looking. When more buyers are competing for homes, sellers can command a higher price.” And they’re not the only ones saying selling in May can help homeowners net top dollar. ATTOM Data conducted a similar study by analyzing 59 million home sales over the past 13 years: “Freshly compiled sales statistics from ATTOM demonstrate that home sellers continue to reap significant benefits from listing their properties during the month of May. Examination of home sales trends spanning thirteen years reveals that, on average, sellers are commanding 11.1 percent premium above the estimated market value.” An article from Bankrate echoes this sentiment and brings this all together to show that any time in April or May is a good time: “Some patterns and trends usually do hold true throughout the year, and one is that spring continues to be the best time to sell. Sellers can net thousands of dollars more if they sell during the peak months of April and May. . .” The window to sell during prime time is very much still open, so you can make a move and potentially cash in big if you sell now. That said, the best week to list your house really depends on a few local factors, like buyer demand, how many homes are for sale nearby, and how quickly things are selling. That’s why working with an experienced agent who knows your area is key. Bottom Line Spring is the busiest time in real estate – and there’s still time to take full advantage of that momentum. What’s holding you back from making your move this spring? And what would help you feel ready? Let’s talk about it.   THE RICH GROUP (818) 632-2258 Anita Rich - Michael Persh anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

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The Truth About Newly Built Homes and Today’s Market

Headlines are talking about the inventory of new homes and how we’re back at the levels not seen since 2009. And maybe you’re reading that and thinking: oh no, here we go again. That’s because you remember the housing crash of the late 2000s and you’re worried we’re repeating the same mistakes. But before you let fear take hold, remember: headlines are designed to be clickbait. And a lot of the time, they do more to terrify than clarify. That’s because they don’t always give you all the context you need. So, let’s take a step back and look at what the data really says. Why This Isn’t Like 2008 While it’s true the number of new homes on the market has reached its highest level since 2009, that’s not a cause for alarm. Here’s the context that matters most. When the data is turned into a graph, it’s clear the amount seen in 2009 wasn’t the peak of oversupply – not even close. That high point came earlier in 2007-2008. If anything, 2009 was when the number of new homes being built was really starting to slide back down (see graph below):

The overbuilding that contributed to the housing crash happened in the years leading up to 2008. Not in 2009. At that point, construction was already slowing down. So, saying we’ve hit 2009 levels isn't the same thing as saying we’re overbuilding like we did the last time. Builders Have Actually Underbuilt for Over a Decade Here’s some more data to prove it to you. After the crash, builders pulled production way back. As a result, they built far fewer homes than the market needed. And that was a consistent problem that lasted for over a decade. That long stretch of underbuilding created a major housing shortage, which is still a challenge today. The graph below uses Census data to show the number of new homes built each year over the past 52 years. You can clearly see the overbuilding leading up to the crash (in red), the period of underbuilding that followed (in orange), and how we’re only now getting back to a more normal level of construction:

Today’s situation is different. Builders aren’t overbuilding – they’re catching up. In a recent article, Odeta Kushi, Deputy Chief Economist at First American, highlights this deficit and speaks to why the recent ramp-up in construction is actually good for today’s market, especially buyers: “This means more homes on the market and more options for home buyers, which is good news for a housing market that has been underbuilt for over a decade.” Of course, like anything else in real estate, the level of supply and demand will vary by market. Some markets may have more newly built homes, some less. But, nationally, there’s nothing to worry about. This isn’t like the last time. The Takeaway No matter what you’re reading or seeing, the growing number of newly built homes on the market isn’t a red flag nationally – it's a sign builders are starting to make up for years of underbuilding. If you want to talk about what’s happening in our market, let’s connect.   THE RICH GROUP (818) 632-2258 Anita Rich - Michael Persh anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

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Earth Day Celebration Is On April 22 | The Rich Group

When is Earth Day ?

FYI... Earth Day LA is returning on Saturday, April 26, 2025 Earth Day falls on April 22nd each year. It’s like the Earth’s birthday, but instead of blowing out candles, we plant trees and clean up our messes. So mark your calendars, because on this day, Mother Earth gets the spotlight she deserves. It’s a chance to show our planet some love and make a positive impact on the environment. Now, you might be thinking, “What’s the big deal about Earth Day?” Well, let me tell you, it’s a pretty important day on the calendar. It’s a reminder for all of us to take a step back and think about how we can protect and preserve our beautiful planet. Whether you’re a small business owner or just someone who cares about the world we live in, Earth Day is a great opportunity to make a difference.

History of Earth Day

Earth Day, celebrated annually on April 22nd, marks a global acknowledgment of environmental awareness and activism. Its roots can be traced back to the late 1960s, a time when concerns about pollution, environmental degradation, and the impacts of industrialization were becoming increasingly apparent. The catalyst for Earth Day’s establishment was a combination of factors, including the publication of Rachel Carson’s groundbreaking book “Silent Spring” in 1962, which highlighted the detrimental effects of pesticides on the environment and human health. This work sparked widespread public concern about environmental issues and paved the way for increased environmental activism. The idea for Earth Day was conceptualized by Senator Gaylord Nelson, who was inspired by the student-led anti-war movement and sought to harness the energy of young people to address environmental issues. On April 22, 1970, Nelson, along with activist Denis Hayes and others, organized the first Earth Day, which saw millions of people across the United States participate in rallies, teach-ins, and clean-up efforts. Since its inception, Earth Day has grown from a grassroots movement into a global phenomenon, with events and activities taking place in over 190 countries. It has become a symbol of collective action and a reminder of the importance of protecting the planet for future generations.

How to Celebrate Earth Day

Ready to celebrate Earth Day? Discover fun ways you can make a difference by planting trees, organizing a community cleanup, or reducing your carbon footprint. Businesses can also join the movement by implementing eco-friendly practices, supporting local environmental initiatives, or hosting educational events to raise awareness. Let’s all come together to protect our planet and create a sustainable future for generations to come! How Individuals Can Celebrate Earth Day Looking to make a positive impact this Earth Day? Check out these five creative ways to celebrate the occasion and show your love for the planet. From planting trees to organizing a community cleanup, there are plenty of fun and meaningful ways to honor Earth Day and contribute to a greener future. Let’s explore some exciting ideas to inspire your Earth Day celebrations! - Organize a neighborhood tree planting event: Bring together friends, family, and neighbors to plant trees in local parks or green spaces, helping to improve air quality and promote biodiversity. - Host a sustainable potluck picnic: Encourage participants to bring dishes made from locally sourced, organic ingredients, and use reusable utensils and containers to reduce waste. - Create an upcycling workshop: Gather old materials like jars, bottles, and fabric scraps, and transform them into new, useful items such as planters, tote bags, or home décor. - Arrange a nature hike or beach clean-up: Spend the day outdoors while making a positive impact by collecting litter and debris from natural areas, helping to preserve ecosystems and protect wildlife. - Organize a community film screening: Screen documentaries or films focused on environmental issues, followed by a discussion session to raise awareness and inspire action among attendees. How Businesses Can Celebrate Earth Day Looking to make an impact this Earth Day as a business owner? Discover five innovative ways to celebrate Earth Day that will engage your employees, attract customers, and showcase your commitment to sustainability. From eco-friendly product launches to organizing community clean-up events, there are plenty of actionable strategies to infuse your operations with the holiday spirit. - Implement a “Green Challenge”: Encourage employees to participate in eco-friendly activities such as carpooling, using reusable water bottles, or reducing energy consumption, and offer incentives or rewards for those who demonstrate the most sustainable behaviors. - Host an Eco-Fair or Sustainability Expo: Invite local green businesses and organizations to showcase their products and initiatives, while also offering workshops or presentations on topics such as renewable energy, waste reduction, and sustainable practices. - Launch a Volunteer Program: Organize volunteer opportunities for employees to participate in environmental restoration projects, such as tree planting, beach clean-ups, or urban gardening initiatives, fostering team bonding while making a positive impact on the community. - Initiate a “Green Product Showcase”: Highlight environmentally friendly products or services offered by the company through promotional campaigns, discounts, or special events, emphasizing the organization’s commitment to sustainability. - Implement a Carbon Offset Program: Calculate the company’s carbon footprint and invest in carbon offset projects such as reforestation efforts or renewable energy initiatives to mitigate environmental impact, while also engaging customers by allowing them to contribute to these projects with their purchases. - #EarthDay2025 - #GoGreen - #SustainableLiving - #ReduceReuseRecycle - #ClimateAction - #ProtectOurPlanet - #EcoFriendly - #EarthDayEveryDay - #GreenBusiness - #ActOnClimate Article courtesy of Angie Gensler   THE RICH GROUP (818) 632-2258 Anita Rich - Michael Persh anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article

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The Housing Trends Updated For Q! 2025 | The Rich Group

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Townhomes! Are They A Good Choice For First Time Buyers?

Buying your first home in today’s market can feel tough. Between high home prices and mortgage rates, affordability is still a big challenge. Are townhomes a viable option? And some buyers are making one simple trade-off that’s getting them in the door faster: square footage. According to the National Association of Home Builders (NAHB), 35% of buyers are willing to purchase something smaller to make homeownership happen. And one place you can usually find a smaller footprint (and sometimes better affordability) is in townhomes. Why Townhomes Are Gaining Popularity Townhomes typically cost less than single-family homes due to their more limited size. And that’s a big plus for today’s budget-conscious buyer. As Realtor.com says: "In today's market, affordability remains a key priority for homebuyers, making townhomes an attractive option because they are often priced more reasonably than single-family homes. It makes them especially appealing to first-time homebuyers on a tighter budget . . ." So, if you're trying to buy but feeling stuck because of rising prices, shifting your focus to townhomes could be one way to get into homeownership without maxing out your budget. Builders Are Responding to the Demand Builders have seen buyers’ appetite shift to smaller homes, and they’re adjusting to meet the demand. As Joel Berner, Senior Economist at Realtor.com, explains: "Builders are making a concerted effort to provide smaller, more affordable inventory to the market in a way that the existing-home market cannot. Townhomes are a significant portion of that effort." And the numbers back it up. According to data from Realtor.com, townhomes now make up a bigger share of new construction listings than they did just a couple of years ago (see graph below):

That means, if you’re interested in this type of house, you have more choices than you would have had over the last few years. And more options that are potentially more affordable are definitely a good thing. It should make your search for your first home a bit easier. Is a Townhome Right for You? If you’ve been focused only on more traditional homes with their own yards, an agent can help you explore whether a townhome could work for you. Who knows, you may find out you love the lifestyle. A lot of people do. As an article from the National Association of Realtors (NAR) explains: “Townhomes tend to cost less than single-family detached homes and can be appealing to young professionals who may desire medium-density, walkable neighborhoods.” That’s because they’re lower maintenance, they can provide a sense of community with other residents, and they have their own unique amenities. Not to mention, they give you the chance to start building wealth through homeownership without the upkeep that comes with having your own detached, single-family home. And that can be great for first-time buyers who are a bit worried about the maintenance anyway. But they also come with some other considerations, like dealing with noise through shared walls. If you’re a renter right now, maybe you’re used to that already. But these are the types of things you’ll want to think about. And that’s where an agent’s expertise comes in. They’ll help you weigh the pros and cons, so you understand how a townhome fits into your lifestyle and long-term goals before making your decision. Bottom Line If you're struggling to find a home within your budget, it may be time to expand your search and consider options you haven’t before, like townhomes. Sometimes, compromising a little bit on space is worth it to get your foot in the door. What matters most to you — space, location, or budget? Let’s figure out where you can flex to make homeownership happen.   THE RICH GROUP (818) 632-2258 anitaisrich@gmail.com DRE#02067686 https://therichgroup.la https://linktr.ee/anitarich

          Keller Williams 12711 Ventura Blvd., #110 Studio City, CA 91604 #luxuryrealtor #realestatebroker #anitarich Read the full article