After a “quiet” beginning to the year, the L.A. market is picking up, says Michael Nourmand. “There’s a lot of money in this city,” says the Beverly Hills native, who sold the Charlton Heston estate for $12.2 million last year. “The days of L.A. being a bargain are long gone,” says Myra Nourmand. “The dollar is strong, so the price for foreign buyers is fair, but no longer a deal,” says Maize. “Although L.A. is less affordable than other cities, buyers are comfortable that their investments will hold their value.” Maize is listing the home of the late Freddie Fields for $13.85 million.
