This is the best fixer-upper for sale this week in Van Nuys!
Asking price: $699,000
This home has 4 bed/2 bath, over 1,700 sq. ft. of living space, and is on a 7,600 sq. ft. lot.
Text me for a private tour at 818-445-7953.
HGTV's Brady Bunch house sold for millions less! What's next for the iconic home?
The Brady Bunch house sells for way below the asking price.
This home has 5 bed/5 bath,5,140 sq. ft. of living space, and is on a 12,573 sq. ft. lot.
Asking price: $5,500,000
Selling price: $3,200,000
House Hunters Renovation Exclusive: Watch your favorite Broker on HBO's Max!
On HBO Max, search "House Hunters Renovation".
Then look for Season 9, Episode 4 - Three Agents, One Renovation.
You can also watch at HouseHuntersRenovation.com.
Iconic Brady Bunch house hits the market: Your chance to own TV history!
This is considered the 2nd most photographed home in the USA after the White House!
HGTV purchased ‘The Brady Bunch’ home and recreated the show's interior design into a near-exact replica of the show's 1970s decor.
Text me if you want a tour: 818-445-7953.
Do you think this turn-key home is worth the high price tag in Burbank?!
Here is the most expensive home sold this week in Burbank.
Asking price: $2,269,000
Selling price: $2,150,000
This custom-built Craftsman has 4 bed/5 bath, 3,581 sq. ft. of living space, and is on a 7,020 sq. ft. lot.
The completely rebuilt home features a finished basement, an eat-in kitchen with a custom island, a formal dining room, and the living room has a fireplace and wet bar.
The private backyard has a patio, and a recently renovated BBQ area featuring a high-end grill and brick oven.
Presenting this week's cheapest home sold in Chatsworth!
Here is the cheapest home sold this week in Chatsworth.
Asking price: $645,000
Selling price: $705,000
This home has 3 bed/3 bath, 1,300 sq. ft. of living space, and is on a 2,627 sq. ft. lot.
The renovated property features new flooring, a newer A/C and heating system, a newer electrical panel, and copper plumbing.
Over 5M borrowers missed refinancing savings
The number of owners who can save by refinancing is down by more than half from the start of this year to 5.9 million, according to Black Knight data. Black Knight considers refinance candidates as 30-year mortgage holders who have a maximum 80% loan-to-value ratio, a credit score of 720 or higher, and a likelihood of reducing their current first-lien by at least 0.75%.
The average 30-year fixed-rate mortgage has climbed by about 50 basis points in the first weeks of the year.
Still, even with recent mortgage rate increases aside, many of those 5.9 million borrowers could still see savings of $275 a month per borrower, according to Black Knight. More than 1 million of them could save at least $400 a month, and 661,000 borrowers could trim $500 or more from their monthly mortgage at current rates.
The remaining borrowers may have missed the opportunity to save by not refinancing when mortgage rates were below 3%. The number of refinance candidates has dropped significantly from about 11 million at the start of the year and is down by about 20 million in late 2020.
Mortgage applications to refinance a home are down by half from a year ago, the Mortgage Bankers Association reports.
Nearly 18 million homeowners have refinanced over the last two years.
While many homeowners over the last two years have taken advantage to lower their mortgage payments, they’ve also quickly accumulated equity, in record amounts. A sharp increase in home prices has meant that, in the last year, homeowners have gained an average of $50,200 in equity, according to data from the National Association of REALTORS®.
Transform this fixer-upper "HOT HOME" into the home of your dreams!
CLICK HERE to see my episode of "House Hunters Renovation"!
“Hot Home” alert in Sierra Madre.
Asking price: $1,198,000
This fixer-upper has 3 bed/2 bath, 1,794 sq. ft. of living space, and is on a 10,439 sq. ft. lot.
The home features original hardwood floors, a stone fireplace, laundry room, attached garage, stone driveway, solar panels, and central AC.
The backyard has a covered patio, wood decking, and a fenced-off pool.
Text me if you want a tour at 818-445-7953.
Be surrounded by IMPECCABLE views in this "HOT HOME" for sale now!
Text me if you want a tour at 818-445-7953.
“Hot Home” alert in Studio City.
Asking price: $1,999,000
Mid Century Modern home - 4 bed/3 bath, 2,247 sq. ft. of living space, on a 7,996 sq. ft. lot.
The home features endless views from the 2 decks on the main floor and the private decks off every bedroom.
There are also high-end security doors, a camera system with an alarm, and low maintenance garden outdoors.
Check out this "Hot Home" with ADU available NOW Lake Balboa!
Text me if you want a tour at 818-445-7953.
“Hot Home” alert in Lake Balboa.
Asking price: $1,075,000
The main house and ADU have a combined 5 bed/3 bath, 2,338 sq. ft. of living space, and is on a 6,517 sq. ft. lot.
The home features an open floor plan, a laundry area in the bonus room, and an ADU that is ready to bring in rental income.
Would you invest in a 1 bedroom condo in Hollywood - yay or nay?
Here is the cheapest condo sold this week in Hollywood.
Asking price: $465,000
Selling price: $479,000
This condo has 1 bed/1 bath and 824 sq. ft. of living space.
The newly remodeled condo features recessed lighting, in-unit washer/ dryer hookups, newly painted throughout, dual pane windows, and an upgraded electrical panel.
Do you think a 1 bedroom condo is a good investment?
2 Hot Home updates. Watch now!
Here's an update on 2 "Hot Homes" from earlier this year.
Hot Home #1: Hermosa Dr., San Gabriel
Asking price: $1,495,000
Sold price: $1,660,000
Hot Home #2: Rossmore Ave., Los Angeles
Asking price: $12,375,000
Sold price: $10,000,000
ATTENTION - There's a "Hot Home" in Echo Park's Elysian Heights available now!
“Hot Home” alert in Echo Park’s Elysian Heights.
Asking price: $2,349,000
This A-frame cabin has 4 bed/3 bath, 2,676 sq. ft. of living space, and is on a 7,500sq. ft. lot.
The home features a detached 172 sq. ft. office space and an 1800 sq. ft. refinished deck that offers hillside/DTLA skyline views.
Text me if you want a tour at 818-445-7953.
This week's HOT HOME has something special for basketball lovers in the backyard. Take a look!
Don't worry, I got a guy that can change the court to Laker purple and gold for you.
“Hot Home” alert in Toluca Woods.
Asking price: $2,300,000
This 2 story home has 4 bed/4.5 bath. 3,587 sq. ft. of living space and is on an 8,101 sq. ft. lot.
Text me if you want a tour at 818-445-7953.
Job growth may fuel higher mortgage rates
Mortgage rates remain below 3% for the eighth consecutive week, but economists believe job growth will determine how much longer they'll likely stay so low. The 30-year fixed-rate mortgage averaged 2.87% this week, Freddie Mac reports.
“Job growth seems to be very critical for the following several months as it will indicate when the Fed’s tapering will likely start,” Nadia Evangelou, a senior economist and director of forecasting for the National Association of REALTORS®, writes for the association’s blog. “There is ample talk about the Fed cutting its monthly bond purchases before the end of the year.”
The Fed’s asset purchases have helped keep rates lower than they otherwise would be, Evangelou adds. “Expect mortgage rates to rise further when the Fed will raise interest rates since rising interest rates increase the cost of mortgages,” she notes.
