LA

Burbank's Warner Bros. Studio Development secures $480M loan!

I'm hoping the writer and actor strikes are over before this development is completed.

This enchanting English Tudor home is for sale in the neighborhood of Sherwood Forest! Must see!

This is the most unique home for sale in Sherwood Forest.

This Custom-built English Tudor home has a total of 7 bed/7 bath, 5,978 sq. ft. of living space, and is on a 13,502 sq. ft. lot.

The property features a main home, a guest house, an outdoor waterfall shower, and a newly renovated pool and spa in the backyard.

Asking price: $2,099,000

Text me if you want a tour: 818-445-7953.

See the smallest home sold this week in LA - small in size but has big potential!

Here is the smallest home sold this week in LA.

This tiny home has 2 bed/1 bath, 662 sq. ft. of living space, and is on a 2,925 sq. ft. lot.

This off-market home in Monrovia has it all! Don't miss out on making it yours!

For the general location, in Google maps, put in "Foothill Blvd. and Sunset Pl."

This newly remodeled home has 3 bed/2 baths, over 2,400 sq. ft. of living space, and over 9,000 sq. ft. for the lot.

The home features a 1 bed/1 bath guest house attached to the 2-car garage that provides $1,400 per month in rental income.

There is a pool in the backyard, along with a garden area.

Text me for more info at 818-445-7953.

Take a look at my newest off-market property in Glassell Park! Available now!

For the general location, in Google maps, put in "Eagle Rock Blvd. and Avenue 33."

Asking price: $950,000

3 bed/1 bath, 1,161 sq. ft. of living space, and 8,487 sq. ft. for the lot.

The home features an updated kitchen and bathroom, along with new windows, central air/heat, and has been newly painted inside and out.

The oversized backyard allows room for the home to be expanded.

Text me for more info at 818-445-7953.

LA home prices in July slipped 4.3% from June

Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June.

San Jose, California saw the most significant pullback, with the average home price now down 10% in recent months, followed by:

Seattle, Washington (-7.7%)

San Francisco (-7.4%)

San Diego (-5.6%),

Los Angeles (-4.3%)

Denver, Colorado (-4.2%).

Source: Black Knight, a software, data and analytics company.

Eviction Moratorium has expired... for some

Landlords will once again be allowed to take their tenants to court over missed rent payments, but not if the rental property is in the city of Los Angeles.

Here is a breakdown of what's going on with the eviction moratorium:

State of California: The eviction moratorium officially expired.

Los Angeles County residential properties: The eviction moratorium officially expired.

Los Angeles County commercial properties: The eviction moratorium expires on 1/2022.

Los Angeles City: The eviction moratorium expires on 10/2022.

Eviction Moratorium has expired... for some..jpg

LA is USA's 2nd least affordable housing market

I know Los Angeles is expensive, but I didn't know we rank #2!

LA has again ranked as the country’s second least affordable city for prospective homebuyers, according to a report published Monday by the website RealtyHop. The report states a family making the median income ($62,000) would have to spend over 80 percent of it on mortgage payments and property taxes.

New York, with a slightly higher median home price, ranked as even less affordable, with the average family there required to fork over 82.9 percent of income in order to buy a median-priced home.

L.A.’s median home listing price in August was $940,000. In June, when it was $955,000, the city ranked as the country’s least affordable, and New York ranked a narrow second.

What's a "Mello-Roos" tax?

☠️Beware the Mello-Roos tax☠️

Episode 16 of The #AskDanielLosAngeles Show

On this episode, I answer the following 4 real estate questions:

1) I noticed some listings say there is a Mello-Roos tax. What's that?

2) On some real estate websites there are listings that get tagged as a "hot home". How can I get my property to show up as a "hot home"?

3) I'm thinking about selling my condo soon. What are some of the must have's for a buyer?

4) I got a voicemail from someone saying that they want to buy my house for top dollar. Is this a scam?

Have a real estate question you want answered on the show? Email the question to Daniel@ContempoRealtors.com

How can I raise my credit score in 6 months?

Do you think this hack is worth the time you have to invest into it?

This is the only free way I know of that can raise your credit score.

The best Tudor home in Glendale to sell this week

Would you ever buy a Tudor home?

Here is one of my favorite Tudor homes to sell this week in Glendale, CA.

Should I get the square footage on my homes tax records fixed?

Thank goodness I gave the county assessor the info he needed in order to change the square footage reflected on my properties public tax record!

Having the correct record made a huge difference when I sold my property.

Tell your Los Angeles friends we can help them achieve their real estate goals

Without your help, our real estate business would be dead.

— Thank you for telling your friends and family about our real estate services.

— It means the world to us that you have been sharing our message with homeowners who are ready to make a move.

— Call or text any time to discuss your real estate needs 818-445-7953

What are the ways a seller can back out of a real estate deal in Los Angeles

If the buyer is not releasing one of their purchase contingencies, your agent has to send the buyer a notice to perform.
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If the buyer still does not respond to your notice, have your agent send a escrow cancellation form.
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At that point, the buyer either responds or you have to cancel escrow and find another buyer.