L.A. real estate news and insights.
It's been a bit of a battle for homebuyers in 2019.
They have faced heavy competition from other buyers and prices going above the asking price.
Many of them have heard "sorry, your offer has not been accepted" at least once.
Heading into the holiday season, they are now focused.
They know how the market is and are ready for war.
I am expecting a hot end to the typically slow 4th quarter of the year.
On this episode, I answer the following four real estate questions:
1) I heard the Holiday season, in general, is not a good time to sell a property. What are your thoughts?
2) I bought my home a couple of months ago and now all of a sudden I received a "supplemental tax" bill in the mail. Who is supposed to pay that tax bill, me or the previous homeowner?
3) Which month is better to put a home up for sale, January or February?
4) I'm about to close escrow and sell my home. Do I have to hire a professional cleaning company before I move out?
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Asking price: $2,899,000 Selling price: $2,750,000.
This newly constructed home is incredible!
It's a modern/farmhouse style home that is very much in demand in the Valley.
It's brand new construction, so I'm not surprised that it was the most expensive home to sell this week in Sherman Oaks.
The price per square foot of this home was calculated by dividing the asking price of the property by the square footage.
This particular home has the cheapest price per square foot for the entire city of Studio City.
Many factors should be considered when buying a home. Before putting in an offer, you should always see how the price per square foot on the home you like compares to other recently sold homes in the area.
Original List Price: $775,000 Selling Price: $666,666.
These motivated sellers unloaded their property for more than $100K below their original asking price.
The home needs a complete remodel, but because of the fairly good location (the closer you get to the airport the less desirable the property is) and the decent size of the home, the buyers should see a nice return on their investment.
"Jesse Pinkman's" house is on the market!
The original asking price earlier this year was $2,499,000.
It has now been reduced to $2,198,000.
This LA home features some incredible views and a great location!
The cheapest house sold in Sunland this week closed at $430,000.
Originally listed at $550,000, this home features a newly remodeled kitchen with original hardwood floors and will make a nice starter home.
The most expensive home sold this week in Burbank was listed at $1,099,000 and sold for $1,104,000.
Located in the charming Magnolia Park neighborhood, the area is filled with eccentric boutiques, vintage antiques, hip eateries, Porto’s Bakery, and much more.
The website 24/7 Wall St. ranked the 50-safest cities based on FBI crime stats and demographics.
Irvine topped the list and was voted safest city in America, but there were ten other SoCal cities that made the top 50.
Glendale ranked 9th on the list.
What do you think?
Is Glendale really worthy of being called the 9th safest city in America?
Echo Park has really changed over the years.
Back in the day, Echo Park was not exactly the safest neighborhood to be in.
But now it's filled with beautiful homes that demand a high price tag.
This charming “Treehouse” vertical cottage built-in 1926 makes the most of its limited space.
Has 1 bed, 1 bath on main floor and a bonus space downstairs w/ separate entrance plus a finished attic.
This home is currently on the market and is asking $819,000.
