With 2,770,576 views across all my social media platforms, my 2nd most-watched video of 2023 was about this for sale home that is located on a bridge!
This is what affordable housing in LA looks like! #repost
LA County home median sale price jumps $30K.
LA County home median sale price jumps $30,000 from July to August.
Fixer-Upper Opportunity - Explore the cheapest home for sale this week in Burbank!
Here is the cheapest home for sale this week in Burbank.
Text me for a private tour at 818-445-7953.
This home has 1 bed/1 bath, 600 sq. ft. of living space, and the lot is just under 2,700 sq ft.
Asking price: $699,000
U.S. Home Purchase Applications Hit 27 Year Low
Here is another sign that there are not enough homes for sale on the market.
If we had more housing inventory, we would not have this issue. I am still seeing strong buyer demand out in the field.
The long-awaited sale: Update on the cheapest home for sale in LA!
I first told you about this property back in 2020 when it initially went on the market. It has taken this long to sell!
This fixer-upper has 1 bed/1 bath, 716 sq. ft. of living space, and is on a 2,771 sq. ft. lot.
The property sold in as-is condition for all-cash.
Revised predictions for what will happen to home prices by the end of 2023:
The original 2023 forecasts (released in late 2022) for all of these organizations called for home prices to fall.
Looks like they have all changed their tune.
Zillow said... Redfin said... Realtor.com said...
Keep in mind Zillow recently lost $880,000,000 on their failed home-flipping business... they are not the best at predicting market trends.
Where do you think home prices will go by the end of 2023?
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.
Mortgage rates hit their highest point since 2000!
The average rate on a 30-year fixed mortgage has hit 7.48%, according to Mortgage News Daily.
Mortgage rates jumped, following a rise in bond yields driven by investors’ concerns that high interest rates and inflation will linger longer than expected.
Get More for Less: This week's cheapest fixer-upper in Pacoima!
Here is the cheapest home for sale this week in Pacoima.
This fixer-upper home has 3 bed/1 bath, 1,122 sq. ft. of living space, and is on a 7,758 sq. ft. lot.
Text me if you want a tour: 818-445-7953.
Listings fell to a 12-year low for June
Southern California’s housing market continued rebounding in June, despite below-average sales and the highest mortgage rates in seven months.
With inventory at the lowest level for a June in a dozen years, even this year’s diminished demand exceeds the number of homes for sale, driving up prices.
As a result, the median price of a Southern California home — or price at the midpoint of all sales — was $730,000 in June, CoreLogic reported.
That’s down just 0.7% or $5,000, from a year earlier. It also follows four months of off-and-on price gains that brought the region’s median within $20,000 of the all-time high of $750,000 reached in April 2022.
Millennials Are Losing the Home-Buying Edge to Baby Boomers
Baby Boomers have officially taken over! They now represent 39% of all home purchases.
Millennials have dropped down to 28% of home purchases.
Open House!
Saturday, August 5th
1:00 PM - 4:00 PM
18435 Keswick St #12
Reseda, CA 91335
Asking Price: $549,999
2 Bed | 2.5 Bath | 1,330 Sq. Ft.
For more info, visit ResedaTownHouse.com.
Calling all homebuyers: View this 2-Story townhouse for sale in Reseda!
For more info go to ResedaTownhouse.com
Asking price: $549,999
18435 Keswick St #12
Reseda, CA 91335
2 Bed | 2.5 Bath | 1,330 Sq. Ft.
If you are looking for a move-in ready townhome with a backyard, in a gated complex, all at a great value, this just might be the home for you!
Text me if you want a tour: 818-445-7953.
A Dream Project: Sydney Sweeney buys 1930s Bel Air property!
Sydney Sweeney just bought this 1930s Bel Air estate!
This home has 5 bed/4 bath, 4,477 sq. ft. of living space, and is on 1.25 acres.
The existing 2-story main house and guest house are likely teardown candidates.
The park-like land has mature trees and an extra large swimming pool.