This week's "Hot Home" is in Burbank. This one won't last - see it now!

Here is your latest “Hot Home” in Burbank.

The asking price is $1,325,000.

This Coastal Farmhouse has 3 bed/2 baths, 2,040 sq. ft. of living space, and is on a 7,844 sq. ft. lot.

The completely remodeled home features red oak flooring throughout, an open concept kitchen w/ step in pantry, and a large laundry room behind Douglas Fir barn door.

The home is next to the Chandler Bike Path and within walking distance to Burbank's eclectic Magnolia Park neighborhood.

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

This Sherman Oaks off-market property could be yours! Text me ASAP for a tour.

Off-market 2 story Duplex in Sherman Oaks available now!

The asking price is $1,300,000.

Both units have 2 bed/2 baths, with a combined total of 2,165 sq. ft. of living space, and is on a 5,250 sq. ft. lot.

Both units feature updated bathrooms, new flooring, recessed lighting, new dual pane windows, and washer and dryer.

The upstairs unit has a large deck and the downstairs unit has a private patio and yard.

Text me if you want a tour at 818-445-7953

Grammy nominated Doja Cat buys this stunning Beverly Hills home!

Doja Cat just purchased a Boho-Chic 90210 home!

The asking price is $2,185,000.

This Midcentury home has 4 bed/2 baths, 2,404 sq. ft. of living space, and is on an 8,085 sq. ft. lot.

The property features floor-to-ceiling windows, a dual-sided fireplace, top-of-the-line kitchen appliances, an open-air shower and built-in soaking tub in the master bathroom, and a full basement with 2 large storage rooms.

The private backyard has a swimming pool and lots of outdoor seating.

Welcome to LA!

How much home is too much for luxury buyers?

Homes in the top 1% by price that are between 5,000 and 10,000 square feet were the fastest-selling in the luxury sector in 2020, averaging 97 days on the market, according to realtor.com® data.

In contrast, homes between 2,000 and 5,000 square feet averaged 102 days to sell.

Homes larger than 10,000 square feet averaged 126 days to sell.

So far in 2021, midsized luxury homes—between 5,000 and 10,000 square feet—are continuing to sell the fastest, averaging 110 days on the market.

Larger homes—more than 10,000 square feet—are taking 127 days to sell, while homes between 2,000 and 5,000 square feet are averaging 113 days.

Source: Mansion Global

Take a virtual tour of my new brand new listing in Burbank!

Looking for a 4 bedroom home in Burbank?

Just down the street from the Chandler bike path you have this awesome 4 bed/2 bath home!

There are 1,805 sq. ft. of living space on a 7,010 sq. ft. lot.

The home features an open kitchen, a huge master bedroom with an en suite bathroom that has a tub and double sink vanity, and 3 other spacious bedrooms, perfect for a large family.

There is also a bonus structure in the backyard that could potentially be turned into an ADU (check with the city).

If you’re looking for a hard-to-find 4 bedroom home in Burbank, at a great value, this just might be the home for you.

Text me for a private tour at 818-445-7953.

For more info visit NaomiStreet.com.

Don't miss out on my latest off-market property in Burbank!

Off Market Property in Burbank!

The asking price is $1,800,000.

This Mediterranean style home has 4 bed/4 baths, 3,396 sq. ft. of living space, and is on a 6,949 sq. ft. lot.

The property features a formal living and dining room, chef's kitchen w/ stainless steel appliances, and a master bedroom with fireplace and large balcony.

The backyard has a rear porch and large deck along with an outdoor BBQ and fruit trees.

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

Calling all first time homebuyers! You must see my new listing in Tujunga.

33 showings set this weekend for my new Tujunga listing!

Don't worry, I can still get you in.

First-time home buyers, here is your latest Tujunga listing!

This 2 bed/1 bath home is move-in ready and features a beautifully remodeled kitchen with stainless steel appliances, soft close cabinets, and a washer and dryer.

There are also solar panels, central AC/heat, new insulation, and the living room has built-in speakers with Dolby Atmos set up.

From your smartphone you can control the nest thermostat, ring security cameras, sprinklers, and the garage door.

The garage has a gas line, permitted bathroom, and has major potential for an ADU.

If you are looking for a move-in-ready property, that would make a perfect starter home, all at a great value, this just might be the property for you.

Text me for a private tour at 818-445-7953.

For more info visit WilseyHome.com.

Rihanna bought this AWESOME Beverly Hills mansion! Take a look inside.

Rihanna, the wealthiest female musician across the globe - worth $600M, just bought a Beverly Hills Mansion!

The selling price is $13,750,000.

This home has 5 bed, 7 baths, 7,628 sq. ft. of living space, and is on a 22,022 sq. ft. lot.

The property features a chef’s kitchen, cocktail bar, formal living and family areas, and French Oak flooring.

The multi-level outdoor space has a grand outdoor terrace, pool, spa, and firepit.

Cash-out refis surged 42%

We have to keep an eye on this because cash-out refis were a cause of concern in the run-up to the 2008 financial crisis as borrowers increasingly sought refuge in their homes to generate extra finances.

But when home prices fell, many homeowners were left owing more on their homes than they were worth.

Cash-out refis surged 42% year over year in 2020.

With a cash-out refi, homeowners pay off their old mortgage and start a new one that allows them to have extra cash left over.

On average, borrowers who took a cash-out refi last year withdrew $50,000, which is down from $59,000 the year before.

Economists say they aren't concerned—at least yet.

After all, home prices are still rising. During the financial crisis in 2008, home prices started to drop.

Source: New York Federal Reserve office and Freddie Mac.

Behold this week's cheapest price per sq. ft. home that sold in Sherwood Forest. 👍👍

This is the cheapest home sold per square foot this week in Sherwood Forest.

The selling price was $1,395,000.

The selling price per square foot was $356.50.

This completely rebuilt from the slab up home has 5 bed/6 baths, 3,913 sq. ft. of living space, and is on a 16,000 sq. ft. lot.

The property features an open floorplan w/ wood-like, waterproof laminate flooring, recessed lighting, dual-pane windows & doors, and a brick patio surrounds the in-ground pool in the backyard.

Do you like this style of home?