JUST SOLD!
Represented sellers.
19855 Via Kalban
Newhall, CA 91321
Selling price: $745,000
3 Bed | 3.5 Bath
Congratulations to my sellers and thank you for trusting me to get the job done!
Vanderpump Rules stars are parting ways & selling their Valley Village home!
‘Vanderpump Rules’ stars Katie Maloney & Tom Schwartz list their Valley Village home.
This Cape Cod Contemporary home has 4 bed/5 bath, 3,593 sq. ft. of living space, and is on a 5,975 sq. ft. lot.
The home features an open concept floor plan, a professional chef's kitchen with a walk-in pantry, and glass pocket doors that open to an outdoor living area with a fireplace and TV.
The backyard has a fountain-fed pool, spa, and grassy lawn.
Text me if you want a tour at 818-445-7953.
#vanderpumprules #katiemaloney #tomschwartz
Your search is over! Make this beautiful, turnkey townhome in Santa Clarita yours!
Located on a cul-de-sac in the Valle Di Oro gated community, you will find this beautiful 3 bed/3.5 bath townhome. This move-in-ready home has two master ensuites, with large bathrooms highlighting an oversized tub, shower, and walk-in closet.
There is also a separate two-room guest suite that occupies an entire floor. The guest suite has a living room, full bathroom, walk-in closet, and direct access to a spacious patio. The large kitchen has granite countertops, custom cabinets, and stainless-steel appliances. A loft overlooks the living room, which would make a perfect office space.
Other features include high vaulted ceilings, recessed lighting, central AC/Heat, a large laundry room, two balconies, a two-car attached garage, and plenty of guest parking. The community includes a spacious pool, relaxing spa, BBQ area, and is pet friendly. No Mello-Roos!
If you are looking for a move-in ready townhome, with two master suites and a separate guest suite, at a great value, this just might be the home for you.
To set up an appointment call/text the listing agent, Daniel Madariaga, at 818-445-7953. The listing agent can write up your offer on your behalf.
For more info visit SantaClaritaTownhome.com.
Own a piece of LA history with this verified, surviving Bunker Hill Victorian home!
The John Wesley Ellis Residence is the only verified surviving Bunker Hill home in LA.
Bunker hill, which originated in 1867, became famous for the upper-class residences of LA. The dominant architecture of the community was Queen Anne and Eastlake Victorians. Eventually, people moved away to places like Beverly Hills and Pasadena. By 1955, LA city planners decided that Bunker Hill required a massive slum clearance project. Most homes were demolished and replaced with skyscrapers. This home was moved to its new location to be saved from being destroyed.
The home has been entirely customized and restored by the current owner.
This Victorian home has 6 bed/4 bath, 3,276 sq. ft. of living space, and is on a 5,456 sq. ft. lot.
Asking price: $2,995,000
Text me if you want a tour at 818-445-7953.
Contract signings hit slowest pace in 10 years
The housing market is slowing: Pending home sales fell 3.9% in April, marking the sixth consecutive month for declines and the slowest pace in nearly 10 years.
The National Association of Realtors Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—was down 9.1% in April compared to a year earlier.
Source: National Association of REALTORS
Can you turn this fixer-upper in Reseda into your dream home?!
Here is the best fixer for sale this week in Reseda.
Asking price: $699,900
This home has 3 bed/2 bath, 1,151 sq. ft. of living space, and is on a 10,851 sq. ft. lot.
The single-story home is at the end of a cul-de-sac and is on an oversized lot—plenty of room to expand.
Text me if you want a tour at 818-445-7953.
Median home values in LA have gone up 280%
Los Angeles’ median home value in 2000 was around $231,000. That number has jumped to $878,000 in 2022 – a 280% increase.
Mortgage rates surge to 4.42%
Elevated inflation and the Federal Reserve’s monetary tightening policy drove the latest leap in mortgage rates this week. Since the beginning of this year, mortgage rates have jumped by 1.2%. The typical home buyer would need to spend $250 more every month to be able to purchase a home, Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®, writes on the association’s blog.
The 30-year fixed-rate mortgage moved up to a 4.42% average this week, more than a quarter of a percentage point compared to last week, Freddie Mac reports in its latest mortgage market survey. Rates continued to rise across loan types. “Rising inflation, escalating geopolitical uncertainty, and the Federal Reserve’s actions are driving rates higher and weakening consumers’ purchasing power,” says Sam Khater, Freddie Mac’s chief economist. “In short, the rise in mortgage rates, combined with continued house price appreciation, is increasing monthly mortgage payments and quickly affecting home buyers’ ability to keep up with the market.”
30-year fixed-rate mortgages: averaged 4.42%, with an average of 0.8 points, rising from last week’s 4.16% average. Last year at this time, 30-year rates averaged 3.17%.
Source: Freddie Mac and “Instant Reaction: Mortgage Rates, March 24, 2022,” National Association of REALTORS® Economists’ Outlook blog (March 24, 2022)
5 offers per home sold
On average, there were nearly five offers for every home sold in February, higher than in recent months, according to the February 2022 REALTORS® Confidence Index Survey. Real estate professionals who were surveyed reported more than five offers, on average, in Massachusetts, Georgia, Texas, Colorado, Utah, Washington, and California.
Nationwide, 48% of buyers’ offers were above the list price, according to NAR’s data. On average, those offers were about 2.9% above the list price; on the median-priced home, that would be about $10,000 over the asking price. However, 13% of the offers were 10% above the list price.
Real estate pros report that in general their buyers typically lose two homes before succeeding on the third try, according to the study.
Homes are selling quickly under the intense competition. Eighty-four percent of listings were on the market for less than a month.
“Competition could intensify in 2022 before waning in 2023 as home buyers compete to lock in at the current rates,” Gay Cororaton, a research economist for NAR, writes on the association’s blog. “Mortgage rates may rise more steeply in 2023.”
Source: “February 2022 REALTORS® Confidence Index Survey: Buyer Competition Intensifies to 5 Offers Per Home Sold,” National Association of REALTORS® Economists’ Outlook blog (March 18, 2022)
