construction

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.

Builders call new-home market ‘unhealthy and unsustainable’

Forced to slow down construction as buyer demand plummets, builders predict lower home starts through 2023.

Single-family home starts dropped in September and were down 5.6% since the beginning of the year, the Commerce Department reported this week. Multifamily construction has dropped 13.2%.

Builders are blaming rapidly rising mortgage rates, ongoing supply chain disruptions, and affordability challenges for the rapid pullback in the new-home market. “High mortgage rates approaching 7% have significantly weakened demand, particularly for first-time and first-generation prospective home buyers,” says National Association of Home Builders chairman Jerry Konter. “This situation is unhealthy and unsustainable".

Survey: 94% of Sellers Don’t Disclose Property Defects

In a recent small survey, more than 90% of homebuyers say they found at least one issue with their home after the transaction that the seller didn’t disclose, according to a new survey from Cinch Home Services, a home warranty company. Even more alarming is that 94% of sellers admit to selling their homes without disclosing a known issue.

The top three problems buyers discovered after closing involved the electrical system, fixtures, and plumbing. The survey shows the majority came from unpermitted repairs and upgrades.

Source: Survey of 494 homebuyers and 476 sellers within the last year conducted by Cinch Home Services

Builders & Investors! Don't snooze on this Silicon Beach property with approved RTI permits!

For questions call/text the listing agent, Daniel Madariaga, at 818-445-7953. For more info visit CentinelaHome.com.

Attention Builders! This Silicon Beach property comes with fully approved RTI permits to build a 3-story duplex, with an attached ADU, all with an amazing rooftop deck.

Each unit has 3 bedrooms. Two units have 3 ½ baths, and one has 2 ½ baths. The plans also include an attached 1-car garage and 3 uncovered parking stalls.

Located close to Playa Vista, this property is just feet away from the Ballona Creek bike path, which takes you directly to the beach.

If you're looking to build three new units in Silicon Beach, all at a great value, this might be the property for you. RTI permits are available upon request.

ATTENTION Los Angeles Builders! Don't miss out on this GREAT development opportunity!

Attention Builders!

4058 Mckinley Ave. is a development opportunity for a three-story 5 bed/5 bath 1,923 sq. ft. single-family home with an attached one-car garage and a two-story 3 bed/3 bath 1,122 sq. ft. ADU.

This site is located in a great area, just 1.6 miles away from the University of Southern California and the LA Memorial Coliseum.

Ready To Issue (RTI) permits are coming soon.

So if you’re looking to build a large home with a big ADU, all at a great value, this just might be the property for you.

Floor plans and Record of Survey are available upon request.

For more info text the Listing Agent - Daniel Madariaga at 818-445-7953.

The ugly truth about the cheapest home to hit the Burbank market this week

This completely remodeled home is the cheapest property to hit the market this week in Burbank.

Located on Clybourn Ave. this 3 bed, 2 bath single-family home is listed for $779,000.