L.A. real estate news and insights.
For the general location of this Beverly Hills off-market property, in Google maps, put in "Cresent Dr. and Sunset Blvd."
The 2-story brick home has a large backyard with an oversized pool, guest house, gardens, and cabana.
Text me for more info at 818-445-7953.
Fixer Property, Asking $825K.
For the general location of this off-market Northridge property, in Google maps, put in "Reseda Blvd. and Nordhoff St."
This home has 3 bed/ 2 bath, 1,669 sq. ft. of living space, and is on a 9,735 sq. ft. lot.
The corner lot home features a large basement and a swimming pool.
Text me for more info at 818-445-7953.
Actor Walton Goggins lists his 1920’s Hollywood Hills home.
The asking price is $3,350,000.
This Art Deco-style home has 5 bed/3 baths, 3,240 sq. ft. of living space, and is on a 7,557 sq. ft. lot.
The property features an oversized wood-burning fireplace in the living room, an eat-in cook’s kitchen, a private backyard with two outdoor dining areas, a fire pit, and a pool.
The home is currently in escrow, but they are accepting backup offers.
Text me if you want a tour at 818-445-7953.
This is the longest active listing in Studio City.
It's been on the market for 255 days with no price reductions.
Asking price: $3,499,000
This home has 5 bed/4 baths, 3,397 sq. ft. of living space, and is on an 18,047 sq. ft. lot.
The very private home features gorgeous views of the canyons, a cook’s kitchen, a master suite with an upgraded bathroom, and 2 bedrooms and a bathroom on the third floor.
I bet they are open to negotiating.
Text me if you want a tour at 818-445-7953.
Foreclosures and short sales represented less than 1% of sales in January, equal to December's percentage, but down from 2% in January 2020.
Here are some national stats:
•Time on the market is now 4 days faster than last year.
•Median listing prices grew at 9.4 percent over last year.
•New listings were down 11 percent.
•Total inventory was down 35 percent.
•The West region of the U.S. continues to lead in the national housing recovery during the pandemic.
The biggest problem with this home is that it's located on one of the busiest streets in Burbank.
•2 bed, 1 bath
•973 sq. ft.
•Lot: 5,394
Want a private tour? Text me at 818-445-7953.
Since this past Spring selling season was essentially canceled due to Covid-19, the built-up buyer demand is reaching its peak right now.
If a home is reasonably priced, it is getting multiple offers, leaving many buyers frustrated and many sellers cashing in.
If you are a potential home seller, now is the time to strike.
On this episode, I answer the following four real estate questions:
1) My low ball offer was flat out rejected by the home seller. Can I still submit a new offer?
2) Are real estate taxes included with my monthly mortgage payment?
3) What is the difference between a list price and sale price?
4) The buyer for my home is not removing their inspection contingency. Can I cancel the deal?
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When the listing agent asks you to get pre-approved with their lender, don't get upset.
Understand that getting that second approval is just part of the home buying process.
Most agents won't even ask you for that second approval, but us good listing agents will.
It's done to protect the sellers.
Even though you are already approved for a loan, the listing agent for the home you are interested in may require you to go through the loan pre-approval process again, this time with their lender.
Listing agents often do this because they don't know your lender and want to make sure you truly can qualify for a loan.
The seller doesn't want to find out 3 weeks into escrow that you can't get a loan.
I personally do this 2 step approval process for all of my listings.
You would be surprised to see how many buyers don't pass the second approval process.
