This is the cheapest home for sale this week in Highland Park.
Asking price: $399,000
Text me for a private tour at 818-445-7953.
Would you pay $800k for this Highland Park home?!
Here is the cheapest home sold this week in Highland Park.
Asking price: $799,500
Selling price: $800,000
This 2-story home has 3 bed/2 bath and 1,066 sq. ft. of living space.
The home features new paint, updated flooring, and original wood stairs.
The Warehouse style garage includes an attached storage or workshop room, high ceilings, and an original oil pit for at-home car repairs.
CA median home price predicted to fall 7.1% next year
This picture was taken yesterday on the 4th of July. I was happy yesterday while participating in the wave at the Dodger game. I'm not so happy today after learning that my home's value will likely go down next year.
“It’s noteworthy,” Jordan Levine, chief economist at the California Association of Realtors, told the Los Angeles Times. “Prices are going to go down.”
Next year, he thinks the combination of job losses and higher interest rates will cause the statewide median home price to fall 7.1 percent compared with this year, with similar declines expected in Southern California.
Well, at least the Dodgers won.
SMH!! See how much this Highland Park bungalow just sold for!
Built in 1900, here is the cheapest home sold this week in Highland Park.
Asking price: $749,000
Selling price: $908,000 ($159K over asking)
This Craftsman bungalow has 1 bed/1 bath, 653 sq. ft. of living space, and is on a 1,921 sq. ft. lot.
Did the buyer overpay for this Highland Park home?
Can you guess how much this home sold for in Highland Park this week?!
Here is the cheapest home sold this week in Highland Park.
Asking price: $849,500
Selling price: $890,000
The home has 3 bed/1 bath, 1,006 sq. ft. of living space, and is on a 4,598 sq. ft. lot.
The hillside home features central AC/Heat, an eat-in kitchen, and a large laundry/mudroom.
There is a detached 2 car garage and storage space under the house.
Do you think this home is worth $890K?
Do a 1 day listing agreement to sell your home
When you list your home for sale with an agent, the first thing you need to do is determine how long you are going to give that agent an opportunity to sell your home.
The length of time is determined by you and the agent.
Nothing is set in stone.
You can do a year, 6 months (this is average), you can even do a 1-day listing agreement.
I have done plenty of 1 day listing agreements.
I use that when I want to show a home 1 time to 1 of my buyers.
Can you accept a Rolex as a deposit?
If the buyer refuses to send cash as their deposit, find another buyer.
Remember, the deposit is sent over within the first 3 days of opening escrow.
If the buyer is this difficult to work with just 3 days in, imagine how hard it will be for the rest of the 30 day escrow period.
Here's how to calculate the price per Sq. Ft. on your home
Get your calculators out!
Let’s say your home is 2,000 square feet and you want to sell it for $1,000,000.
To figure out your home’s price per square foot at that selling price is easy.
Plug into the calculator 1,000,000 (the asking price of the home) and divide it by 2,000 (the square footage of the home).
That equation equals 500 ($500 per square foot for the home).
Therefore, if your 2,000 square foot home sells at $1,000,000, the price per square foot for your home is $500.
How to calculate square footage cost
If you live in a condo, take a look at the price per square foot other units in your building have recently sold for.
That is one way to figure out what your unit is currently worth.
It's not as easy with a single-family home.
Unlike a condo, with a single-family home, you have to take the lot size into consideration as well.
