homeremodel

Calling all renovators: Tour this Studio City fixer-upper now!

This is the best fixer-upper for sale in Studio City.

This Coldwater Canyon home has 5 bed/5 bath, 4,500 sq. ft. of living space, and is on a 7,573 sq. ft. lot.

Asking price: $1,825,000

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

Uncover Hollywood's best fixer-upper for sale this week!

Here is the best fixer-upper for sale this week in Hollywood.

This Lake Hollywood Knolls home has 3 bed/2 bath, 2,622 sq. ft. of living space, and the lot is almost 80,000 sq. ft.

Asking price: $1,650,000

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

Home sales surge to record pace in June

The California housing market rebounded in June with its largest month-to-month sales increase in nearly 40 years.

Reversing a two-month consecutive drop below 300,000 units caused by the coronavirus pandemic, June’s sales total climbed 42.4 percent from 238,740 in May and was down 12.8 percent from a year ago, when 389,730 homes were sold on an annualized basis.

The month-to-month increase was the largest since C.A.R. began reporting monthly sales in January 1979.

Source: California Association of Realtors

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"DATED HOMES" no longer a deal breaker

Move-in ready homes are still very high in demand, but with the housing inventory being tight, buyers are not so quick to dismiss those homes that need a little more TLC as they have done so in the past.

If you have time to oversee the remodel, have cash on hand to pay for the remodel, and are up for the challenge, I suggest getting a fixer-upper.

That is how you build wealth in real estate.

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