This Sunday, July 9th
1:00 PM - 4:00 PM
5708 Mammoth Ave.
Valley Glen, CA 91401
Asking Price: $1,199,995
3 Bed | 2 Bath | 1,600 Sq. Ft.
For more info, visit ValleyGlenProperty.com
Exquisite Remodeled Home in Valley Glen | Must-See Features | For Sale Now!
For a private tour, call/text the listing agent, Daniel Madariaga, at 818-445-7953.
For more info, visit ValleyGlenProperty.com
Asking price: $1,199,995
Located in a great Valley Glen neighborhood, you will find this completely remodeled home that has 3-bedrooms plus a versatile 4th room, ideal for another bedroom or office, and 2-bathrooms!
The beautiful kitchen showcases custom cabinets, stainless steel appliances, and a convenient washer and dryer area. The primary bedroom has an ensuite bathroom and a walk-in closet.
Other highlights include a sparkling swimming pool, tankless water heater, recessed lighting, fireplace, Tesla charger, refinished patio, and vinyl fencing for extra privacy.
If you are looking for a beautifully remodeled home in Valley Glen, with 3 bedrooms and a 4th room that could also be used as a bedroom/office, with a swimming pool, all at a great value, this just might be the home for you!
Internet personality Gabbie Hanna's colorful Studio City home hits the market!
YouTuber turned TikToker Gabbie Hanna lists Studio City home.
This Cape Cod style home has 5 bed/5 bath, 3,100 sq. ft. of living space, and is on a 6,638 sq. ft. lot.
Asking price: $3,088,000
Text me if you want a tour: 818-445-7953.
Make this "Hot Home" in Sherman Oaks yours NOW!
“Hot Home” alert in Sherman Oaks.
Asking price: $2,099,000
This newer construction home has 3 bed/4 bath, 3,329 sq. ft. of living space, and is on a 6,133 sq. ft. lot.
The home features an open floor plan, chic family room with double glass doors giving access to the backyard.
Outside there is a large covered patio with a fireplace, heated saltwater pool and spa, built-in BBQ, pizza oven, and sound system.
Text me if you want a tour at 818-445-7953.
Do you want to live in Leonardo DiCaprio's Los Feliz home?! Then text me ASAP!
Leonardo DiCaprio just listed his Red Oak Manor in Los Feliz.
Asking price: $5,750,000
This Tudor/Traditional home has 5 bed/8 bath, 4,644 sq. ft. of living space, and is on a 9,694 sq. ft. lot.
The private home features large-scale rooms, 3 fireplaces, vaulted ceilings, and French doors.
There is a gourmet eat-in kitchen with a walk-in pantry. 2 master suites with marble baths and large closet space.
There is a pool and spa in the backyard along with a gated driveway and privacy hedges around the property.
Text me if you want a tour at 818-445-7953.
LA real estate prices rise for 11th consecutive year
L.A.’s already pricey real estate market is getting pricier.
Los Angeles County’s 2021 Assessment Roll, which looks at all taxable property in the county as of Jan. 1, grew by $62.9 billion to $1.76 trillion — that’s the 11th consecutive annual increase.
This week's "Hot Home" is in Burbank. This one won't last - see it now!
Here is your latest “Hot Home” in Burbank.
The asking price is $1,325,000.
This Coastal Farmhouse has 3 bed/2 baths, 2,040 sq. ft. of living space, and is on a 7,844 sq. ft. lot.
The completely remodeled home features red oak flooring throughout, an open concept kitchen w/ step in pantry, and a large laundry room behind Douglas Fir barn door.
The home is next to the Chandler Bike Path and within walking distance to Burbank's eclectic Magnolia Park neighborhood.
Text me if you want a tour at 818-445-7953.
Take a virtual tour of my new brand new listing in Burbank!
Looking for a 4 bedroom home in Burbank?
Just down the street from the Chandler bike path you have this awesome 4 bed/2 bath home!
There are 1,805 sq. ft. of living space on a 7,010 sq. ft. lot.
The home features an open kitchen, a huge master bedroom with an en suite bathroom that has a tub and double sink vanity, and 3 other spacious bedrooms, perfect for a large family.
There is also a bonus structure in the backyard that could potentially be turned into an ADU (check with the city).
If you’re looking for a hard-to-find 4 bedroom home in Burbank, at a great value, this just might be the home for you.
Text me for a private tour at 818-445-7953.
For more info visit NaomiStreet.com.
Don't miss out on my latest off-market property in Burbank!
Off Market Property in Burbank!
The asking price is $1,800,000.
This Mediterranean style home has 4 bed/4 baths, 3,396 sq. ft. of living space, and is on a 6,949 sq. ft. lot.
The property features a formal living and dining room, chef's kitchen w/ stainless steel appliances, and a master bedroom with fireplace and large balcony.
The backyard has a rear porch and large deck along with an outdoor BBQ and fruit trees.
Text me if you want a tour at 818-445-7953.
Calling all first time homebuyers! You must see my new listing in Tujunga.
33 showings set this weekend for my new Tujunga listing!
Don't worry, I can still get you in.
First-time home buyers, here is your latest Tujunga listing!
This 2 bed/1 bath home is move-in ready and features a beautifully remodeled kitchen with stainless steel appliances, soft close cabinets, and a washer and dryer.
There are also solar panels, central AC/heat, new insulation, and the living room has built-in speakers with Dolby Atmos set up.
From your smartphone you can control the nest thermostat, ring security cameras, sprinklers, and the garage door.
The garage has a gas line, permitted bathroom, and has major potential for an ADU.
If you are looking for a move-in-ready property, that would make a perfect starter home, all at a great value, this just might be the property for you.
Text me for a private tour at 818-445-7953.
For more info visit WilseyHome.com.
Cash-out refis surged 42%
We have to keep an eye on this because cash-out refis were a cause of concern in the run-up to the 2008 financial crisis as borrowers increasingly sought refuge in their homes to generate extra finances.
But when home prices fell, many homeowners were left owing more on their homes than they were worth.
Cash-out refis surged 42% year over year in 2020.
With a cash-out refi, homeowners pay off their old mortgage and start a new one that allows them to have extra cash left over.
On average, borrowers who took a cash-out refi last year withdrew $50,000, which is down from $59,000 the year before.
Economists say they aren't concerned—at least yet.
After all, home prices are still rising. During the financial crisis in 2008, home prices started to drop.
Source: New York Federal Reserve office and Freddie Mac.
Is this home for sale worth the HIGH dollar amount? Yay or Nay?
Here is the most expensive home for sale this week in Canyon Country.
The asking price is $1,850,000.
This property is located in Robinson Ranch and has 5 bed/5 baths, 4,940 sq. ft. of living space, and is on a 25,258 sq. ft. lot.
The property features a remodeled kitchen, center island, stainless steel appliances, a home office with private entrance, an entertainers backyard w/ pebble-tech pool, spa, and BBQ.
Text me if you want a tour at 818-445-7953.
51% of homes in LA are “Equity-Rich”
A home being equity-rich means that the combined estimated amount of loans secured by the property is 50% or less of the estimated market value.
In short, it means homeowners themselves have accumulated at least half of the equity in their homes.
In California, the percentage of mortgaged homes considered equity-rich grew to 46.1% in the fourth quarter (up from 39.7% in the third quarter).
The 10 with the highest shares of equity-rich properties in the fourth quarter of 2020 again were in the West, with the top five in California.
Los Angeles is at 51.7%.
Source: ATTOM Data Solutions, a real estate research firm.
STOP everything and take a look at this "Hot Home" in Eagle Rock!
“Hot Home” in Eagle Rock!
The asking price is $1,449,988.
This renovated traditional farmhouse smart home has 4 bed/4 baths, 2,140 sq. ft. of living space, and a 6,997 sq. ft. lot.
The home features an open concept living space with 15 ft vaulted ceilings.
A tablet controls your lighting, Nest Climate, Ring Doorbell, and Sonos built-in speaker surround system.
Text me if you want a tour at 818-445-7953.
Tight lending blocks some would-be home buyers
Not everyone is able to take advantage of all-time-low mortgage rates.
Available housing credit has reached its lowest level since February 2014, Bloomberg News reports.
In January 2019, 44% of Ginnie Mae’s purchase loans were granted to borrowers who had FICO scores below 700 and debt-to-income ratios of more than 40%.
However, a year later, Ginnie Mae granted just 38% of borrowers loans with FICO scores below 700.
And in August, that dropped to 36%, according to data from the Urban Institute.
Ginnie Mae guarantees loans that are popular with first-time home buyers and lower-income borrowers.
Overall, an index of housing credit produced by the Mortgage Bankers Association shows that the availability of loans has dropped eight out of nine months so far this year.
MBA’s index has fallen 35% year over year.
