There were 63 property sales in Burbank for September 2019.
Burbank had 71 property sales for the month of August
There were 67 property sales in Burbank for July 2020.
Burbank had 67 property sales for the month of July
There were 53 property sales in Burbank for June 2020.
Tune in to hear my most difficult real estate transaction to date... it's not what you'd expect
It's very important to work with a lender that you trust AND has good communication skills.
During escrow, questions and issues will come up.
Your lender needs to be on top of things, resolve problems quickly, and communicate well so that escrow is as easy as possible for everyone involved.
Home buyers are required to sign a PEAD-V Form before touring a home
PEAD-V (Coronavirus Property Entry Advisory and Declaration - Visitor) forms are now required to be signed by anyone entering into a home that is on the market.
The form basically says the visitor does not have the coronavirus and that the visitor understands the health risks involved when entering into the for sale property.
Homeowners, in order to avoid a lawsuit, you want to make sure everyone who is going to tour your home signs this form before setting one foot on to your property.
Burbank had 53 property sales for the month of June
There were 26 property sales in Burbank for May 2020.
Pending home sales surged a record 44% in May
Economists polled by Reuters were expecting pending contracts to jump by 18.9% in the US... they were off by a mile!
National pending home sales soared 44% in May after falling 22% in April, according to new data released by the National Association of Realtors—it’s a strong indicator that the worst of the coronavirus recession may be over for the housing market.
May’s gains are the highest month-to-month since the National Association of Realtors started tracking the data in January 2001.
I'm happy to report that I was able to contribute to this recovery by selling a few homes since the start of the pandemic.
I believe this bounce back in the housing sector will lead the way for a broader economic recovery.
Have you heard? Historically low interest rates are happening now!
Do you think interest rates will continue to go down?
My client just got a 3.125% interest rate
My father was selling real estate during the late 1970s when interest rates for a mortgage loan were at 18%.
I recently sold a home where my client got a 3.125% interest rate on their mortgage loan.
Read those two lines again.
Check out my JUST SOLD property in Saugus, Santa Clarita Califorina
With a full-on marketing blitz on Instagram, Facebook, Tik Tok, Zillow, Redfin, Trulia, Etc... my latest Santa Clarita listing was sold within days of hitting the market.
The sellers are thrilled they no longer have to take care of this investment property.
The buyers can't wait for the next chapter of their life to begin in their new home.
I'm very happy it worked out for both of them!
If you know someone who needs to sell their home, please text me their info, and I'll take care of the rest.
Here is my cell number 818-445-7953. Thanks!
Don't miss out on my 2020 market prediction. You must watch now!
Home sales will be strong this Summer.
Expect a dip in sales once the flu season starts.
Look for a bounceback in December.
Home prices will slightly continue to rise the remainder of the year.
60 seconds isn't enough time to go over all my thoughts on what I think will happen in the real estate market for the rest of 2020.
Check out the full answer on my IGTV @DanielLosAngeles.
Episode 29 of The #AskDanielLosAngeles Show
On this episode, I answer the following four real estate questions:
1) Now that my offer is officially accepted, how long does it take to close escrow on the home?
2) How do I send my deposit money over to the escrow company?
3) Is there certain day I should close escrow on?
4) What is a special recording and how is it different than a regular recording?
We have almost 20,000 Instagram followers... join us!
Episode 28 of The #AskDanielLosAngeles Show
On this episode, I answer the following four real estate questions:
1) Do you think home prices have gone up in value so far in 2019?
2) What should I expect to happen as I get closer to closing escrow on our home?
3) We are in the middle of buying a house right now. When does the title get transferred over to us and we officially become the owners of the home?
4) Once we close escrow, when do we turn over possession of my home to the buyer?
We have over 20,000 followers on Instagram... join us!