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Why hasn't this Valley Village home sold yet? Is it the price, condition, or location?

This home has been on the market longer than any other home in Valley Village.

Original asking price: $6,498,000

Current asking price: $6,998,000

The gated 2-story home has 7 bed/5 bath, 7,500 sq. ft. of living space, and is on a 24,628 sq. ft. lot.

Maybe we can convince them to drop the price! 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.

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This home sold over the asking price this week in North Hills. Did they pay too much?

Here is the most expensive home sold in North Hills this week.

Asking price: $899,000

Sale price: $941,000

This home has a total of 5 bedrooms/ 3.5 bathrooms, 2,661 sq. ft. of living space, and a 7,805 sq. ft. lot.

The home features a newly remodeled farmhouse kitchen and a 2 bed / 1 bath guest unit above the garage.

This La Cañada home has been on the market FOREVER! Will it ever sell?

This home has been on the market longer than any other active La Cañada home... 673 days total.

Asking price: $10,000,000

This home w/ attached guest house has a total of 5 bed/9 baths, 13,097 sq. ft. of living space, and the lot size is 1.18 Acres.

The property features a home theater, wine cellar, home gym w/ sauna, and a 4 car garage/motor court.

Outside there is a custom tiled pool & spa, along with lush landscaping.

Text me if you want a tour at 818-445-7953.

I want to show you my latest OFF MARKET property in Los Angeles

Off Market Property in Los Angeles!

Not available to the public!

The asking price is $1,995,000.

This quiet cul-de-sac home has 3 bed/3 baths, 2,724 sq. ft. of living space and an 11,783 sq. ft. lot.

The home features a gas fireplace in the living room, a sunlit kitchen with top of the line appliances, and a backyard that has a private deck, patio, and spa.

The home is within walking distance to the Beverly Glen Center – with restaurants & shopping.

Text me if you want a tour at 818-445-7953.

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.

Burbank had 57 property sales for the month of January

There were 46 property sales in Burbank for January 2020.

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Have you seen Reese Witherspoon's spectacular new Brentwood home?

Here is Reese Witherspoon’s new Brentwood compound.

She secretly bought the home last March, and it only became public this year.

•7 bedrooms

•10 bathrooms

•9,504 sq. ft. of living space

•133,619 sq. ft. lot

The home features a gourmet kitchen, wood-paneled library, vast motor court, saltwater pool, spa & outdoor kitchen.

Asking price: $17,995,000

Selling price: $15,895,000

Burbank had 703 property sales in 2020

Looks like the pandemic has not slowed down Burbank property sales.

There were 703 property sales in Burbank for 2020.

In 2019, Burbank had 689 sales.

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Instagram marketing tips

I love learning from other business owners their top marketing techniques. I utilize their strategies and apply it to help me sell real estate faster and for top dollar. This is 1 of 4 great marketing tips @theperkynerd shares with us.