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.
Meghan Trainor's charming Valley Village farmhouse is for sale now!
Meghan Trainor’s Valley Village Farmhouse hits the market!
4 bed/4 bath, 3,401 sq. ft. of living space, and is on a 7,922 sq. ft. lot.
Asking price: $2,395,000
Text me if you want a tour: 818-445-7953.
Southern California home sales fall to all-time low
This data shows why we are seeing multiple offers on properties again... there are still not enough homes for sale!
Closed sales this past January fell to 9,938, the lowest number of transactions in records dating back 35 years, real estate data firm CoreLogic reported Tuesday, Feb. 28.
An average January has about 17,000 closings.
We need more homes to hit the market to meet buyer demand!
LA home prices have decreased 7.6% from their 2022 peak prices
Researchers at Black Knight Inc, a technology company that analyzes mortgage lending data across the United States, found that home prices in six California cities have decreased from their 2022 peak prices.
Those cities were: San Francisco, San Jose, Sacramento, San Diego, Los Angeles, and Riverside.
This is where home prices have fallen the most in the US:
1. San Francisco: 13% price decrease
2. San Jose: -12.7% price decrease
3. Seattle, Washington: 11.3% price decrease
4. Phoenix, Arizona: 10.5% price decrease
5. Austin, Texas: 9.7% price decrease
6. Las Vegas, Nevada: 9.3% price decrease
7. Sacramento: 9.3% price decrease
8. San Diego: 8.6% price decrease
9. Los Angeles: 7.6% price decrease
10. Salt Lake City, Utah: 6.9% price decrease
11. Denver, Colorado: 6.9% price decrease
12. Riverside: 6.8% price decrease
13. Raleigh, North Carolina: 6.3% price decrease
14. Portland, Oregon: 6.1% price decrease
Scooter Braun lowers the asking price... again on his LA estate once owned by John Travolta!
Scooter Braun cuts the price on his LA estate again!
Current asking price: $19,950,000
Original asking price: $23,950,000
This home has 6 bed/10 bath, 8,500 sq. ft. of living space, and is on over 2 acres.
Text me if you want a private tour at 818-445-7953.
Just sold ANOTHER condo in the Densmore complex! Take a look!
After 110 days of not being able to sell his property with another listing agent, the owner of this home needed to change up his selling strategy.
He had received my letters where I mentioned that I sold his neighbor’s house last August and then another one of his neighbor’s home last October. He was impressed with those record-breaking sales and decided to give me a chance. I immediately took over the listing and got to work.
My listing and marketing video received over 12,000 views online. In 19 days, we went into escrow, and now the property is officially sold!
Please let me know if you have a friend or neighbor looking to sell their property. Call/text me at 818-445-7953. Thank you!
Barely a year later, Michael B. Jordan is selling his Encino property! Why?!
Actor Michael B. Jordan puts his Encino property back on the market.
Asking price: $12,998,000
This Modern Farmhouse has 8 bed/14 bath, 12,300 sq. ft. of living space, and is on a 22,195 sq. ft. lot.
The home features a soundproof movie theatre, a glassed-in wine room, a gym/salon, an elevator, smart home technology, and an unparalleled security system.
The property includes an outdoor kitchen, a pool, a spa, a cabana, 2 story guest house, a massage room, and an oversized motor court.
Text me if you want a private tour at 818-445-7953.
19% of LA homes in October were purchased with all cash.
Share of U.S. homes bought with all cash hits highest level since 2014. Roughly one-third (31.9%) of U.S. home purchases were paid for with all cash in October.
However, expensive West Coast metros dominate the list of places with the lowest share of all cash-purchases. They’re least common in the Bay Area: Just 14.3% of home purchases in San Jose and 16.5% in Oakland were made in cash. Next come Seattle (19%), Los Angeles (19.2%) and Newark, NJ (20%).
Source: Redfin analysis of county records
You can't find this off-market Encino condo anywhere else but here!
For the general location, in Google maps, put in "Burbank Blvd. and Ventura Blvd."
Text me for more info at 818-445-7953.
This condo has 2 bed/2 baths and 990 sq. ft. of living space.
The building amenities include a pool, spa, gym, and clubhouse.
Open House!
Saturday, December 3rd
1:00 PM - 4:00 PM
4610 Densmore Ave #14
Encino, CA 91436
Asking Price: $674,999
3 Bed | 2 Bath | 1,491 Sq. Ft.
For more info, visit DensmoreCondo.com.
Looking for a completely, remodeled corner unit condo in Encino? STOP & WATCH this video!!
For a private tour, call/text the listing agent, Daniel Madariaga, at 818-445-7953. For more info, visit DensmoreCondo.com.
Located South of Ventura Boulevard, within the Lanai Road Elementary school district, on the same street with multi-million-dollar homes, you will find this completely remodeled 3-bedroom, 2-bathroom ground-floor corner unit!
This open-floor plan home has a huge living room and large private patio, perfect for a BBQ. There is also a gigantic community side yard right off the unit. Close the gates and let your pets explore or play a game of soccer with the kids! The spacious kitchen has brand-new stainless-steel appliances, custom cabinets, and a breakfast bar. The primary bedroom has an ensuite bathroom with double sinks.
Other features include central AC and heat, copper plumbing, recessed lighting, 2 private parking spots in a secured access subterranean garage, and plenty of guest parking. The complex has a big pool, clubroom, and BBQ area. Pets are welcome, earthquake insurance and water utility are included, and the building is FHA-approved. Purchase this unit with as little as a 3.5% down payment.
If you are looking for a remodeled South of Ventura Boulevard 3-bedroom condo, with plenty of outdoor space, at a great value, this just might be the home for you.
Don't sleep on my latest off-market property in Sylmar! Available now!
For the general location, in Google maps, put in "Almetz St. and Fenton Ave."
Text me for more info at 818-445-7953.
This home has 3 bed/3 baths and 2,050 sq. ft. of living space.
The 2-story home features an open floor plan, a breakfast bar in the kitchen, a loft at the top of the stairs, and a primary ensuite with high vaulted ceilings.
The HOA covers the water utility, front yard, gardening basketball court, and visitor parking area.
More buyers are actively searching for a home
Despite higher interest rates negatively impacting housing affordability and demand for homes, not all buyers have been sidelined.
According to the latest Housing Trends report by the National Association of Home Builders (NAHB), in Q3 2022 59% of prospective buyers had moved beyond the planning phase and had become fully engaged in the buying process. This was up from 46% in Q1 2022 and 49% in Q2 2022.
The share of prospective buyers actively searching for a home rose in every region between the second and third quarter of 2022, with the West having the largest share at 68%.
Less competition and more inventory were the driving force for the share increase in the recent quarter.
Check out this unique Historic LA home that was built in 1912!
This is the most unique home sold in Park Hills Heights this week.
Asking price: $1,499,000
Selling price: $1,400,000
This 1912 Historic Japanese-style home has 4 bed/4 bath, 3,925 sq. ft. of living space, and is on a 10,482 sq. ft. lot.
The fully renovated, 2 story home can be used as a duplex or single-family home.
Come see my RECORD-BREAKING SALE in Encino!
I even sold all the furniture with this one! This is my 10th transaction in this building!
Record-Breaking Sale: This is the most expensive 2-bedroom unit to sell in this complex.
Represented sellers.
4610 Densmore Ave. #8
Encino, CA 91436
Selling price: $570,000
2 Bed | 2 Bath
Congratulations to my sellers and thank you for trusting me to get the job done!