L.A. real estate news and insights.
Here is the most expensive home for sale this week in North Hollywood.
This home has 5 bed/4 bath, 2,600 sq. ft. of living space, and is on a 7,263 sq. ft. lot.
The home features a 1 bed/1 bath ADU, a brand-new pool, synthetic grass, and paid-off solar panels.
Text me for a private tour at 818-445-7953.
This is the best fixer-upper for sale this week in Van Nuys!
Asking price: $699,000
This home has 4 bed/2 bath, over 1,700 sq. ft. of living space, and is on a 7,600 sq. ft. lot.
Text me for a private tour at 818-445-7953.
Here is the cheapest home sold this week in North Hollywood.
Asking price: $899,000
Selling price: $850,000
This home has 2 bed/2 bath, 1,250 sq. ft. of living space, and is on a 6,623 sq. ft. lot.
The home features a remodeled kitchen, double pane windows, an enclosed patio, and original refinished hardwood flooring.
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.
This is the cheapest home sold this week in North Hollywood.
Asking price: $699,000
Selling price: $775,000
This corner lot starter home has 2 bed/1 bath, 810 sq. ft. of living space, and is on a 6,416 sq. ft. lot.
The home features central air/heat, double pane windows, a recently remodeled bathroom, and a 2 car garage that has great ADU potential.
Off-market property in Valley Village.
This gated 2-story home has 6 bed/4 bath, 3,200 sq. ft. of living space, and is on a 6,674 sq. ft. lot.
The home features a built-in home sound system, stainless steel appliances in the kitchen, and a guest room and full-size bath on the 1st floor that can easily become an in-law suite.
The private backyard has a patio with a pergola and a flat yard with fruit trees.
Text me for a private showing at 818-445-7953.
Homes are selling even faster than they were at this time last year as buyers continue to compete in the housing market. Housing inventories are lower as well, down 28% from a year ago. In December 2021, the National Association of REALTORS® reported that existing homes for sale fell to an all-time low.
With fewer listings of homes last week, buyer interest again outpaced homes available, writes Danielle Hale, realtor.com®’s chief economist, in a weekly analysis posted at the site.
“With fewer homes for sale now than this time last year, homes are selling faster and successful buyers have to move quickly,” Hale writes.
Nationally, seventy-nine percent of homes sold in December 2021 were on the market for less than a month, according to the National Association of REALTORS®. Properties typically remained on the market for just 19 days in December.
As rents rise at a double-digit pace, renters are looking to homeownership for the safety net of a steady mortgage and hopes of long-term appreciation. Mortgage rates that remain under 4% are also an incentive.
However, the fear of rising rates has driven a “rush on new-home sales as buyers try to sign contracts to lock-in rates and beat further cost increases,” Hale says.
Hale says housing indicators point to additional sellers entering the market this spring, which buyers would welcome as they look for a bigger selection in the housing market. Surveys show that more homeowners are planning to sell over the next 12 months. With single-family home construction at a 1 million-plus pace, inventory is expected to improve in the coming months.
“Additional housing supply is what’s needed to help first-time home buyers and add momentum to the homeownership rate,” Hale says.
This 2 bed, 2 bath move-in ready condo is coming soon to Valley Village.
Asking price: $524,999
5604 Rhodes Ave. #103
Valley Village, CA 91607
For more info, text me at 818-445-7953.
Would you be willing to live on a busy street to get a remodeled home?
Here is the cheapest home sold this week in North Hollywood.
Asking price: $775,000
Selling price: $750,000
The home and ADU have a total of 3 beds/3 baths, 1,406 sq. ft. of living space, and is on a 5,087 sq. ft. lot.
This updated home features stainless steel appliances in the kitchen, a stackable washer/ dryer and there is a big deck in the backyard.
This is the cheapest home to sell this week per sq. ft. in North Hollywood.
Price per sq. ft. - $302.00
•6 bedrooms
•4.5 bathrooms
•3,245 sq. ft. of living space
•6,970 sq. ft. lot
•Brand new kitchen
•Large laundry room
•New concrete driveway
The selling price was $980,000.
Coming soon to North Hollywood - 10420 Tiara Street, North Hollywood, CA 91601
Property Features:
•3 Bedrooms
•1 Bathroom
•Living Sq. Ft. - 1,047
•Lot Sq. Ft. - 6,001
The asking price is $649,999.
Text me if you want to take a tour before it hits the market and we get multiple offers. 818-445-7953
Your friend told you they were thinking of selling their home.
What do I have to do for you to refer me to that friend?
Text me at 818-445-7953.
Thank you!
Virtual staging is when you take a picture of a vacant room and then have a graphic designer digitally add furniture to that room.
That way your online pictures for your home look great, but in reality the room is vacant.
Virtual staging can be good and bad. It's good because your marketing pictures look awesome and you will get a lot of people through your door and touring your home.
The bad part is that buyers get disappointed when they show up and the house looks completely different than how it looked in the marketing photos.
Real furniture staging is always best because it helps a buyer emotionally connect with a home and you don't end up with a bunch of disappointed potential buyers touring your home.
But if you must, virtual staging is a better option than showing a picture of a empty room in your marketing pictures.
598 days on the market... OUCH!
Have you ever heard of a Geo dome?
We are hiring a real estate agent assistant/project manager!
For more info visit https://contemporealtors.squarespace.com/hiring
Thanks!
