Thank you for entrusting me with another one of your real estate transactions!
It's always an honor working with you.
L.A. real estate news and insights.
Thank you for entrusting me with another one of your real estate transactions!
It's always an honor working with you.
It would mean the world to me if you referred me to a friend, co-worker, or neighbor that you know is ready to sell their property in 2021.
Text me anytime at 818-445-7953.
Thanks!
Low inventory, bidding wars, and record-low mortgage rates are giving consumers a new sense of FOMO and is driving hyperactivity in the real estate market.
Pending home sales are up 20% from a year ago, buyer traffic is up 32%, and mortgage applications are up 27%—all indicators that this winter may be the best ever for the housing market.
Mortgage rates also remain at record lows.
The 30-year fixed-rate mortgage averaged 2.71% for the week ending Dec. 10, according to Freddie Mac.
This is the cheapest home to sell this week in Valencia.
•3 bedrooms
•2 bathrooms
•1,128 sq. ft. of living space
•5,488 sq. ft. lot
HOA Amenities: Park w/ playground, 3 community pools, BBQ & picnic area.
Asking price: $549,000
Selling price: $560,000
YouTube star Phil DeFranco is selling his Sherman Oaks starter home!
•5 bedrooms
•6 bathrooms
•4,078 sq. ft. of living space
•6,752 sq. ft. lot
•Chef's kitchen w/ center island
•Separate wine room
•Heated saltwater pool/spa
Asking price: - $2,100,000 in Escrow but still accepting back up offers.
Text me if you want a tour at 818-445-7953.
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.
Ryan Seacrest Is selling his massive Beverly Hills home for $85MM.
The sprawling Beverly Hills estate was previously owned by Ellen DeGeneres.
Ryan bought it from her in 2012 for $36.5MM.
•7 bedrooms/10 bathrooms total
•125,580 ft. lot
•Gorgeous pool w/ pool house
•Separate fitness facility
•Underground garage
•Resort-like grounds
•Outdoor living/dining area
Text me if you want a tour at 818-445-7953.
Here is your latest “Hot Home” in the Bungalow Heaven Landmark District in Pasadena.
First time on the market in 50 years!
•Built in 1915
•3 bedrooms
•1.5 bathrooms
•1,401 sq. ft. of living space
•7,753 sq. ft. lot
Asking price: $999,000
Text me if you want a tour 818-445-7953.
New off-market property alert for Sherman Oaks!
•6 bedrooms
•5 bathrooms
•5,964 sq. ft. of living space
•30,357 sq. ft. lot
•Amazing views from the infinity pool & spa
•Full one-bedroom guesthouse with sauna
•Master wing has an en-suite bathroom with steam shower & tub, large walk-in closet, private outdoor patio
Asking price is now $3,695,000.
Text me if you want a tour 818-445-7953.
Condo sales are rebounding because buyers are finding great deals.
The pandemic turned a lot of people off condos.
Buyers realized just how important having outdoor space and a garage really is.
After a 50% sales plunge this spring, condo sales have recovered.
In October, condo sales increased 22.7% compared to a year earlier on a seasonally adjusted basis.
In my opinion, the best deals going down right now are in condo purchases.
There were 48 property sales in Burbank for November 2019.
While the housing market has come roaring back in the pandemic, iBuying activity hasn't.
Volumes and market share of iBuying activity is likely to finish 2020 at 50% less than that of 2019, according to real estate tech strategist Mike DelPrete, who studies iBuying activity in real estate.
Meanwhile, traditional home sales for existing homes and new homes have been running above last year’s levels.
iBuyers make instant cash offers to sellers who wish to bypass the traditional MLS marketing route, often for assurance of a quicker sale.
However, homeowners tend to pay higher fees for the convenience.
iBuying will be available to buyers for a while, but will buyers and sellers even care?
Source: Mikedp.com
This is the cheapest home to sell this week in Saugus.
It only took 5 days for this property to get into escrow!
Asking Price: $539,000
Selling Price: $586,100
•3 bedrooms
•2 bathrooms
•1,116 sq. ft. of living space
•6,027 sq. ft. lot
•Backyard has above ground spa under the gazebo
•No neighbors to the rear
Do you think the buyers got a good deal even though they bought it over the asking price?
“Hot Home” alert in Sherman Oaks!
•4 bedrooms
•3.5 bathrooms
•1,847 sq. ft. of living space
•11,264 sq. ft. lot
•The property has great mountain views and is close to Ventura Blvd.
Asking price: $1,249,000
Text me if you want a tour at 818-445-7953.
Late 2019, the owner of 14332 Dickens St #20 was frustrated that he was unable to sell his unit.
He had it on the market at $679,000 for over two months, but his agent could not attract a buyer.
With no hope in sight, the owner decided to pull the unit off the market.
That's when I contacted him!
I showed him what I do differently to sell condos and how my marketing would quickly attract a buyer.
He agreed to let me sell his unit.
Within 11 days I received multiple offers and closed the deal at $702,000 - that's $23,000 over the original list price he had with his original agent.
A big thank you to the owner for trusting me with the sale of their property!