L.A. real estate news and insights.
Ryan Seacrest finally sells his Beverly Hills home.
Original asking price: $85,000,000
Selling price: $51,000,000
The home was listed in November 2020 for $85M and when it didn't sell it was relisted for $69M.
This private, secluded estate has a total of 7 bed/10 bath, 9,000 sq. ft. of living space, and is on over 3 acres.
Do you have a friend, co-worker, or neighbor who is thinking about selling their property?
Referrals are what keep my real estate business going! I would be honored if you referred me to a homeowner that is getting ready to move.
Feel free to give them my number: 818-445-7953.
Thank you!
With a full-on marketing blitz on Instagram, Facebook, Tik Tok, Zillow, Redfin, Trulia, Etc... my latest Los Angeles 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!
CLICK HERE for the properties website.
It's pie time!
Today is my 4th annual Thanksgiving pie giveaway! To show my appreciation for all the real estate business, referrals, and kindness I have received this year, I'm giving away giant pies for Thanksgiving! Didn't get the invite?
Sign up below and you will get on the list for next year.
Happy Thanksgiving!
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!
48% of Zillow survey respondents said it’s a good time to buy a home.
Would you buy a home right now?
This is the answer I'm supposed to give: California home price increases are expected to slow in 2021, but the Los Angeles-based California Association of Realtors doesn't forecast widespread price drops.
Despite the economic uncertainty caused by the pandemic, California home prices are predicted to edge up 1.3%.
Low mortgage rates and pent-up demand are credited with propping up the market despite the pandemic slow-down.
Here is my real opinion: I'm currently working with several sellers in a few different price ranges.
I'm still getting multiple offers on my listings, way above what I feel is the market value of the home.
Although the official data isn't out yet, I'm seeing that prices have been steadily going up about 1% every single month for the last few months.
LA homes have had such a huge price increase in 2020 that I believe this pace can't keep up.
I predict home prices will go up 3%-4% in 2021.
That is much higher than what the analysts predict, but I'm in the trenches talking with buyers and sellers every day.
I see the demand for housing right now, and that will drive home values above the estimated 1.3% in 2021.
This is the most expensive home for sale this week in Valley Glen.
Asking price: $1,199,777
•4 bedrooms
•3 bathrooms
•2,397 sq. ft. of living space
•6,499 sq. ft. lot
•The home has a new roof, windows, and water heater
•Stainless steel appliances in kitchen
•Private backyard w/ covered patio
Text me if you want a tour at 818-445-7953.
Less than eight months after Blake Griffin paid $19.1M for his Westside Los Angeles property, he jumped on the opportunity to buy the home directly behind his property.
His new home has:
•5 bedrooms
•5.5 bathrooms
•5,893 sq. ft. of living space
•23,257 sq. ft. lot
•Gym
•Wine cellar
•Guesthouse
•Pool & spa
Asking price: $5,995,000
Selling price: $5,876,000
#golakers
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
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.
