JUST SOLD!
Represented sellers.
19855 Via Kalban
Newhall, CA 91321
Selling price: $745,000
3 Bed | 3.5 Bath
Congratulations to my sellers and thank you for trusting me to get the job done!
Santa Clarita Townhome - Open House This Saturday - 6/18/22!
Open House This Saturday!
June 18th
1:00pm - 4:00pm
19855 Via Kalban
Santa Clarita, 91321
$749,995
3 Bedroom | 3.5 Bathroom | 2,609 Sq. Ft.
Santa Clarita Townhome - Open House!
Open House!
Saturday, June 11th
2:00pm - 2:30pm
19855 Via Kalban
Santa Clarita, 91321
$749,995
3 Bedroom | 3.5 Bathroom | 2,609 Sq. Ft.
Your search is over! Make this beautiful, turnkey townhome in Santa Clarita yours!
Located on a cul-de-sac in the Valle Di Oro gated community, you will find this beautiful 3 bed/3.5 bath townhome. This move-in-ready home has two master ensuites, with large bathrooms highlighting an oversized tub, shower, and walk-in closet.
There is also a separate two-room guest suite that occupies an entire floor. The guest suite has a living room, full bathroom, walk-in closet, and direct access to a spacious patio. The large kitchen has granite countertops, custom cabinets, and stainless-steel appliances. A loft overlooks the living room, which would make a perfect office space.
Other features include high vaulted ceilings, recessed lighting, central AC/Heat, a large laundry room, two balconies, a two-car attached garage, and plenty of guest parking. The community includes a spacious pool, relaxing spa, BBQ area, and is pet friendly. No Mello-Roos!
If you are looking for a move-in ready townhome, with two master suites and a separate guest suite, at a great value, this just might be the home for you.
To set up an appointment call/text the listing agent, Daniel Madariaga, at 818-445-7953. The listing agent can write up your offer on your behalf.
For more info visit SantaClaritaTownhome.com.
More sellers are lowering asking prices
With mortgage rates now nearing 5%, many aspiring home buyers may have reached the top of what they can afford, especially as 40-year-high inflation affects the threshold for them.
As a result, the number of sellers dropping their asking price is growing at a faster clip than in the recent past. About 12% of homes for sale had a price drop during the four weeks ending April 3. That marks a jump from 9% a year ago.
Home prices are well above levels from a year ago. The average borrower is paying about 40% more than they would have for the same home a year ago on a monthly payment due to higher mortgage rates and higher home prices, according to the National Association of REALTORS®.
More consumers believe that mortgage rates and home prices will rise further, according to a monthly consumer sentiment index from Fannie Mae. “If consumer pessimism toward homebuying conditions continues, and the recent mortgage rate increases are sustained, then we expect to see an even greater cooling of the housing market than previously forecast,” Mark Palim, vice president and deputy chief economist at Fannie Mae, wrote about the consumer sentiment index’s findings.
However, some buyers may see an opening in the market. They may want to rush ahead of further mortgage rate increases or may see an uptick in new listings.
Source: “Rising Mortgage Rates Are Causing More Home Sellers to Lower Their Asking Prices,” CNBC (April 7, 2022)
Would you invest in a 1 bedroom condo in Hollywood - yay or nay?
Here is the cheapest condo sold this week in Hollywood.
Asking price: $465,000
Selling price: $479,000
This condo has 1 bed/1 bath and 824 sq. ft. of living space.
The newly remodeled condo features recessed lighting, in-unit washer/ dryer hookups, newly painted throughout, dual pane windows, and an upgraded electrical panel.
Do you think a 1 bedroom condo is a good investment?
New-home inventory is up 74.3%
Future home sellers need to look at this data! Rising inventory in the new-home market is giving buyers more choices. New-home inventory is at a 6.1-month supply, which is considered balanced for the market. That also is 74.3% higher than a year earlier. Inventory in the new-home market reflects a growing share of homes that have not yet started construction. 28% percent of the new-home inventory comprises homes in that category.
This means when you put your home up for sale next year, buyers will most likely be comparing it to newly constructed homes that are also on the market. Will they choose your property over a brand new home?
Source: National Association of Home Builders
Tell me... is this Canoga Park home worth the $200K over the asking price that it sold for?
Sold for $200K over the asking price.
This is the cheapest home sold this week in Canoga Park.
Asking price: $674,999
Selling price: $875,000
This fixer-upper home has 4 bed/2 bath, 1,349 sq. ft. of living space, and is on a 12,104 sq. ft. lot.
The home features floor-to-ceiling raised hearth brick fireplace, original hardwood floors, and a huge sunroom w/ new wall-to-wall carpet.
Would you pay $200K over the asking price on a home?
Actress & Producer Sophie Kargman just bought this lovely Beverly Grove home. Take a look inside!
Sophie Kargman just bought this Beverly Grove home.
Asking price: $3,495,000
Selling price: $3,850,000
This English Revival home has 3 bed/3 bath, 2,889 sq. ft. of living space, and is on a 7,150 sq. ft. lot.
The home features vaulted ceilings, hardwood floors, marble fireplace, and the remodeled kitchen has Calcutta marble and high-end appliances.
The home came with permit plans for a pool and pool house/ADU.
What do you think of the kitchen?
Can you believe how long this Chatsworth home has been active on the market?!
Do you think they should reduce the price?
Here is the longest active home on the market in Chatsworth.
The asking price is $15,000,000. The property has been on the market for 260 days with no price reductions.
This Trophy Compound in the foothills of the Santa Susana Mountains has 7 bed/11 bath, 11,755 sq. ft. of living space, and is on almost 16 acres.
"The Ranch" features a main residence, 3 guest bungalows, an art gallery, and a ballroom.
Text me if you want a tour at 818-445-7953.
The cheapest home sold this week in Pasadena STILL sold for $200K over the asking price! WHAT? WHY?
This is the cheapest home sold this week in Pasadena.
Asking price: $649,000
Selling price: $861,000
This bungalow starter home has 2 bed/1 bath, 903 sq. ft. of living space, and is on a 5,195 sq. ft. lot.
The home features a brick fireplace in the living room, hardwood floors throughout, and LG appliances in the kitchen.
In the oversized fenced backyard, there is a covered patio, fruit trees, and a parking area.
Is this home worth the selling price?
3% of sellers have recently canceled their listing
I'm not seeing a panic with home sellers over the #coronavirus.
Only 3% of sellers nationwide have decided to remove their home from the market and cancel their listing.
I bet most of these homeowners that canceled decided to refi at historic lows rather than sell.
I'm sure some canceled over corona fears.
I would assume that during regular times, cancellations hover around the 1% - 2% range. Inventory of for-sale homes is still low, but over the next few weeks, you can take advantage of lower buyer competition over corona fears.
The Ask Daniel Los Angeles Show Podcast
Buying or selling a home can be an overwhelming, complex operation.
The #AskDanielLosAngeles Show was created to answer your real estate questions in the hopes that it would give you a better understanding of the process of buying and selling a property.
To find this podcast, type “The Ask Daniel Los Angeles Show” in the search bar where ever you listen to podcasts.
You can also find the podcast on my website at ContempoRealtors.com/Podcast.
New podcasts released weekly on Thursdays.
Have a real estate question? Ask me on my podcast webpage and I will respond to you directly.
I may also answer it on the show!
We have over 20,000 followers on Instagram... come join us! Thank you for your continued support.
Most expensive new listing in Burbank
Asking price for this Burbank home is $2,250,000.
The home features 5 bedrooms 4 baths and a recording studio.
The barn features 3 stalls, feed and tack room, 2 turnouts and a bathing area.
Text me if you want to see it - 818-445-7953
Pharrell Williams home for sale at $17 MM
#PharrellWilliams has put his #BeverlyHills mansion on the market for $17,000,000.
The home is 17,000 sq ft and sits on an impressive 4-acre lot.
This giant home has 10 bedrooms and 11 bathrooms.
Outside there are gardens, koi ponds, and a resort-like pool with waterfall and grotto.
Multiple sport courts, rock sculptures, and also a 30+ car motor court.
Let me know if you want to buy it.
