L.A. real estate news and insights.
Here is the most unique home for sale this week in Calabasas.
This Monte Nido property has 6 bed/7 bath, 7,019 sq. ft. of living space, and is on 5+ acres.
The property features a main house, poolside cantina, horse corral, mountain views, a greenhouse, and a lake with Koi fish.
Text me for a tour at 818-445-7953.
With 760,084 views across all my social media platforms, here is my #1 most-watched video of 2022!
This is Paris Jackson's new home in the Hollywood Hills, which she purchased earlier this year! #repost
Stay tuned for more videos in 2023! Happy New Year!
Paris Jackson just bought this Hollywood Hills retreat.
Asking price: $3,950,000
Selling price: $3,766,870
This private 2-story home has 3 bed/ 2 bath, 2,960 sq. ft. of living space, and is on a 15,751 sq. ft. lot.
Outdoors there is a saltwater pool, spa, wrap-around decks, sauna, gardens, paths, and a detached art studio.
Not everyone is able to take advantage of all-time-low mortgage rates.
Available housing credit has reached its lowest level since February 2014, Bloomberg News reports.
In January 2019, 44% of Ginnie Mae’s purchase loans were granted to borrowers who had FICO scores below 700 and debt-to-income ratios of more than 40%.
However, a year later, Ginnie Mae granted just 38% of borrowers loans with FICO scores below 700.
And in August, that dropped to 36%, according to data from the Urban Institute.
Ginnie Mae guarantees loans that are popular with first-time home buyers and lower-income borrowers.
Overall, an index of housing credit produced by the Mortgage Bankers Association shows that the availability of loans has dropped eight out of nine months so far this year.
MBA’s index has fallen 35% year over year.
Would you like to have the whole 2nd floor of your home dedicated entirely to your master suite?
This Hollywood Hills retreat is the most expensive home to sell this week in Los Angeles.
•5 bedrooms
•5 bathrooms
•5,696 sq. ft. of living space
•41,010 sq. ft. lot
•Gated compound
•Guest house
•Pool
Asking price: $6,500,000
Selling price: $6,125,000
