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!
We are in the most competitive housing market on record
In California, not only did sales and prices rise by double-digits last month, but robust housing demand also drove the market to new records for aggregate price premiums and median days on market last month.
The median ratio of sales price to list price was 102.2% in March 2021, which is the highest level recorded since CAR began tracking this metric more than two decades ago.
In addition, the median number of days it took for a home that closed last month to go from active to pending was just 8—a record low.
Source: California Association of Realtors.
See Glendale's cheapest home sold this week! Did the buyers get a good deal?
Here is the cheapest home sold this week in Glendale.
Asking price: $785,000
Selling price: $870,000
This home has 2 bed/2 baths, 1,054 sq. ft. of living space, and is on a 7,467 sq. ft. lot.
The home features newer bamboo flooring in the living area and there is a detached 2 car garage with laundry hookups.
The owners have upgraded the HVAC and added a tankless water heater.
Do you think the buyers got a good deal?
Burbank had 73 property sales for the month of September.
There were 63 property sales in Burbank for September 2019.
Pending home sales surged a record 44% in May
Economists polled by Reuters were expecting pending contracts to jump by 18.9% in the US... they were off by a mile!
National pending home sales soared 44% in May after falling 22% in April, according to new data released by the National Association of Realtors—it’s a strong indicator that the worst of the coronavirus recession may be over for the housing market.
May’s gains are the highest month-to-month since the National Association of Realtors started tracking the data in January 2001.
I'm happy to report that I was able to contribute to this recovery by selling a few homes since the start of the pandemic.
I believe this bounce back in the housing sector will lead the way for a broader economic recovery.
Episode 29 of The #AskDanielLosAngeles Show
On this episode, I answer the following four real estate questions:
1) Now that my offer is officially accepted, how long does it take to close escrow on the home?
2) How do I send my deposit money over to the escrow company?
3) Is there certain day I should close escrow on?
4) What is a special recording and how is it different than a regular recording?
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818-445-7953
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Thank you!
Ready to sell your home? We are ready to help.
I promise you that our 72 Hour Home Selling Program is unlike any selling strategy you have ever seen.
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If you are ready to sell your home, give us a chance to show you what we will do to get you top dollar... fast!
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Let’s talk! 818-445-7953 or Daniel@ContempoRealtors.com
The minimum money I recommend you put down is 10% of the purchase price of the home
You can put down less money if purchasing in a less desirable area.
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But if you want to live in a hot part of town, you better put down AT LEAST 10%.
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Keep in mind 20% is just average.
When is the best time of year to sell a home?
Focus on housing inventory levels, not what time of year it is.