L.A. real estate news and insights.
Here is your latest "Hot Home" alert: Asking price: $850,000
•2,241 sq. ft. of living space
•10,347 sq. ft. lot
•5 bedrooms
•3 bathrooms
Built in 1957 this updated home has a nice pool and solar panels to help out with the electrical bill.
Text me if you want a private tour at 818-445-7953.
This Encino home has been on the market for 311 days.
I would think a price drop would be coming soon.
A good strategy would be to come in with a lower offer now before they drop the price and start getting offers from other buyers.
•5 bedrooms
•8 bathrooms
•6,560 sq. ft. of living space
•22,274 sq. ft. lot
•Pool & spa
Asking price $2,999,000
Text me if you want a tour 818-445-7953.
As home shoppers find fewer existing homes for sale, they’re increasingly turning to new construction, The Wall Street Journal reports.
New single-family home sales jumped nearly 14% in July from June and are at the highest level since December 2006, the Commerce Department reports.
With home sales continuing to recover in July and sales of higher-priced properties bouncing back faster than the rest of the market, the statewide median price hit a new high after setting a record just in June.
California's median home price reached $666,320 in July, jumping 6.4 percent from June's $626,170 and 9.6 percent from $607,990 in July 2019.
The monthly price increase was higher than the historical average price change from June to July and, in fact, was the highest ever recorded for a June-to-July change.
Source: World Property Journal
Coming soon to North Hollywood - 10420 Tiara Street, North Hollywood, CA 91601
Property Features:
•3 Bedrooms
•1 Bathroom
•Living Sq. Ft. - 1,047
•Lot Sq. Ft. - 6,001
The asking price is $649,999.
Text me if you want to take a tour before it hits the market and we get multiple offers. 818-445-7953
There were 67 property sales in Burbank for July 2020.
8061 Ellenbogen St, Sunland 91040
Asking price: $690,000
Selling Price price: $730,000
•3 bed
•2 bath
•1,262 sq. ft.
•Lot: 7,343
Should this have sold above asking price?
How did they come up with an $849K asking price?
I would have loved to be in that brainstorming meeting.
Here are some national stats:
•Time on the market is now 4 days faster than last year.
•Median listing prices grew at 9.4 percent over last year.
•New listings were down 11 percent.
•Total inventory was down 35 percent.
•The West region of the U.S. continues to lead in the national housing recovery during the pandemic.
Foreclosures and short sales comprised 3% of the national sales in June, about even with May but up from 2% in June 2019.
There will only be 1 off-market showing for this Brentwood Park property - August 15th.
The home will officially hit the market in September.
Text me for more info 818-445-7953.
Here is the most expensive home on the market this week in La Canada Flintridge.
The asking price is $4,450,000.
Want a tour? Text me at 818-445-7953.
LeBron James reportedly scores Lee Phillip Bell’s L.A. compound according to The Real Deal.
The selling price was $39,000,000.
This is the third L.A. County mansion purchase for James, who signed as a free agent with the L.A. Lakers in the summer of 2018.
Before signing with the Lakers, James bought two homes in Brentwood for $23 million and $21 million each.
The Samuel-Navarro House just sold for $3,475,000.
Built-in 1928, this home was designed by master architect Lloyd Wright for Hollywood manager Louis Samuel and his wife.
2,690 square feet. Lot: 13,267 square feet. 3 bed / 3 bath.
Famous occupants and/or owners include Diane Keaton and Christina Ricci.
Do you like the Art Deco design?
🚨”Hot Home" status alert🚨
Asking price is $1,099,000.
If you are interested in a private tour text me at 818-445-7953.
