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.
Burbank's newest "Hot Home" on the market! Check it out before it sells and it's gone forever
🚨”Hot Home" status alert🚨
Asking price is $1,099,000.
If you are interested in a private tour text me at 818-445-7953.
Check out the cheapest price per Sq. Ft. condo just listed in Covina
101 Henry Dr. Covina, CA 91722.
Price per Square Foot. - $292.50.
This is one of two units available for this uniquely designed floor plan.
Do you like the brick exterior?
Most expensive home to sell this week in Burbank - is it worth the price?
Here is the most expensive home to hit the market this week in Burbank.
The asking price is $1,199,000.
The property is close to the Magnolia Park area and has 2,284 sq. ft. of living space.
The lot is 6,747 sq ft.
Do you like the master bathroom?
My client just got a 3.125% interest rate
My father was selling real estate during the late 1970s when interest rates for a mortgage loan were at 18%.
I recently sold a home where my client got a 3.125% interest rate on their mortgage loan.
Read those two lines again.
Your friend should sell their home this summer
Your friend told you they are interested in selling their home sometime in 2020. You should let them know that they need to act sooner rather than later. Typically most real estate transactions take place in Springtime. Due to the Coronavirus and homeowners holding off on selling their homes, home sale transactions were down about 40% during the 2020 Spring selling season. Because of this home selling delay, the Spring selling season has essentially been pushed to Summer 2020. It's projected that the Los Angeles area will have an uptick in inventory and have a very strong buyer demand for the entire Summer season. I am recommending to your friend that they sell during this peak time and not wait until Fall or Winter.
The reason to not delay is that the flu season will start in Fall and many of us will get the common flu. Since the symptoms for the Coronavirus and the flu are similar, I am anticipating that during this time daily news reports will say that a second wave of the Coronavirus is coming. This news will make sellers rethink their plans of putting their home on the market. Because of this, I expect the market to see a repeat of what happened when the stay-at-home order was put in place back in late March. If you are not aware, during that time real estate escrows were being canceled left and right. Sellers were offering buyers $10K, $20K, $30k in credits just to stay in escrow. Some buyers took the deal, most did not. Compound that with home sales traditionally being slow in the 4th quarter due to the holidays, and you essentially have a standstill in the real estate market. That's why I am confident that this Summer will be the best time for your friend to see multiple offers on their home and to sell for top dollar.
When your friend is ready to sell their home, I can help them with the sale. Text their name and number to 818-445-7953, and I'll take care of the rest.
Thank you for all your referrals so far this year! I truly appreciate you helping my business thrive during a pandemic.
LA county home sale transactions are down, prices are up
In Los Angeles County, the median home price rose 3.8% to $630,000, while sales dropped 35.2%.
I suspect transactions are down because a good chunk of sellers took their properties off the market.
Fewer homes on the market obviously mean fewer homes can be sold.
The homeowners that did keep their home on the market are not experiencing price drops... it's actually the opposite.
Home prices continued to see marginal gains from a year earlier.
If you are waiting for a market crash, don't hold your breath.
Episode 37 of The #AskDanielLosAngeles Show
On this episode, I answer the following four real estate questions:
1) My low ball offer was flat out rejected by the home seller. Can I still submit a new offer?
2) Are real estate taxes included with my monthly mortgage payment?
3) What is the difference between a list price and sale price?
4) The buyer for my home is not removing their inspection contingency. Can I cancel the deal?
We have over 20,000 followers on Instagram... come join us!
This is the cheapest home to sell this week in Studio City
Asking price $1,289,000 sold price $1,265,000
Do you think the back yard is big enough?
Home selling strategy during this pandemic
The stay-at-home order has been extended to 5/15/20😩.
Use this time to strategize and prepare for the sale of your home.
Once the order is lifted, I believe there will be a buying frenzy!
Will home prices fall after the pandemic?
Expect a dip in prices during the pandemic.
Once the stay-at-home order is lifted, I anticipate a buying frenzy.
In my opinion, prices will return to where they were before the pandemic started.
Previous owner didn't disclose high noise level. Can I sue?
During your inspection contingency period, take a nighttime drive around the neighborhood of the home you are buying.
If you determine the property is in a noisy area, you may want to consider backing out of the deal using your inspection contingency.
Don't wait to see if there is a lot of noise after you close escrow... it will be too late.
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.
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.
