"Hot Home” alert in Burbank.
Asking price: $975,000
This home has 2 bed/1 bath, 1,183 sq. ft. of living space, and is on a 6,726 sq. ft. lot.
The kitchen and bathroom have been renovated.
There is an oversized 2.5 garage and a detached back cottage that could be an office, playroom, or ADU.
Text me if you want a tour at 818-445-7953.
Burbank had 68 property sales for the month of September.
There were 75 property sales in Burbank for September 2020.
Find out which former Dodger player used to live in this Pasadena home in the '90s! Any guesses?!
Here is the most expensive home sold this week in Pasadena.
Asking price: $13,700,000
Selling price: $13,255,572
This home has 5 bed/7 bath, 11,855 sq. ft. of living space, and is on 1.7 acres of land.
The property features the main residence, guest house, pool house, and a caretaker’s apartment.
The grounds include a lighted tennis court, putting green, pool spa, and rose garden.
Are you looking for a home to FIX & FLIP in Burbank? Look no further!
Here is the cheapest home for sale this week in Burbank.
Asking price: $749,850
This home has 2 bed/1 bath, 860 sq. ft. of living space, and is on a 6,751 sq. ft. lot.
The Burbank Airport Authority updated the windows, doors, and central air & heat to reduce interior noise levels.
The backyard is large with room to expand the home.
Text me if you want a tour at 818-445-7953.
Burbank had 87 property sales for the month of August
There were 73 property sales in Burbank for August 2020.
Check out the cheapest condo sold this week in Burbank - the "Media Capital of the World"!
Here is the cheapest condo sold this week in Burbank.
Asking price: $585,000
Selling price: $585,000
This 2-level townhome-style unit has 2 bed/3 bath, and 1,045 sq. ft. of living space.
The kitchen has redone cabinets, stainless steel appliances, a dishwasher, and a dual-zone wine fridge.
There is a stackable washer/dryer in the laundry closet, a tankless water heater, two secured-access parking spots, and a new roof was put in last year.
I need your referral help for the rest of 2021
Text me at 818-445-7953. 📱
Burbank had 86 property sales for the month of July
There were 72 property sales in Burbank for July 2020.
Would you pay over $1.8 MILLION for this gorgeous home in Burbank?!
Here is the most expensive home for sale this week in Burbank.
Asking price: $1,825,000
This home has 4 bed/3 bath, 1,766 sq. ft. of living space, and is on a 6,881 sq. ft. lot.
The home features a gated front yard, hardwood floors throughout, dual sinks in the kitchen along with a subzero fridge, and wolf range.
The garage has been converted into a guest house and is where the 4th bedroom and 3rd bathroom are.
Text me if you want a tour at 818-445-7953.
This home is TOO HOT to handle! See for yourself.
“Hot Home” alert in Burbank.
Asking price: $1,280,000.
This home with ADU has 3 bed/2 bath, 1,526 sq. ft. of living space, and is on a 6,075 sq. ft. lot.
The home features hardwood flooring throughout, a new tankless water heater, a new cool-roof, and newer copper plumbing.
The kitchen has new stainless steel appliances, Viking range hood & a skylight.
The master bedroom has a large walk-in closet, and the central bathroom has stainless towel warmers and a 6 ft soaker tub.
There is also a bonus office space, basement, and storage unit.
Text me if you want a tour at 818-445-7953.
Burbank had 83 property sales for the month of June
There were 55 property sales in Burbank for June 2020.
Calling all 1st-time homebuyers - this "Hot Home" in Burbank could be yours!
“Hot Home” alert in Burbank.
Asking Price: $849,900.
This starter home has 2 beds 1 bath, 1,100 sq. ft. of living space, and is on a 6,535 sq. ft. lot.
The home features a large front porch, wood floors throughout, a fireplace in the living room, and a remodeled kitchen w/ sunny eating area.
The backyard has a custom pergola, fruit trees, and drought-resistant plants and trees. There is a detached 2-car garage that has ADU potential.
Text me if you want a tour at 818-445-7953.
Burbank had 68 property sales for the month of May
There were 92 property sales in Burbank for April 2021.
Here’s an easy way to show your friends you care - REFER ME to sell their home!
If your friend is thinking of selling their home, I would appreciate it if you referred me.
Feel free to give them my number: 818-445-7953.
Thanks!
'This isn't a bubble'
Economists say the housing market isn’t getting overinflated. “We have strong conviction that we are not experiencing a bubble in U.S. housing,” Vishwanath Tirupattur, a Morgan Stanley strategist, wrote in a note to clients this week. Lawrence Yun, chief economist of the National Association of REALTORS®, agrees. He said: “This is not a bubble. It is simply lack of supply.
”However, the rapid rise in prices may be concerning to home shoppers. The median selling price for a home is up $35,000 compared to a year ago, which is the fastest-paced increase since 2006, Tirupattur said.
But this isn’t 2006. Housing inventories are low, credit remains tight, and lenders aren’t issuing risky loans at rates like they did back then. Product risk—such as from mortgages with introductory periods, teaser rates, or balloon payments—comprised about 40% of the mortgage market between 2004 to 2006. More recently, those factors are now at only 2% of the mortgage market, according to Morgan Stanley.
Also, the housing market has a record low number of homes available for sale. At the end of March, there were 1.07 million homes available for sale, according to NAR data. For comparison, during the housing bubble, in July 2007, there were more than four times that—4 million homes available for sale.
