Spring 2023 has shaped up as one of the slowest-selling seasons on record for Southern California.
Low housing inventory has kept home prices afloat.
L.A. real estate news and insights.
Spring 2023 has shaped up as one of the slowest-selling seasons on record for Southern California.
Low housing inventory has kept home prices afloat.
Rod Stewart’s former Wave House hits the market in Malibu.
Asking price: $49,500,000
Text me if you want a tour: 818-445-7953.
Jennifer Lopez & Ben Affleck finally buy Beverly Hills mansion.
Original asking price: $135M
Last asking price: $75M
Selling price: $60,850,000 – all cash
This mansion has 12 bed/24 bath, 38,000 sq. ft. of living space, and is on over 5 acres of land.
This "waterfront" home has 1 bed/1 bath, 462 sq. ft. of living space, and is on a 1,819 sq. ft. lot.
The property is below street level and embedded into the side of a bridge overlooking the Alhambra wash.
Text me if you want a tour: 818-445-7953.
Measure ULA — also known as the “mansion tax” — was passed by L.A. voters in November 2022 to establish the city’s first dedicated stream of affordable-housing revenue. The measure adds a 4 percent tax to sales over $5 million and 5.5 percent tax to sales over $10 million.
Restored 1907 Mission Revival for sale in Angelino Heights.
This home has 4 bed/2 bath, 2,711 sq. ft. of living space, and is on a 5,868 sq. ft. lot.
Asking price: $2,495,000
Text me if you want a tour: 818-445-7953.
A Saudi Prince lists Bel Air mansion.
This home has 9 bed/13 bath, 20,000 sq. ft. of living space, and is on 1.15 acres.
The property features breathtaking views, a 20-seat theater, a wine room, a wellness center, a state-of-the-art gym, and a full-size tennis court.
There is a 250 ft infinity pool, reportedly one of the biggest in LA!
Asking price: $75,000,000
Text me if you want a tour: 818-445-7953.
The Eagles’ Joe Walsh buys Sherman Oaks Bungalow.
Asking price: $2,395,000
Selling price: $2,345,000
This home has 3 bed/3.5 bath, 2,446 sq. ft. of living space, and is on a 9,120 sq. ft. lot.
The gated property features a home theater, an ADU, a secret vegetable garden, a pool, BBQ, and a pool house.
This is considered the 2nd most photographed home in the USA after the White House!
HGTV purchased ‘The Brady Bunch’ home and recreated the show's interior design into a near-exact replica of the show's 1970s decor.
Text me if you want a tour: 818-445-7953.
Home sales across Southern California have fallen steeply, with the number of deals down by almost half.
Buyers closed on 13,201 single-family homes and condos in April, down 46 percent in a year, the Orange County Register reported, citing figures from CoreLogic.
It was the third biggest, year-over-year drop since records began in 1988.
The wrench in the machine is high mortgage rates and low housing inventory, with the local housing market seeing its slowest-selling April in 35 years. It was also the 18th-worst sales month total on record.
Sales in Los Angeles were down 39 percent, according to the Register.
The Southern California market has a 2.5-month supply of single-family homes waiting to be sold, 34 percent below the average since 2008.
Former LA Ram, Jalen Ramsey, lists Hidden Hills mansion.
This Modern Farmhouse style home has 7 bed/8.5 bath, 10,100 sq. ft. of living space, and is on 1.14 acres of land.
Asking price: $13,995,000
Text me if you want a tour: 818-445-7953.
Katy Perry buys Garmin billionaire’s customized Sierra Towers penthouse.
This condo has 2 bed/3 bath, 3,001 sq. ft. of living space, and the HOA is $5,294 a month.
Building amenities include a new pool, spa, gym, conference facilities, 24-hour security, and valet services.
Asking price: $12,499,500
Selling price: $11,000,000
YouTuber turned TikToker Gabbie Hanna lists Studio City home.
This Cape Cod style home has 5 bed/5 bath, 3,100 sq. ft. of living space, and is on a 6,638 sq. ft. lot.
Asking price: $3,088,000
Text me if you want a tour: 818-445-7953.
Beyoncé and Jay-Z just set the record for the most expensive home sale in California.
This Malibu mansion has 40,000 sq. ft. of living space and is on 8 acres of blufftop land with ocean and coastline views.
Construction of the property began in 1999 and took 15 years to complete.
There is a large backyard with two outdoor pools and a reflecting pool.
Asking price: $295,000,000
Selling price: $200,000,000
Sorry Los Angeles... you didn't make the cut!
A midsize town in Georgia about 75 minutes by car from Atlanta is the nation's hottest real estate market, as a tide of renters flee pricey cities in search of homes in more affordable places.
That's the takeaway from a new Bankrate analysis of nearly 200 housing markets around the country. The personal finance website ranked the top most attractive and active housing market and found that Gainesville, Georgia, was No.1. Bankrate based its ranking on factors such as which cities had the strongest job growth, fastest population growth, largest home value appreciation, lowest unemployment rate and highest rate of homes for sale.
Rounding out the top five real estate markets were:
-Knoxville, Tennessee
-Fort Myers, Florida
-Sarasota, Florida
-Charlotte, North Carolina
Have you ever thought of moving to one of these 5 cities?