L.A. real estate news and insights.
Here is the most expensive home for sale this week in North Hollywood.
This home has 5 bed/4 bath, 2,600 sq. ft. of living space, and is on a 7,263 sq. ft. lot.
The home features a 1 bed/1 bath ADU, a brand-new pool, synthetic grass, and paid-off solar panels.
Text me for a private tour at 818-445-7953.
This tiny home sold for how much?!?
This Craftsman Bungalow in West Hollywood has 1 bed/1 bath, 565 sq. ft. of living space, and is on a 2,240 sq. ft. lot.
This year's sales tally is 41% lower than during the pandemic boom two years ago.
Source: CoreLogic
Update Alert! Did you see what this tiny home sold for?
-2 bed/1 bath
-572 sq. ft. of living space
This is the most unique home for sale in Sherwood Forest.
This Custom-built English Tudor home has a total of 7 bed/7 bath, 5,978 sq. ft. of living space, and is on a 13,502 sq. ft. lot.
The property features a main home, a guest house, an outdoor waterfall shower, and a newly renovated pool and spa in the backyard.
Asking price: $2,099,000
Text me if you want a tour: 818-445-7953.
Here is the smallest home sold this week in LA.
This tiny home has 2 bed/1 bath, 662 sq. ft. of living space, and is on a 2,925 sq. ft. lot.
Here is the smallest home for sale this week in West Hollywood.
This Craftsman Bungalow has 1 bed/ 1 bath,565 sq. ft. of living space, and is on a 2,240 sq. ft. lot.
The property features privacy fencing, a wrap-around deck, a fire pit, and a lounge area.
Asking price: $1,160,000
Text me for more info at 818-445-7953.
This is the smallest home sold this week in Los Angeles.
Asking price: $620,000
Selling price: $725,000
Here is the smallest home for sale this week in LA!
This home has 2 bed/1 bath and 572 sq. ft. of living space.
Asking price: $999,990
Text me for more info at 818-445-7953.
Here is the cheapest home sold this week in LA
This home has 2 bed/1 bath, 616 sq. ft. of living space, and is on a 2,340 sq. ft. lot.
The remodeled home features an updated kitchen, new laminate wood flooring, and a new bathroom tile and vanity.
Asking price: $449,900
Selling price: $445,000
Here is the smallest home sold this week in LA!
This home has 2 bed/1 bath and 468 sq. ft. of living space.
Asking price: $459,900
Selling price: $485,000
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!
At their last meeting in June, the Fed had a 75-basis point increase. That played a big part in the mortgage interest rates shooting up like crazy.
The Fed will now meet again at the end of July. Many economists predict the Fed will tighten its monetary policy further to control inflation. That could lead to another 75- or 100-basis point increase in the Fed’s short-term benchmark rate. While the Fed’s benchmark rate does not directly impact mortgage rates, it does influence them.
NAR Chief Economist Lawrence Yun said following the Fed’s last rate hike in June—its largest since 1994—that the buyer pool could shrink even further as mortgage rates increase.
Just met a woman a few days ago at a business event, and we immediately began talking about real estate. She mentioned she had put her home on the market a few weeks ago. During the first week on the market, she had little activity and no offers. Anyone following the real estate market knows it has been red hot, so this had come as a surprise to her. She said that higher interest rates, inflation, the stock market being down, and the crypto market crashing all played a big part in why her home was not getting the attention she was anticipating. Therefore, she dropped her asking price by $100,000. She eventually got a couple of offers and closed escrow on her property for lower than she had hoped for.
She kept saying how grateful she was for getting the selling price she got. I thought to myself she dropped her price $100K, how could she still be grateful? She said she was grateful because her home's value had increased 20% over the last 12 months. She said she didn't get the absolute peak of the market of 20% profits, but she got 15% profits. She was thrilled that her home's value went up 15%, was able to make some money, and move on to the next chapter of her life.
My new friend makes a very good point. Would you be happy if I told you that your home's value would go up 15% in one year? Of course you would! So forget about what you could have sold your home for last month and look at the huge profits you could still get today.
Enjoy these profits while you can, because by the looks of things, the housing market is in for a major shift.
Off-market property in West Hollywood.
This Penthouse Condo has 2 bed/3 bath, over 1,500 sq. ft. of living space, and a huge rooftop deck.
There is an indoor/outdoor living experience with private outdoor spaces with panoramic views.
The building amenities include two side-by-side parking spaces, storage, and a community pool.
Text me for a private showing at 818-445-7953.
