L.A. real estate news and insights.
Text me for a tour at 818-445-7953.
This is the cheapest home for sale this week in Burbank.
Asking price: $729,000
This home has 2 bed/1 bath, almost 800 sq. ft. of living space, and is on a 2,500 sq. ft. lot.
The home features updated floors, carpet, central air/ heat, new plumbing and faces the Chandler Bike Path.
This is the biggest fixer-upper to hit the market this week in Burbank.
This 2-story home has 3 bed/2 bath, over 2,400 sq. ft. of living space, and is on a 7,600 sq. ft. lot.
Asking price: $950,000
Text me for a tour at 818-445-7953.
This is the cheapest home for sale this week in Burbank.
This home has 2 bed/2 bath, over 1,000 sq. ft. of living space, and is on a 6,300 sq. ft. lot.
The home features an updated bathroom, recessed lighting, a tankless water heater, a large rear yard, and fruit trees.
Text me for a tour at 818-445-7953.
Open House!
Sunday, December 3rd
1:00 PM - 4:00 PM
333 W Alameda Ave. #301
Burbank, CA 91506
Asking Price: $449,995
1 Bed | 1 Bath | 636 Sq. Ft..
For more info, visit BurbankTinyHome.com.
For a private tour call/text the listing agent, Daniel Madariaga, at 818-445-7953.
2471 Venus Drive
Los Angeles 90046
This home has 5 bed/3 bath, 3,440 sq. ft. of living space, and is on an 8,905 sq. ft. lot.
The renovated 2-story home features a chef's kitchen, family room, washer/dryer, 3-car garage, and an expansive backyard with a pool and grassy area.
Lease price: $10,500 Monthly
333 W Alameda Ave. #301
Burbank, CA 91506
For more info on price, or for a private tour call/text the listing agent, Daniel Madariaga, at 818-445-7953.
To watch the property video, visit BurbankTinyHome.com.
This condo has 1 bed/1 bath, and 636 sq. ft. of living space.
The unit features an open floor plan, stainless steel appliances, 2 balconies, in-unit washer/dryer, central AC/Heat, and 2 parking spots.
This is the cheapest home for sale this week in Burbank!
This home has 2 bed/1 bath, 1,100 sq. ft. of living space, and is on an 8,000 sq. ft. lot.
Asking price: $749,900
This Burbank modern farmhouse has a total of 4 bed/3 bath, 2,485 sq. ft. of living space, and is on a 6,599 sq. ft. lot.
There is a detached 1 bed/ 1 bath ADU, a large grass area, and a patio in the backyard.
Asking price: $1,949,000
Text me if you want a tour: 818-445-7953.
Fender CEO just sold his Hollywood Hills home in an off-market deal.
The home has 4 bed/5.5 bath, 4,744 sq. ft. of living space, and is on a 39,277 sq. ft. lot.
Selling price: $10,500,000
Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates.
Existing home sales jumped 14.5% last month from January to a seasonally adjusted annual rate of 4.58 million, the National Association of Realtors said Tuesday.
The surge in sales — the biggest on records going back to 1999 — ended a 12-month slide that knocked the nation’s housing market into its deepest slump in nearly a decade and left sales in January at the slowest pace in more than a dozen years.
Last year around this time it was not unusual to see 30 offers for one property. That is not an exaggeration. Then interest rates went up and buyers got scared. In the 4th quarter of 2022, a home on the market was lucky to get 1 offer.
Today, buyers have accepted the higher rates and are actively looking to buy.
I can now report that homes that are priced at market value and are in a decent location are seeing multiple offers again. I have first-hand knowledge of homes in and around the San Fernando Valley that are getting 5, 12, or even 20 offers.
The homes that are overpriced or in a bad location are sitting on the market. Some will point to those homes and say the market is tanking. If you believe the market is tanking then you are not in the real estate trenches.
This data shows why we are seeing multiple offers on properties again... there are still not enough homes for sale!
Closed sales this past January fell to 9,938, the lowest number of transactions in records dating back 35 years, real estate data firm CoreLogic reported Tuesday, Feb. 28.
An average January has about 17,000 closings.
We need more homes to hit the market to meet buyer demand!
This is the cheapest home for sale this week in Burbank.
Asking price: $879,000
This home has 2 bed/1 bath and 1,138 sq. ft. of living space on a 6,279 sq. ft. lot.
The property features an updated kitchen, a single-car attached garage, and the backyard has a large patio and room to add on or build an ADU.
Text me for more info at 818-445-7953.
Mario Lopez just sold his beautiful Burbank home!
Asking price: $2,350,000
Selling price: $2,090,000
This Spanish Villa has 5 bed/5 bath, 4,387 sq. ft. of living space, and is on an 8,119 sq. ft. lot.
The 3 story home features a gourmet kitchen with a breakfast area, formal dining room, family room, and office.
There is a large patio area with a built-in BBQ and pizza oven. There is also a swimming pool, spa, and poolside cabana.
Share of U.S. homes bought with all cash hits highest level since 2014. Roughly one-third (31.9%) of U.S. home purchases were paid for with all cash in October.
However, expensive West Coast metros dominate the list of places with the lowest share of all cash-purchases. They’re least common in the Bay Area: Just 14.3% of home purchases in San Jose and 16.5% in Oakland were made in cash. Next come Seattle (19%), Los Angeles (19.2%) and Newark, NJ (20%).
Source: Redfin analysis of county records
