L.A. real estate news and insights.
Redone in reclaimed wood sourced from a Montana barn, you have this beautiful Valley Village home that just sold.
•5 bedrooms
•5 bathrooms
•3,920 sq. ft. of living space
•7,956 sq. ft. lot
The property features a gourmet kitchen, wine cellar, pool, spa, and outdoor cabana with fireplace.
Asking price: $2,845,000
Selling price: $2,750,000
Here is your latest "Hot Home" alert: Asking price: $850,000
•2,241 sq. ft. of living space
•10,347 sq. ft. lot
•5 bedrooms
•3 bathrooms
Built in 1957 this updated home has a nice pool and solar panels to help out with the electrical bill.
Text me if you want a private tour at 818-445-7953.
This Encino home has been on the market for 311 days.
I would think a price drop would be coming soon.
A good strategy would be to come in with a lower offer now before they drop the price and start getting offers from other buyers.
•5 bedrooms
•8 bathrooms
•6,560 sq. ft. of living space
•22,274 sq. ft. lot
•Pool & spa
Asking price $2,999,000
Text me if you want a tour 818-445-7953.
Hey Friends and Clients,
Without your help, our business would be dead.
Thank you for telling your friends and family about our real estate services!
It would mean the world to us if you continued to share our message with homeowners you know who are ready to make a move.
Please let me know if you have a friend, coworker, or neighbor who might be thinking about selling their property.
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Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic.
The Commerce Department reported Tuesday that new homes were started at an annual pace of nearly 1.5 million in July, highest since February and well above what economists were expecting.
Housing starts have now risen three straight months after plunging in March and April as the virus outbreak paralyzed the American economy.
Last month’s pace of construction was 23.4% above July 2019’s.
Source: Los Angeles Daily News
Why do you think this home isn't selling?
•5 bedrooms
•5 bathrooms
•4,424 sq. ft. of living space
•17,311 sq ft lot
Asking price: $1,945,000.
Here are some national stats:
•Time on the market is now 4 days faster than last year.
•Median listing prices grew at 9.4 percent over last year.
•New listings were down 11 percent.
•Total inventory was down 35 percent.
•The West region of the U.S. continues to lead in the national housing recovery during the pandemic.
The biggest problem with this home is that it's located on one of the busiest streets in Burbank.
•2 bed, 1 bath
•973 sq. ft.
•Lot: 5,394
Want a private tour? Text me at 818-445-7953.
Since this past Spring selling season was essentially canceled due to Covid-19, the built-up buyer demand is reaching its peak right now.
If a home is reasonably priced, it is getting multiple offers, leaving many buyers frustrated and many sellers cashing in.
If you are a potential home seller, now is the time to strike.
The California housing market rebounded in June with its largest month-to-month sales increase in nearly 40 years.
Reversing a two-month consecutive drop below 300,000 units caused by the coronavirus pandemic, June’s sales total climbed 42.4 percent from 238,740 in May and was down 12.8 percent from a year ago, when 389,730 homes were sold on an annualized basis.
The month-to-month increase was the largest since C.A.R. began reporting monthly sales in January 1979.
Source: California Association of Realtors
Move-in ready homes are still very high in demand, but with the housing inventory being tight, buyers are not so quick to dismiss those homes that need a little more TLC as they have done so in the past.
If you have time to oversee the remodel, have cash on hand to pay for the remodel, and are up for the challenge, I suggest getting a fixer-upper.
That is how you build wealth in real estate.
Here is the most expensive home on the market this week in La Canada Flintridge.
The asking price is $4,450,000.
Want a tour? Text me at 818-445-7953.
LeBron James reportedly scores Lee Phillip Bell’s L.A. compound according to The Real Deal.
The selling price was $39,000,000.
This is the third L.A. County mansion purchase for James, who signed as a free agent with the L.A. Lakers in the summer of 2018.
Before signing with the Lakers, James bought two homes in Brentwood for $23 million and $21 million each.
The Samuel-Navarro House just sold for $3,475,000.
Built-in 1928, this home was designed by master architect Lloyd Wright for Hollywood manager Louis Samuel and his wife.
2,690 square feet. Lot: 13,267 square feet. 3 bed / 3 bath.
Famous occupants and/or owners include Diane Keaton and Christina Ricci.
Do you like the Art Deco design?
🚨”Hot Home" status alert🚨
Asking price is $1,099,000.
If you are interested in a private tour text me at 818-445-7953.
