51% of homes in LA are “Equity-Rich”

A home being equity-rich means that the combined estimated amount of loans secured by the property is 50% or less of the estimated market value.

In short, it means homeowners themselves have accumulated at least half of the equity in their homes.

In California, the percentage of mortgaged homes considered equity-rich grew to 46.1% in the fourth quarter (up from 39.7% in the third quarter).

The 10 with the highest shares of equity-rich properties in the fourth quarter of 2020 again were in the West, with the top five in California.

Los Angeles is at 51.7%.

Source: ATTOM Data Solutions, a real estate research firm.

This home sold over the asking price this week in North Hills. Did they pay too much?

Here is the most expensive home sold in North Hills this week.

Asking price: $899,000

Sale price: $941,000

This home has a total of 5 bedrooms/ 3.5 bathrooms, 2,661 sq. ft. of living space, and a 7,805 sq. ft. lot.

The home features a newly remodeled farmhouse kitchen and a 2 bed / 1 bath guest unit above the garage.

This La Cañada home has been on the market FOREVER! Will it ever sell?

This home has been on the market longer than any other active La Cañada home... 673 days total.

Asking price: $10,000,000

This home w/ attached guest house has a total of 5 bed/9 baths, 13,097 sq. ft. of living space, and the lot size is 1.18 Acres.

The property features a home theater, wine cellar, home gym w/ sauna, and a 4 car garage/motor court.

Outside there is a custom tiled pool & spa, along with lush landscaping.

Text me if you want a tour at 818-445-7953.

I want to show you my latest OFF MARKET property in Los Angeles

Off Market Property in Los Angeles!

Not available to the public!

The asking price is $1,995,000.

This quiet cul-de-sac home has 3 bed/3 baths, 2,724 sq. ft. of living space and an 11,783 sq. ft. lot.

The home features a gas fireplace in the living room, a sunlit kitchen with top of the line appliances, and a backyard that has a private deck, patio, and spa.

The home is within walking distance to the Beverly Glen Center – with restaurants & shopping.

Text me if you want a tour at 818-445-7953.

STOP everything and take a look at this "Hot Home" in Eagle Rock!

“Hot Home” in Eagle Rock!

The asking price is $1,449,988.

This renovated traditional farmhouse smart home has 4 bed/4 baths, 2,140 sq. ft. of living space, and a 6,997 sq. ft. lot.

The home features an open concept living space with 15 ft vaulted ceilings.

A tablet controls your lighting, Nest Climate, Ring Doorbell, and Sonos built-in speaker surround system.

Text me if you want a tour at 818-445-7953.

Here is the cheapest home for sale this week in Tujunga - remodeled top to bottom!

This is the cheapest home for sale this week in Tujunga.

Asking price: $779,000

The property has 3 bed/2 baths, 1,572 sq. ft. of living space and a 5,467 sq. ft. lot.

The home features a breakfast bar and stainless steel appliances in the kitchen, an ensuite bathroom in the master bedroom, and a swimming pool in the backyard.

Text me if you want a tour at 818-445-7953.

Here is the most expensive price per sq. ft. home sold in Glendale this week

Here is the most expensive home sold per square foot this week in Glendale.

The selling price of the home was $1,210,000

Price per sq. ft. - $1,025.42

This Spanish bungalow has 3 bed/1.5 baths, 1,180 sq. ft. of living space and a 7,915 sq ft. lot.

The home features three separate structures: the main house, a wood cabin used for an artist studio, and a garage converted into an office.

Do you think the buyers overpaid?

The LaBianca home is up for sale AGAIN! Do you know this home's infamous backstory?

This week’s "Hot Home” is the infamous LaBianca Los Feliz home.

Asking price: $1,999,999

The property has 2 bed/2 baths, 1,655 sq. ft. of living space and a 31,058 sq. ft. lot.

The home features an expansive living room with a gas fireplace.

There is also a covered patio that overlooks the pool.

If you still want a tour after discovering the backstory of this home, text me at 818-445-7953.

Come see my NEWEST off-market property in Los Feliz. Lovin' that view!

Los Feliz off-market property!

Not available to the public!

Asking price: $2,595,000

The property located above Los Feliz Blvd. has 4 bed/3 baths, 3,153 sq. ft. of living space and an 11,058 sq. ft. lot.

The home features 20-foot ceilings in the foyer, a spacious kitchen with an island, a covered patio in the backyard, fire pit, built-in BBQ, and 180-degree city and downtown VIEWS.

Text me if you want a tour at 818-445-7953.

Don't wait! Text me now to tour this off-market West Hollywood condo!

Here is my latest OFF MARKET property!

This time we are in West Hollywood.

This full-service condo has 2 bedrooms, 2.5 bathrooms, and 2,252 sq. ft. of living space.

The home features panoramic views of Beverly Hills and Century City, indoor/outdoor living, recessed lighting, and high ceilings.

There is a 24-hr doorman, valet service, concierge, gym, tennis court, rooftop pool, a clubhouse with views from DTLA to the Beach, and 24-hour security.

Text me if you want a tour at 818-445-7953.

WATCH the video to see why this was the cheapest home to sell this week in Canyon Country!

Here is the cheapest home sold this week in Canyon Country.

Asking price: $459,999

Selling price: $505,000

This starter home has:

•2 bedrooms

•2 bathrooms

•891 sq. ft. of living space

•8,973 sq. ft. lot

•No HOA fees or Mello Roos

Do you think the sellers got a good deal?