There were 57 property sales in Burbank for October 2019.
Find out the truth about this just sold, storybook home in the Burbank Hills
This is Burbank's most expensive home sold this week. Classic storybook home in the Burbank Hills.
It's a corner lot, so a big part of the lot is on the front/side yards, leaving little room in the backyard.
•4 bedrooms
•3 bathrooms
•2,399 sq. ft. of living space
•6,167 sq. ft. lot
•Remodeled chef's kitchen
•Finished attic room
Asking price: $1,399,000
Selling Price: $1,385,000
You must see this UNIQUE, WEIRD, COOL Shadow Hills home that is on the market right now!
This is definitely the most unique home to hit the market this week in Shadow Hills.
•4 bedrooms
•3 bathrooms
•2,882 sq. ft. of living space
•31,244 sq. ft. lot
•10 car covered garage with car lift, storage, and workshop
•Apartment treehouse and separate guest house
Asking price: $1,495,000
Interested? Text me if you want a tour at 818-445-7953.
See why this Burbank property was deemed a "Hot Home"
Burbank's latest "Hot Home" is located in the Magnolia Park neighborhood.
•3 bedrooms
•3 bathrooms
•1,603 sq. ft. of living space
•7,297 sq. ft. lot
•Pool
•Guest house & a detached 2 car garage
Asking price: $949,999
Text me if you want a tour at 818-445-7953.
See Valencia's cheapest price per sq. ft. home to sell this week
This property is located on a cul-de-sac in the Tesoro Del Valle Neighborhood.
•5 bedrooms
•4 bathrooms
•3,389 sq. ft. of living space
•6,241 sq. ft. lot
•2 car garage
HOA amenities include – tennis courts, 2 pools, a jacuzzi, gym, baseball field, and maintenance of the lake.
Asking price: $750,000
Selling price: $770,000
Price per sq. ft. - $227.21
'Wonder Woman 1984' screenwriter buys this multimillion-dollar home. See for yourself!
"Wonder Woman" Screenwriter Dave Callaham just bought this Altadena home for $3,650,000... about $150K above asking price.
•4 bedrooms
•4bathrooms
•5,508 sq. ft. of living space
•20,222 sq. ft. lot
The property features a chef’s kitchen w/ eat-in area, gym, movie theater, and swimming pool.
Toluca Lake waterfront home with Burbank address. Don't miss out on owning this RARE home!
Toluca Lake Waterfront home with a Burbank address!
Do a complete remodel on this home and you will have a property that you can pass down from generation to generation.
•4 bedrooms
•5 bathrooms
•3,294 sq. ft. of living space
•16,312 sq. ft. lot
The home has its own dock, boathouse w/ wet bar, pool, outdoor brick fireplace, shower, and dressing room.
Asking price $4,995,000.
Text me if you want a tour at 818-445-7953.
The real estate market is in uncharted territory
Strong existing-home sales and record-high pending home sales in August indicate no homebuying slowdown in fall, NAR Chief Economist Lawrence Yun says in his latest monthly report.
The striking market turnaround since the early days of the coronavirus pandemic has brought a resurgence in bidding wars and proved housing’s resilience in an unusual and volatile year, Yun adds.
But a mix of surging buyer demand and low inventory puts the industry in uncharted territory.
The national median home price has soared to an all-time high of $300,000, threatening to “choke off” first-time buyers from the market and depress the national homeownership rate, Yun says.
More homebuilding is necessary to relieve some of the market pressures.
New-home sales hit more than a million year to date in September, an encouraging sign.
However, lumber shortages are pushing up new-home prices an average of $14,000 since April.
44% of owners dissatisfied with home since pandemic
Forty-four percent of respondents to a Sears Home Services survey of 1,000 people said they are less satisfied with their home since the beginning of the pandemic.
“There’s a sense of feeling ‘trapped’ when it’s required to remain inside; we’re missing the venues we used to frequent and perhaps noticing flaws of the home while spending more time there,” the survey notes.
Households with children all living in smaller spaces are more likely to be linked to owners’ dissatisfaction.
Homeowners with children were 10 percentage points more likely to say they felt less satisfied with their home than those without.
Also, homeowners with only one or two bedrooms were more likely to report being unsatisfied with their homes.
The growing dissatisfaction among homeowners after being hunkered down may be a big factor behind the surging housing market.
Contract signings on homes surged to a record high in August and are now 24% higher than a year ago, the National Association of REALTORS® reported Wednesday.
Survey respondents said the four top features they most want to add to their homes are a home gym (41%), home office (37%), gaming space (32%), and kitchen space (31%).
Source: “Making a House a Home in the Time of COVID-19,” Sears Home Services (September 2020).
Home contract signings surge to record high
Pending home sales are exceeding pre-pandemic levels and defying forecasts.
August marked the fourth consecutive month of escalating sales contract activity.
NAR’s Pending Home Sales Index—a forward-looking indicator based on contract signings—increased 8.8% in August to a record high of 132.8. (An index reading of 100 is equal to the level of contract activity in 2001.)
Contract signings are now 24.2% higher than a year ago.
Source: National Association of Realtors
Burbank had 73 property sales for the month of September.
There were 63 property sales in Burbank for September 2019.
Home prices up at least 10% in majority of country
Median home prices in the third quarter of 2020 are up by at least 10 percent from the third quarter of 2019.
The counties across the US that this statistic applies to are counties that have a population of at least 100,000 and at least 50 single-family home and condo sales in the third quarter of 2020.
Get it while it's HOT. This Lake Hollywood home won't be on the market for very long!
Hot Home alert for the Lake Hollywood area!
•3 bedrooms
•2 bathrooms
•1,904 sq. ft. of living space
•5,514 sq. ft. lot
•Hardwood floors
The property features a remodeled kitchen, soakers tub & separate glass shower in the master bath, and a very private backyard.
Asking price $1,475,000
Text me if you want a tour 818-445-7953.
Find out what they used to redo the exterior of this home in Valley Village
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