offmarketproperties

You can't find this off-market Encino condo anywhere else but here!

For the general location, in Google maps, put in "Burbank Blvd. and Ventura Blvd."

Text me for more info at 818-445-7953.

This condo has 2 bed/2 baths and 990 sq. ft. of living space.

The building amenities include a pool, spa, gym, and clubhouse.

Don't sleep on my latest off-market property in Sylmar! Available now!

For the general location, in Google maps, put in "Almetz St. and Fenton Ave."

Text me for more info at 818-445-7953.

This home has 3 bed/3 baths and 2,050 sq. ft. of living space.

The 2-story home features an open floor plan, a breakfast bar in the kitchen, a loft at the top of the stairs, and a primary ensuite with high vaulted ceilings.

The HOA covers the water utility, front yard, gardening basketball court, and visitor parking area.

If you have a BIG family - this is the home for you! Available now in Granada Hills!

Text me for more info at 818-445-7953.

For the general location, in Google maps, put in "Rinaldi St. and White Oak Ave."

This 2-story home has 6 bed/4 bath, 5,864 sq. ft. of living space, and is on a 15,475 sq. ft. lot.

There is also a 1,100 sq. ft. detached ADU.

The backyard features an extended back porch, pool with spa, and an outdoor kitchen with a built-in BBQ.

Corner unit with panoramic views - this off-market condo in LA is too good to pass up!

For the general location, in Google maps, put in "Wilshire Blvd. and Warner Ave."

Text me for more info at 818-445-7953.

The units remodel will be complete in a few weeks.

This condo has 2 bed/2 bath and 1,002 sq. ft. of living space.

The corner unit features both north and south panoramic balcony views, high ceilings, and secure tandem parking.

The full-service building offers valet parking and an onsite manager.

The building has a newly remodeled gym, pool, and spa.

Wanna build your own house? Then check out my latest OFF MARKET property in Valley Glen!

Text me for more info at 818-445-7953.

For the general location, in Google maps, put in "Burbank Blvd. and Woodman Ave."

The property comes with fully approved RTI permits to build a new single-family home.

The existing home has 3 bed/2 bath, 1,500 sq. ft. of living space, and is on an 8,200 sq. ft. lot.

There is room for a backyard pool and an ADU.

I have another off-market property available! A 2-story ranch home w/ pool in Stevenson Ranch!

For the general location, in Google maps, put in "Stevenson Ranch Pkwy and Stafford Canyon Rd."

Text me for more info at 818-445-7953.

This 2-story ranch home has 3 bed/3 bath.

The home features an open floor plan, high ceilings, natural light, a formal living room with a wet bar, and a family room with a fireplace.

The backyard has a pool with a waterfall feature and a covered patio.

Check out this off-market condo in Encino before it hits the market! Don't wait!

Coming Soon!

4610 Densmore Ave #3.

Encino, CA 91436

Text me for more info at 818-445-7953.

This condo has 3 bed/2 bath and 1,404 sq. ft. of living space.

The first-floor unit has an open floor plan, in-unit laundry, and a private front patio.

The grounds have a community pool, an outdoor BBQ area, and 2 side-by-side parking spaces are included.

My newest off-market property has an infinity pool & amazing views! See for yourself!

For the general location, the nearest major cross streets are Mulholland Dr and Woodrow Wilson Dr. in the Hollywood Hills.

Text me for more info at 818-445-7953.

This English Tudor home has 6 bed/8 bath, 7,202 sq. ft. of living space, and is on a 29,927 sq. ft. lot.

The compound features vaulted beamed ceilings, 4 fireplaces, both upstairs bedrooms are private ensuites and a 2-story guest house.

The grounds are private with multiple seating areas, a heated ozone infinity pool and spa, and panoramic views of the valley.

Foreclosures represent less than 1% of sales

Foreclosures and short sales remain historically low, representing less than 1% of home sales in April and down from 2% a year earlier.

Source: National Association of REALTORS®

Deutsche Bank predicts US recession in 2023

13 years ago, when many of the homes on the market were bank-owned, I remember looking up for my clients which bank owned the property I was about to show them. The one name that kept coming up was "Deutsche Bank". I could not believe how many foreclosures they were stuck with at that time. Since they know a thing or two about recessions, I advise you to take their opinion into consideration.

"We no longer see the Fed achieving a soft landing," Deutsche Bank economists led by Matthew Luzzetti said in the analyst note. "Instead, we anticipate that a more aggressive tightening of monetary policy will push the economy into a recession."

Fewer buyers searching for a home

In Los Angeles County, the median price increased last month to $781,050, up from $773,490 in February and $689,440 a year ago — a year-to- year increase of 13.3%.

While sales remained solid, there are signs that imply a market slowdown could be forth coming in the second half of 2022. A quarterly report released by National Association of Home Builders suggests that fewer buyers were trying to find a home to buy in the first quarter of this year. The share of prospective buyers who were actively searching declined to 46% in Q122, back to pre-pandemic levels after reaching a recent peak of 61% in Q221.

For those who had not been successful in finding a home, the share who plan to give up their home search until next year or later rose for the third straight quarter to 25% in Q122, after bottoming out at 20% in Q221.

Higher mortgage rates and double-digit growth in home prices are slowing down the housing demand momentum and the effect may become evident very soon.

Source: California Association of Realtors.

Don't wait! Contact me NOW to tour my latest move-in-ready off market property in West Hills!

Not available on Zillow, Redfin, or the MLS... Off-market property in West Hills!

This move-in ready home has 4 bed/3 bath, 2,333 sq. ft. of living space and is on a 7,508 sq. ft. lot.

The renovated & remodeled home features dual pane windows, high ceilings in the living room, stainless steel appliances in the kitchen, and a large family room with a fireplace.

There is a bonus room downstairs with a separate entrance and kitchenette.

The private backyard has a fishpond & fruit trees.

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

LA county median home prices 1% last month

The median price of a single-family home in Los Angeles County edged up 1% last month, but sales of existing homes dropped slightly, the California Association of Realtors reported this week.

The median home price countywide in May was $725,680, compared to $718,440 in April, according to CAR.

On a year-over-year level, the price was 31% higher; in May 2020, the median price of an existing single-family property was $553,710, data showed.

The median represents the point at which half of homes sell above a price, and the other half below it.

Keep in mind Inventory is expected to rise this summer. Do you think that will cause home prices to drop?

If you like stunning views & a rooftop pool, then you will LOVE my new off-market property!!

Off-market home in the Hollywood Hills available NOW!

This multi-level home above Sunset Blvd. has 4 bed/4 bath, 4,414 sq. ft. of living space, and is on a 7,223 sq. ft. lot.

The home features an elevator, custom bar, fireplaces, drop-down projector, large windows, and multiple balconies.

The master suite has direct access to the private outdoor space and there are expansive views from every floor.

There is a rooftop deck with a pool, outdoor shower, and entertaining space.

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

See all my off-market properties at OffMarketShowings.com.

This is how long it takes to find a home buyer...

•27% of home sellers said they had five or fewer in-person showings before finding a buyer.

•26% had between 6 and 10 in-person showings before finding a buyer.

•10% say they had no in-person showings at all and were still able to sell their home.

Source: A new survey of about 1,600 homeowners conducted by Homes.com.

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