Here is the longest active home on the market in Pasadena... 528 days!
Original Asking Price: $7,495,000
Latest Asking Price: $6,599,000
This home has 5 bed/7 bath, 7,339 sq. ft. of living space, and is on 50,314 acres of land.
The 1910 English Arts and Crafts estate features a chef's kitchen, library, dining/ gaming area, kitchenette, billiard room, and climate-controlled wine room.
Outside there is an outdoor fireplace, custom kitchen, BBQ, multiple water features, and a children's pool.
Text me if you want a tour at 818-445-7953.
Here is the cheapest home sold in Eagle Rock this week!
Is this too much money for a home across the street from apartment buildings?
This is the cheapest home sold in Eagle Rock this week.
Asking price: $920,000
Sale price: $905,000
This home has 3 bed/2 bath, 1,500 sq. ft. of living space, and is on a 6,939 sq. ft. lot.
The home features hardwood flooring throughout, it was newly painted inside/ out, and there is all new plumbing, electrical, and heating.
There is a large covered front porch and lots of fruit trees on the property. The property was sold in AS-IN condition.
Report: Student debt sidelines 1/2 of buyers
Student debt has long been blamed for preventing many home sales. Half of potential home buyers surveyed this year say they haven’t bought yet because of student debt, according to a report by the National Association of REALTORS® and Morning Consult. Millennials are the most likely to point to student debt for delaying homeownership.
“Housing affordability is worsening, leaving future home buyers with student debt at a severe disadvantage,” NAR President Charlie Oppler told CNBC.
Student loan debt can affect eligibility for a mortgage. A borrower’s payment history on student loans can affect their credit score. Any defaults on student loans will make it more difficult to get approved for a mortgage, lenders say.
But those with student loan debt are still finding ways to buy. For example, they can apply for a mortgage with a co-signer such as a family member or friend to help to improve their credit status.
Staying current on student loan payments is crucial, Mark Kantrowitz, a higher education expert, told CNBC. Borrowers should avoid deferments or forbearances leading up to homeownership.
Kantrowitz noted one exception, however: the current option to pause payments without accruing interest. The U.S. Department of Education started offering this option to borrowers at the beginning of the pandemic, though it will end in January. “The eligible federal student loans are reported as current to the three national credit reporting bureaus, so there shouldn’t be an impact on applying for a mortgage,” Krantowitz told CNBC.
Looking to buy a home? Then take a look at the cheapest home for sale this week in Encino!
Here is the cheapest home for sale this week in Encino.
Asking price: $799,000
This home has 2 bed/2 bath, 1,631 sq. ft. of living space, and is on a 6,311 sq. ft. lot.
The home features a sunken family room and hardwood floors throughout.
The backyard has a heated pool and a detached garage that has ADU potential.
Text me if you want a tour at 818-445-7953.
There are VIEWS FOR DAYS at the most expensive home sold in La Crescenta this week!
This is the most expensive home sold this week in La Crescenta.
Asking price: $1,349,000
Selling price: $1,777,000
This mid-century modern home has 3 bed/2 bath, 1,950 sq. ft. of living space, and is on a 12,000 sq. ft. lot.
The home has had extensive remodeling done over the past few years.
There is an updated kitchen, bathroom, surround outdoor lighting, soft-light recessed lights throughout, iron double-doors, and a large pantry/laundry room.
There is a recently completed heated salt-water pool with jacuzzi and water cascades outside along with wide-angle views of DTLA and the Crescenta and San Fernando Valleys.
You can't find this off-market West Hills home anywhere else but here!
Here is my latest Off-Market property in West Hills!
•3 bedrooms
•3 bathrooms
•1,910 sq. ft. of living space
•10,985 sq. ft. lot
The home features solar panels, 2 fireplaces, a bonus room perfect for an office or gym, and a private backyard w/ covered patio.
Text me if you want a tour at 818-445-7953.