L.A. real estate news and insights.
Dodgers Star Mookie Betts just bought another home in Encino!
This tri-level home has 8 bed/10.5 bath, over 9,000 sq. ft. of living space, and is on over 2 acres.
The newly remodeled property features a rectangular swimming pool, an outdoor spa, and a full-size tennis court.
Rams Quarterback Matt Stafford just bought the most expensive home ever sold in Hidden Hills.
11947 Iredell St.
Studio City, CA 91604
7 bed / 9 bath
7,849 Sq Ft home
38,213 Sq Ft lot
Asking price: $8,900,000
Contact the listing agent, Daniel Madariaga, for a private tour 818-445-7953.
Kanye West is selling his Tadao Ando-designed Malibu home.
This home has 4 bed/5 bath, over 14,000 sq. ft. of living space, and is on a 5,674 sq. ft. lot.
Asking price: $53,000,000
Text me for a tour at 818-445-7953.
Do you think interest rates will go below 6% in 2024?
Realtor.com recently predicted that mortgage rates in 2024 will average 6.8% for the year and reach 6.5% by year's end.
Redfin said the 30-year mortgage rate will average 6.6% for the year.
Fannie Mae has the average at 6.7%
The National Association of Realtors (NAR) forecasts that mortgage interest rates will average 6.3% in 2024.
With 4,713,157 views across all my social media platforms, here is my #1 most-watched video of 2023! #repost
This is the smallest house sold in Los Angeles during one week in March.
Most of the 7,044 comments were about the astronomical cost of housing in LA and how much cheaper it is in other states. The comment section is definitely worth a read.
Stay tuned for more videos in 2024! Happy New Year!
With 2,770,576 views across all my social media platforms, my 2nd most-watched video of 2023 was about this for sale home that is located on a bridge!
This is what affordable housing in LA looks like! #repost
With 2,101,640 views across all my social media platforms, here is my 3rd most-watched video of 2023!
This was about the cheapest house sold in LA during one week in March of this year. #repost
Home prices may pick up speed after the Federal Reserve cuts rates next year, Fitch Ratings said.
In line with the central bank's own projections, Fitch expects the Federal Reserve to cut interest rates by 75 basis points in 2024.
Meanwhile, home prices are expected to rise as much as 3% next year, followed by a 2% to 4% boost in 2025.
Not everyone shares Fitch's price projections. For instance, Realtor.com sees lower mortgage rates slowing demand as buyers won't feel rushed to buy before rates rise further, resulting in a home-price dip of 1.7% in 2024.
Who's prediction do you think is correct, Fitch or Realtor.com?
Source: Business Insider
"Keeping Up With the Kardashians" fake house is for sale in Studio City!
11947 Iredell St.
Studio City, CA 91604
7 bed / 9 bath
7,849 Sq Ft home
38,213 Sq Ft lot
Asking price: $8,900,000
Contact the listing agent, Daniel Madariaga, for a private tour.
My new listing was featured on "Keeping Up With the Kardashians"!
11947 Iredell St.
Studio City, CA 91604
7 bed / 9 bath
7,849 Sq Ft home
38,213 Sq Ft lot
Asking price: $8,900,000
Contact the listing agent, Daniel Madariaga, for a private tour.
For a private tour call/text the listing agent, Daniel Madariaga, at 818-445-7953.
11947 Iredell St.
Studio City, CA 91604
This home has 7 bed/9 bath, 7,849 sq. ft. of living space, and is on a 38,213 sq. ft. lot.
The property features a chef's kitchen, family/ media room, wine cellar, and panoramic canyon views.
The entertainer's backyard includes a pool, spa, BBQ, and meticulously landscaped grounds.
Asking price: $8,900,000
For the chart below, Redfin and MLS data were used to highlight the top 15 U.S. cities by their percentage of million-dollar homes based on June 2023 home values in metropolitan statistical areas.
1 San Francisco, CA 81%
2 San Jose, CA 80%
3 Anaheim, CA 55%
4 Oakland, CA 49%
5 San Diego, CA 40%
6 Los Angeles, CA 38%
7 Honolulu, HI 38%
8 Oxnard, CA 35%
9 Salt Lake City, UT 33%
10 Seattle, WA 33%
11 New York, NY 29%
12 Bridgeport, CT 26%
13 Boston, MA 22%
14 Nassau County, NY 16%
15 Miami, FL 14%
11947 Iredell St.
Studio City, CA 91604
7 bed / 9 bath
7,849 Sq Ft home
38,213 Sq Ft lot
Asking price: $8,900,000
Contact the listing agent, Daniel Madariaga, for a private tour.
Todrick Hall’s Sherman Oaks mansion has just hit the market!
This home has 5 bed/8 bath, over 8,000 sq. ft. of living space, and is on a 17,230 sq. ft. lot.
Asking price: $8,500,000
Asking lease price: $32,000/mo.
Text me for a tour at 818-445-7953.
