L.A. real estate news and insights.
Golf Superstar Michelle Wie West’s Modern Encino Farmhouse is for sale.
This home has 6 bed/7 bath, 5,798 sq. ft. of living space, and on a 16,126 sq. ft. lot.
The property features a main house, guest house, 8-person movie theater, oversized pool, firepit, outdoor kitchen, and 3-car garage.
Asking price: $6,495,000
Text me for a tour at 818-445-7953.
Here is the cheapest home for sale this week in Glendale.
This home has 2 bed/2 bath, 1,198 sq. ft. of living space, and is on a 6,352 sq. ft. lot.
The property features 2 bonus rooms, a detached 2-car garage with ADU potential, and drought-resistant plants.
Asking price: $1,000,000
Text me for a tour at 818-445-7953.
Rapper Lil Dicky buys Kenny G’s former Studio City home.
This home has 5 bed/6 bath, 5,660 sq. ft. of living space, and is on 22,287 sq. ft. lot.
The property features a main house and guest house, panoramic city and canyon views, landscaped gardens, a pool, and a spa.
Asking price: $6,500,000
Selling price: $6,300,000
Shemar Moore buys a new construction home in Valley Village!
This home has 5 bed/6 bath, 3,130 sq. ft. of living space, and is on a 7,002 sq. ft. lot.
The property features a main house, ADU/guest house, an expansive backyard with a pool/spa and outdoor kitchenette.
Asking price: $2,495,000
Selling price: $2,495,000
Here is the most unique home for sale this week in Calabasas.
This Monte Nido property has 6 bed/7 bath, 7,019 sq. ft. of living space, and is on 5+ acres.
The property features a main house, poolside cantina, horse corral, mountain views, a greenhouse, and a lake with Koi fish.
Text me for a tour at 818-445-7953.
Steve Wynn relists his Beverly Hills mansion with a HUGE price drop!
This property has a total of 11 bed/16 bath, 27,150 sq. ft. of living space, and is on almost 3 acres.
The estate features a main house, guest house, wine cellar, screening room, gym, and massage room.
The grounds include a resort-like pool, pool house, outdoor kitchen, and championship tennis court with a pavilion.
Current asking price: $75,000,000
Highest asking price: $125,000,000
Text me for a tour at 818-445-7953.
This is the cheapest home for sale this week in Burbank.
This home has 2 bed/2 bath, over 1,000 sq. ft. of living space, and is on a 6,300 sq. ft. lot.
The home features an updated bathroom, recessed lighting, a tankless water heater, a large rear yard, and fruit trees.
Text me for a tour at 818-445-7953.
The National Assn. of Realtors said Friday that existing U.S. home sales totaled 4.09 million last year, an 18.7% decline from 2022. That is the weakest year for home sales since 1995 and the biggest annual decline since 2007, the start of the housing slump of the late 2000s.
In California, home sales fell 24.8% in 2023 from the previous year, the biggest drop since the 2007 housing slump, according to the California Assn. of Realtors. The state’s median home price — the point at which half the homes sold for more and half sold for less — reached $819,740 in December, up 6.4% from a year earlier.
Source: Los Angeles Times
Emma Stone is selling her LA home.
Asking price: $3,995,000
This Spanish-style home has 4 bed/4 bath, 3,276 sq. ft. of living space, and is on a 6,752 sq. ft. lot.
The 2-story home features a new separate guest house, a sizable flat yard, and a kitchen with vaulted ceilings.
Text me for a tour at 818-445-7953.
This home has 3 bed/2 bath, 1,590 sq. ft. of living space, and is on 3 parcels totaling over 32,000 sq. ft.
The private property is hidden behind a long gated driveway with a large outdoor patio, a dark bottom pool, and a 2-car garage.
Selling price: $8,300,000
A December report from real estate broker Realtor.com ranked the best U.S. cities to buy a house in 2024 based on expected price growth and sales.
The annual report analyzed the country’s 100 largest metropolitan areas and the final result is a list with half of the top metros in California.
10 best U.S. metro areas to buy a house in 2024:
1. Toledo, OH
2. Oxnard/Thousand Oaks/ Ventura, CA
3. Rochester, NY
4. San Diego/Chula Vista/Carlsbad, CA
5. Riverside/San Bernardino/Ontario, CA
6. Bakersfield, CA
7. Springfield, MA
8. Worcester, MA-CT
9. Grand Rapid/Kentwood, MI
10. Los Angeles/Long Beach/Anaheim, CA
The No. 2 best place in the U.S. to buy a house is Oxnard/Thousand Oaks/Ventura, California.
The California metropolitan area is expected to see existing home sales climb by 18% year-over-year. The median sale price of existing homes is expected to jump by 3.3%, according to the report.
Guess Co-founder Maurice Marciano lists his Beverly Hills estate.
This home has 5 bed/8 bath, over 9,000 sq. ft. of living space, and is on nearly an acre.
Asking price: $39,500,000
Text me for a tour at 818-445-7953.
Rick and Kathy Hilton’s Bel Air mansion finally sells.
This newer mansion has 8 bed/16 bath and is on a 26,992 sq. ft. lot.
The home features a lower level 2,000 sq. ft. entertainment space with a bronze wet bar, wine room, kitchen, and home theater.
Original Asking price: $55,000,000
Selling price: $25,000,000
LA Laker Rui Hachimura just bought this new Encino home.
This home has 6 bed/7 bath, over 7,000 sq. ft. of living space, and is on a 13,464 sq. ft. lot.
The modern farmhouse features a cinema room, gym, pool, spa, outdoor kitchen, fire pit, and ADU.
Asking price: $7,495,000
Selling price: $7,250,000
2024 predictions:
6.1% Mortgage bankers association
6.3% National Association of Realtors
6.5% Fannie Mae
6.8% Realtor.com
