Multiple Offers on Bank Owned and Foreclosures It seems like the people who were on the sidelines are now coming out and buying. A recent foreclosure was listed at $230K a little below market value and received 18 offers within a week. The accepted price, however, was $290K. This goes to show how this strategy of pricing low works well for generating activity and ultimately a higher price for the seller. For the buyers, it seems like those who continue to wait and expect a further worsening of the housing market may be left behind. The fact that multiple offers are coming in on several of the homes now shows that the competition is fierce here in the Los Angeles and San Fernando Valley area. According to Southland Regional Association of Realtors, "There were 6,950 active listings throu... 08/27/2008

New Listings: 87Average Listing Price: $502.286Listings Under Contract: 53Average Listing Price: $478,559Listings Sold: 37Average Selling Price: $ 455,993 %Difence Between Listing Price versus Selling Price: 97.39 %%Sales Price Versus Old Listing Price: 90.51 %Average Days on The Market: 50 http://www.stoppayingrentinla.com  Fist TIme Home Buyers, Homes  For Sale,  Duplexes For Sale   07/10/2008

New Listings: 77Average Listing Price: $557,918Listings Under Contract: 38Average Listing Price: $555,392Listings Sold: 45Average Selling Price: $ 431,454 %Difence Between Listing Price versus Selling Price: 96.43 %%Sales Price Versus Old Listing Price: 88.12 %Average Days on The Market: 68 http://www.losangelescountyrealestate.blogspot.com  Financing, mortgages, real estate news and more.... 07/10/2008

 New Listings: 78Average Listing Price: $604,646Listings Under Contract: 43Average Listing Price: $430,004Listings Sold: 34Average Selling Price: $ 522,625 %Difence Between Listing Price versus Selling Price: 95.57 %%Sales Price Versus Old Listing Price: 87.52 %Average Days on The Market: 79http://www.stoppayingrentinla.com/ 05/05/2008

 New Listings: 83Average Listing Price: $586,613Listings Under Contract: 35Average Listing Price: $512,636Listings Sold: 33Average Selling Price: $ 577,096 %Difence Between Listing Price versus Selling Price: 96.85 %%Sales Price Versus Old Listing Price: 87.80 %Average Days on The Market: 60http://www.stoppayingrentinla.com/ 05/05/2008

  New Listings: 88Average Listing Price: $602,666Listings Under Contract: 26Average Listing Price: $471,190Listings Sold: 18Average Selling Price: $ 553,250 %Difence Between Listing Price versus Selling Price: 94.23 %%Sales Price Versus Old Listing Price: 86.73 %Average Days on The Market: 62   http://www.sfvalleyhotproperties.com   Alberto Pacheco, mls, fha loans, hud homes, foreclosures 05/05/2008

New Listings: 1Average Listing Price: $540,000Listings Under Contract: 1Average Listing Price: $999,000Listings Sold: 0Average Selling Price: $ 0 %Difence Between Listing Price versus Selling Price: 0 %%Sales Price Versus Old Listing Price: 0 %Average Days on The Market: 0http://www.stoppayingrentinla.com 02/27/2008

Listings:                                      41New Average Listings Price              $615,075Under Contract:                            18Average Listing Price:                    $719,551Sold:                                           19         Average Sold Price:                       $583,573% Sales Price / Listing Price:          96.79%% Sales Price / Old Listing Price:    89.84%Average Days on the Market:        73 http://www.sfvalleyhotproperties.com 01/11/2008

Listings:                                              81New Average Listings Price                     $694,011Under Contract:                                   17Average Listing Price:                           $603,835Sold:                                                  13Average Sold Price:                              $572,223% Sales Price / Listing Price:                 98.60%% Sales Price / Old Listing Price:           92.864%Average Days on the Market:                69    http://www.sfvalleyhotproperties.com  01/11/2008

  New Listings:                                    72New Average Listings Price                 $630,973Under Contract:                                9Average Listing Price:                        $541,416Sold:                                               29Average Sold Price:                           $599,748% Sales Price versus Listing Price:       96.38% Sales Price versus Old Listing Price: 92.44%Average Days on the Market:              63   http://www.losangelescountyrealestate.blogspot.com  Real Esta News, Mortgage Loan and more 01/11/2008

12-20-07REO Bargains:Get a new REO information to update housing price in Granada Hills, Los Angeles County, CA.   Nice home with upgrades, tile in kitchen, bathrooms, updated cabinets, french doors, newer windows, and 2 car garage in back alley, lot size 7200 sqft., etc.Assessor's ID No.26**-***-***   Site Address1***8 H****T AVELOS ANGELES CA 91344 Property TypeSingle Family ResidenceSquare Footage1,672   Year Built / Effective Year Built1955 / 1964  Bedrooms / Bathrooms4 / 2 After a few clickings, we have the sale history:Recording Date05/19/2005  Land $395,768   Improvements $166,047  .  Now we double check its comparable sale, here is what we get:Assessor's ID No.Property Type AddressSale DateSale PriceImp. SizeBr / BaYrBlt / Eff26**-***-***Single Family Residence 1***6 K**** STLOS... 12/20/2007

L A Pizza16904 Devonshire StreetGranada Hills, CA 91344818-366-6888                        My son, Robert (in the picture) and I frequent L A Pizza in the shopping center at the southeast corner of the intersection of Devonshire and Balboa in Granada Hills.  They have a good selection of all sorts of pizzas.  They also serve lasagna, salad, sandwiches, etc.  However, Robert and I only go for pizza . . . oh yeah, and beer (only me, Robert sticks with the diet cola).  L A Pizza has several types of beer on tap and they serve wine as well.L A Pizza is one of the few restaurants in the area opened after 9:00 p.m.  They are in the same complex as a movie theater so it is easy to grab a bite before or after a movie.  Some nights the place is nearly empty and other times quite well packed.  Of... 09/23/2007

YTD Activity Report: 1/1/2007 through 8/31/2007 Property Type: Residential  Homes Sold in Granada Hills Listings:                               783New Average Listings Price      $ 685,119Under Contract:                     34Average Listing Price:             $ 645,275Sold:                                    264Average Sold Price:                $ 639,082% Sales Price / Listing Price:   98,22%Sales Price / Old Listing Price: 95,97Average Days on the Market:   64 http://www.stoppayingrentinla.com   Granada Hills Real Estate, Alberto Pacheco, Foreclosures, Mls, Fha 09/17/2007

Homes Sold In Granada Hills For August  2007 Property Type: Residential New Listings: 81  Average Listing Price:$673,437 Under Contract:18   Average Listing Price: $677,658    Sold:         22 Average Sold Price:     $600,373     %Sales Price/Listing Price: 97.57%   % Sales Price / Old Listing Price: 94.23%    Average Days on the Market:       50 09/17/2007

The 7th Annual Granada Hills Street Fair is coming up soon.  It is sponsored by the Granada Hills Chamber of Commerce, and is a grand opportunity for the whole community to come out and enjoy themselves.  There will booths of all sorts featuring crafts, food, unusual clothing, various businesses, public agencies, etc.  There will be live music and other entertainment.Several blocks of Chatsworth Street, the main street through the business district of Granada Hills, will be closed to vehicular traffic and devoted to the Street Fair.  The Street Fair will take place Saturday, October 6, 2007 from 11:00 a.m. to 5:00 p.m.If you are interested in having a booth as a vendor click here for information. 08/19/2007

GRANADA HILLS SOUTH NEIGHBORHOOD COUNCIL TO SPONSOR TRAINING FOR EMERGENCIESIn May of 2001 the City of Los Angeles adopted a plan to establish neighborhood councils throughout the city as a method for the people of the city to have an easier and more direct way to provide input about local issues to the city's elected representatives.  Since then a number of Neighborhood Councils have been established throughout the city to provide a forum for local community members to express their concerns.Granada Hills has two Neighborhood Councils, one for the northern part of Granada Hills and the other for the southern part.  Granada Hills North Neighborhood Council represents roughly the area of Granada Hills north of the 118 Freeway and Granada Hills South Neighborhood Council the area south of... 08/17/2007

                                                                          Property Type: Residential CityNewAvg LPUnder ContractAvg LPSoldAvg SP%SP/LPAvg DOMGH111$714,90527$625,04638$632,87297.71%56 111$714,905                      27$625,046   38$632,87297.71%          56 08/16/2007

                                                             Property Type: Residential City New Avg LP Under Contract Avg LP Sold Avg SP %SP/LP Avg DOM GH 105 $656,250 26 $597,380 40 $658,870 98.16% 50   105 $656,250                    26 $597,380     40 $658,870 98.16%           50    08/16/2007

The Pampas Café is an exciting new Argentine restaurant which has recently opened in Granada Hills at the northwest corner of Chatsworth Street and Balboa Boulevard.  It serves Argentine cuisine at very reasonable prices with good service in a clean cheerful environment.  The site had most recently been occupied by another restaurant, Salads Galore, but has been completely worked over and redecorated with lots of color.The restraint's hours are from 11:00 a.m. until 9:00 p.m. and until 10:00 p.m. on Fridays.  The owner/managers are Alex and Neal.  The waiters and waitresses are friendly and responsive to the customers.  There is easy access from the 118 Freeway.  Take the Balboa exit south about three quarters of a mile to Chatsworth Street.  The restaurant will be on the right side of ... 08/08/2007