California median home price posts first year-to-year increase in 16 months; low inventory demonstrates limited need for bulk REO sales, C.A.R. says LOS ANGELES (April 16) – California home sales declined in March from February’s pace, while the median home price snapped a 16-month annual price decline and posted its first year-over-year gain, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). “While home sales were down statewide, the housing market continued to perform at a solid pace by historical standards. In fact, sales jumped significantly in most regions of the state, with many areas experiencing double-digit gains,” said C.A.R. President LeFrancis Arnold. “Tight inventory and robust home sales, particularly in the San Francisco Bay Area, fueled the substantial increase in the Ma... 12/16/2014

The Demographics of the Jobs Recovery: Employment Gains by Race, Ethnicity, Gender and Nativity   Two years after the U.S. labor market hit bottom in 2009, the economic recovery has yielded slow but steady gains in overall employment. However, the pace of the jobs recovery varies across demographic groups. Hispanics and Asians are gaining jobs at a faster rate than blacks and whites, foreign-born workers are outpacing native-born workers, and men are faring better than women in the recovery, according to new Pew Research Center analysis of government data.   For the most part, the disparate trends in the jobs recovery from 2009 to 2011 reflect the rapidly changing demographics of the American workforce. Groups whose working-age populations are growing the most have seen the biggest empl... 12/16/2014

There are 127 active Homes for sale in Granada Hills as of November 05,2011 From those 48% show a downward trend in price.From those 127 Homes: 9% of then are Bank owned homes, 53% are Standard Sales, 37% are Short Sales and 1% other types of sales. Average days on the market:85 There were 37 closed sales in the month of October, with an average list price of $394,485, Average sales price: $385,142 and Average days on the market:75.Average Listing Volume For October $14,595,949Average Sales Volume For October $14,250,260         12/16/2014

Mortgage applications, a future gauge of home buying, had a sharp jump as more consumers rushed to take advantage of low interest rates, the Mortgage Bankers Association reports.   For the week ending Dec. 2, mortgage applications increased 12.8 percent. Applications for home purchase jumped 8.3 percent from a week earlier while applications for refinancing soared 15.3 percent.   Of the home purchase applications, 85.5% were for fixed-rate 30-year loans for fha and conventional loans. Fha loan was at 3.875% fixed for 30 years with zero points, that is a great interest rate to have and hold for a while. Now the time to refinance if you have a loan at 4.875% or higher, you will save money on the interest paid on the loan and on your monthly mortgage payment as well.   "Coming out of the T... 12/15/2014

Unemployment Rates for States as of May 2011 Rank State Rate 1 NORTH DAKOTA 3.2 2 NEBRASKA 4.1 3 NEW HAMPSHIRE 4.8 3 SOUTH DAKOTA 4.8 5 OKLAHOMA 5.3 6 VERMONT 5.4 7 HAWAII 6.0 7 IOWA 6.0 7 VIRGINIA 6.0 7 WYOMING 6.0 11 KANSAS 6.6 11 MINNESOTA 6.6 13 MARYLAND 6.8 14 NEW MEXICO 6.9 15 MONTANA 7.3 15 UTAH 7.3 17 ALASKA 7.4 17 PENNSYLVANIA 7.4 17 WISCONSIN 7.4 20 MASSACHUSETTS 7.6 21 MAINE 7.7 22 ARKANSAS 7.8 23 NEW YORK 7.9 24 DELAWARE 8.0 24 TEXAS 8.0 26 INDIANA 8.2 26 LOUISIANA 8.2 28 OHIO 8.6 28 WEST VIRGINIA 8.6 30 COLORADO 8.7 31 ILLINOIS 8.9 31 MISSOURI 8.9 33 ARIZONA 9.1 33 CONNECTICUT 9.1 33 WASHINGTON 9.1 36 OREGON 9.3 37 IDAHO 9.4 37 NEW JERSEY 9.4 39 ALABAMA 9.6 40 NORTH CAROLINA 9.7 40 TENNESSEE 9.7 42 DISTRICT OF COLUMBIA 9.8 42 GEORGIA 9.8 42 KENTUCKY 9.8 45 SOUTH CAROLINA 10... 12/15/2014

12/15/2014

New-home sales for single-family homes rose 1.3 percent in October, marking the best pace for new-home sales activity since this May, the U.S. Commerce Department reports.   Following the sector's worst year for new-home activity on record last year, several recent reports are suggesting a pick-up in new construction.   "Builders have been seeing some marginal improvement in sales activity over the past few months, particularly in select markets where consumer confidence is higher due to improved economic conditions," Bob Nielsen, chairman of the National Association of Home Builders, said in a statement. "While this trend is encouraging, overall sales activity is still well below normal due to the effects of overly tight credit conditions for builders and buyers, the continued flow of ... 12/15/2014

Granada Hills Homes Sold According Their Price Ranges   Sales, Number of            Sold Price2011  2012 $0 - 200 2   $200 - 300 72 75 $300 - 400 189 189 $400 - 500 113 122 $500 - 600 53 67 $600 - 700 16 17 $700 - 800 6 12 $800 - 900 3 6 $900 - 1,000 2   $1,000 - 1,250 3 4 $1,250 - 1,500     $1,500+ 1 12/15/2014

Granada Hills Homes Sold   Original Sales Price vs Sold Price    Original Price vs Sold Price Jan $398,500        $365,000 Feb $389,000 $384,000 Mar $385,450 $400,000 Apr $429,900 $360,000 May $419,900 $350,250 Jun $409,000 $405,000 Jul $400,000 $400,000 Aug $399,950 $367,500 Sep $419,000 $402,000 Oct $399,000 $410,000 Nov $449,900 $399,950 Dec $380,000 $425,000 12/15/2014

Homes sold in Granada Hills California in the 2nd Quarter of 2014: 134, from those the majority where in the price range between 400K to 500K : 46, followed by 38 in the range of the 500K to 500K. The 3rd place was a match between 300 to 400K and 600 to 700K: 16 homes   Status: Closed Sale (134)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 300,000   300,000 2 1.00 1927 900 5,362 Max 1,459,000 256 1,450,000 6 6.00 2004 5,200 143,087 Avg 558,833 50 551,804 4 2.54 1961 1,992 11,468 Sum 74,883,650   73,941,685                 Status: Closed Sale (134)   List Price: $300,000 - $400,000 (16)     List Price ADOM Selling Price BR BA Year Built SqFt Lot SqFt Min 300,000   300,000.00 2 1.00 1947 900 6,882 Max 399,950 82 425,000.00 5 3.00 2004 2,468 10,499 Avg 364,148 18 37... 08/22/2014

JANUARY 2011: 499   JANUARY 2010: 494          In 2011 units sold went up 1% compared to 2010FEBRUARY 2011: 385  FEBRUARY 2010: 458       In 2011 units sold went down 13% compared to 2010MARCH 2011: 544      MARCH 2010: 594            In 2011 units sold went down 8% compared to 2010APRIL 2011: 548       APRIL 2010: 644              In 2011 units sold went down 15% compaed to 2010MAY 2011: 501          MAY 2010: 679                In 2011 Sales went down 26% compared to 2010JUNE 2011: 514         JUNE 2010: 649               In 2011 sales went down 21% compared to 2010 In this list are compiles all types of sales: Foreclosures, short sales, standard sales, probates, flip homes, bank owned homesCheck All Available Home For Sale at: http://www.stoppayingrentinla.com/HomesAuthenticated.aspx... 03/12/2014

03/12/2014

     Single Family Residence  Time Period Number of Sales Median Sale Price   Jun 2011 4,694 $329,000   Jun 2010 5,383 $341,000   May 2011 4,178 $324,000   May 2010 5,152 $350,000   2011 YTD 28,500 $325,000   2010 52,165 $340,000   Condominium  Time Period Number of Sales Median Sale Price   Jun 2011 1,514 $290,000   Jun 2010 1,831 $323,000   May 2011 1,313 $300,000   May 2010 1,731 $339,000   2011 YTD 9,287 $294,000   2010 17,521 $320,000  12/14/2013

In today's economy everyone is trying to save money by clipping coupons, rushing to the mall in the middle of the night on Black Friday, and by selling their home by themselves without using a real estate agent. Sadly, there are many home sellers who truly underestimate the commitment required to sell a home on their own. Every aspect of selling a home takes a lot of time from marketing to figuring out the correct sale price with the best terms. Given time, eventually the home owner may sell his property, but at a heavy cost of lost time due to incorrect pricing and ineffective marketing all of which may cause them to regret trying to sell their home on their own. Don't be penny wise and dollar foolish. More times than not homeowners who decide to market and sell their home without usin... 12/14/2013

If you are relocating within a short period of time or you are a empty nester and want to sell and move to another state and purchase a less expensive home or downsiize, consider the following options.  Lease Option - Lease To Own This is a good option for a home buyer who needs to work on his credit, doesn't have enough down payment, but wants to live in a home since he is considering purchasing one in the next two to three years.  They will lease your home with the option to buy, making a higher payment and add an extra amount of money to the lease in order to save it for the  down payment when the time comes to execute the option.  Reduced Price When you price your home agresively at leat ten to 15 percent below market value you will get multiple offers. There are  always buyers look... 12/14/2013

Make the most of today...To realize the value of ONE MONTH, ask a mother who has given birth to a premature baby.To realize the value of ONE WEEK, ask the editor of a weekly newspaper.To realize the value of ONE HOUR, ask the lovers who are waiting to meet.To realize the value of ONE MINUTE, ask a person who just missed a train.To realize the value of ONE SECOND, ask someone who just avoided an accident.To realize the value of ONE MILLISECOND, ask the person who won a silver medal at the Olympics.Treasure every moment that you have! And remember time waits for no one.Yesterday is history. Tomorrow is a mystery. Today is a gift. That's why its called the present. 12/14/2013

Selling CostsThe amount you gain on the sale of your home is taxable, if over a certain amount. Though some of the gain is excluded from taxes, you want to reduce the gain amount to as little as possible to avoid a hefty tax bill. Many selling costs allow you deduct from the gain of the sale of your home. These selling fees include closing costs, real estate agent commission, advertising, title insurance and inspection costs.  Moving CostsWhen you must sell your home due to work, you may meet criteria allowing deduction of moving costs. If the job is more than 50 miles from your current house and is a full-time position, you can deduct certain moving costs. These costs include transportation costs, moving company fees, lodging expenses and storage of items. If your employer has a reloca... 12/14/2013

Every choice you make has an end result Zig Ziglar         12/14/2013

Depending on the real estate market in your area, selling a house can prove challenging. Many factors go into the ability to sell a home, especially when other houses in your neighborhood are sitting for months without selling. However, effective methods exist to help you quickly sell your house. Knowing what buyers look for, how to price your house and how to make your house distinct from others can help you during the selling process. Create Curb AppealCreating curb appeal is an effective method to sell a house because it catches buyers' attention immediately and makes a good first impression. Common ways to create curb appeal include planting flowers in the front lawn, replacing damaged or fading trim, and polishing metal doorknobs and handles to make them shine. Investing money in h... 12/14/2013

I AM THE BASIS OF ALL WEALTH THE HERITAGE OF THE WISE, THE THRIFTY AND THE PRUDENT.   I AM THE POOR MAN'S JOY AND COMFORT, THE RICH MAN'S PRIZE, RIGHT HAND OF CAPITAL, THE SILENT PARTNER OF MANY THOUSANDS OF SUCCESFUL MEN.   I AM THE SOLACE OF THE WIDOW, THE COMFORT OF THE OLD AGE, THE CORNERSTONE OF SECURITY AGAINST MISFORTUNE AND WANT.   I AM HANDED DOWN TO CHILDREN THROUGH GENERATIONS, AS A THING OF GREATEST WEALTH.   YES, I AM REAL ESTATE  BUY ME AND KEEP ME. LATER I WILL KEEP YOU FINANCIALLY!   ARE YOU READY AND WILLING TO INVEST IN REAL ESTATE? I AM HERE TO HELP.       12/14/2013