Sherman Oaks, CA Real Estate News

By Nicole Costas
(Keller Williams Realty)
So with the financial market turmoil still ongoing, and no end in sight - Lehman Brothers self-destructed yesterday, and AIG is scrambling to borrow over $70B in cash today or will likely follow suit - what's happening to the real estate market in Los Angeles? Or another way to put it is: Have We Hit Bottom Yet??? (If you don't want to read all the stats you can skip to the conclusion at the end of the blog!)Leslie Appleton-Young, chief economist for the California Association of Realtors just generated a fresh report hot off the press. Most important/notable findings for those of us thinking of buying, selling and/or investing:1. The number of California sales hit bottom in 2007 at a -44% decline. Now in 2008, the number of California homes sold is on the upswing - an increase of 15% ...
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By Mike Leznik, Los Angeles Bank Owned Homes
(Whole Sale Supplies)
Sherman Oaks CA Bank Owned Homes Auctions reached the 7% mark of current inventory in the month of August 2008 keeping the area on the list of top 10 Prime Areas in Los Angeles county. This situation creates an incredible opportunity for qualified buyers to get a great deal on a home. Call Me for Personalized Search Service If you are interested in getting the latest information on availbale inventory please fill out the form below and we will get you set up on our VIP Buyer Program. One of our team members will compile a list of the latest inventory and information so that you can make an informed and timely decision. You can also Search the Entire Southern California Area MLS with no obligation Search The MLS Check out the latest Housing Data from Sherman Oaks, CA provided by Your Cyb...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
    Lupe Soto, New Construction Specialist (818)968-3718 is available to represent You in the purchase of NEW CONSTRUCTION CONDOS, TOWNHOUSES, HOMES, HOUSES in Arleta, Burbank, Canoga Park, Chatsworth, Encino, Glendale, Granada Hills, Hidden Hills, Lake Balboa, Lake View Terrace, Mission Hills, North Hollywood, North Hills, Northridge, Panorama City, Pacoima, Porter Ranch, San Fernando, Reseda, Sherman Oaks, Studio City, Sylmar, Sun Valley, Sunland, Toluca Lake, Topanga Canyon, Tujunga, Valley Village, Valley Glen, Van Nuys, Universal City, West Hills, Winnetka, Woodland Hills   NEW CONSTRUCTION HOUSES/ CONDOS/ TOWNHOUSES , CLICK HERE BANK OWNED PROPERTIES ALL AREAS OF SFV, CLICK HERE CONTACT LUPE FOR SHOWING OR MORE INFO, CLICK HERE       FREE SEARCH - ANY PROPERTY - ANY PRICEFor REO/L...
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By Michelle Minch, Home Staging Los Angeles and Pasadena, CA
(Moving Mountains Design Home Staging, Pasadena, CA)
Home staging in Sherman Oaks by Moving Mountains Design Home Staging brings in the offers. We recently had the opportunity to stage a beautiful Mediterranean style new construction home in Sherman Oaks, CA. The home had been on the market unstaged for several months, with no offers. Across the street was another new construction home in a similar style, also for sale, at almost the exact same price, with similar square footage, lot size, etc. The home staged by Moving Mountains Design sold - the other home (staged by another company) is still for sale.                     Here is a link to the slide show web site of the home we staged: Sherman Oaks Home Staging by Moving Mountains Design Home Staging . (we did not stage all the bedrooms and bathrooms to keep the price down) Here is a li...
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By Lupe Soto-Realtor, Listing, Selling Burbank, San Fernando Valley LA
(Premier Realty Assoc)
(818)276-6882 ENCINO & TARZANA BANK OWNED HOMES; SHERMAN OAKS & STUDIO CITY REO HOMES, VAN NUYS WEST & LAKE BALBOA REO HOMES, NORTH HOLLYWOOD HOMES IN FORECLOSURE, VAN NUYS EAST & VALLEY GLEN REO HOMES, RESEDA & WINNETKA HOMES IN FORECLOSURE, NORTHRIDGE & CHATSWORTH REO HOMES, NORTH HILLS & MISSION HILLS REO HOMES.If you or someone you know is interested in bank owned homes, foreclosures, or REO propertieshttp://www.SOLDwithLupe.com FOR FASTER SERVICE, CALL LUPE TODAY(818) 276-6882ABUNDANCE OF SERVICES: GLOBAL Agent, Seller Agent, Listing Agent, Buyer Agent, Leasing Agent, Property Manager, REO Agent, Short Sale Negotiator, Income Propert & Multi-Family Income Producing Properties for sale, Agente Bienes y Raices, Bueno, Bonito, Barato, International Property Specialist serving USA, Can...
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By The Real Estate Group Luxury Home Specialists
(Keller Williams Realty)
Just in case there are some potential home buyers reading my blog today, I wanted to let you know about a great event sponsored by the California Association of Realtors and the LA Times.From the C.A.R Newsletter HOME BUYER'S FAIR THIS WEEKEND, COUPONS STILL AVAILABLE The Southern California Home Buyer's Fair takes place this Saturday and Sunday, April 12 and 13 at the Los Angeles Convention Center in downtown Los Angeles.C.A.R., in participation with the Los Angeles Times, will present the Southern California Home Buyer's Fair in an effort to support REALTORS® and educate consumers about current opportunities in today's challenging real estate market. Admittance to the Southern California Home Buyer's Fair is free, however, event coupons are available. Members may obtain coupons from t...
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By The Real Estate Group Luxury Home Specialists
(Keller Williams Realty)
Recent Foreclosure statistics for San Fernando Valley There is a plethora of inventory available for bargain hunting homebuyers and Investors oin the Sanfernando valley and sourounding areas which makes even more improtant to educate yourself on the process and get expert advice from a knowledgable Agent in order to insure a smooth transaction. The Right information can be critical when buying a home or inverstment today. Period Foreclosurs Home Sales Jan - Feb 2008 1084 1335 Jan - Feb 2007 235 2481 Helpfull Information # First-time buyers need to be pre-approved . # bank that owns the home might require that you finance your purchase with them. # Many buyers bid on multiple properties. Sometimes creating fierce competition # Banks won’t accept offers that are contingent on selling you...
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By The Real Estate Group Luxury Home Specialists
(Keller Williams Realty)
I was recently sent a link by a co-worker to the county assesors office that allows homeowners who's property values have decreased in the past year or so to apply to have their taxes adjusted/lowered, the application is a single page in length and easy to fill out, many firms here in Los Angeles have been charging upwards of 45% of the lowered taxes to do this for Homeowners but most can easily do it on their own, Just follow the link below http://assessor.lacounty.gov/extranet/list/forms.aspx?catid=70This is great information for REALTORS to share with their farm or sphere of influence, I'm sure most states have the same process it just takes a few clicks or a phoen call to get to the right resource, the link above is for LA County.  
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By Anita Rich
(The Rich Group at Compass)
A lot of people have been talking about Foreclosures in this soft market and with the national foreclosure rate up more than 78 percent in the last year; you can see why they're talking.But what most people don't know is that the problem is REGIONAL and not affecting the OVERALL market. In fact the stats show that over 98 percent of homes in the real estate market were NOT affected. In fact, the exact amount was a mere 1.033 percent of homes that were dealing with foreclosures."Okay Anita, but how do I, the consumer, make sense out of ALL the foreclosure news I hear?"Well I will break it down right here, right now. First of all, foreclosure rates actually FELL, meaning fewer foreclosures, in 14% of the top hundred areas. Second, the stats are never presented in context. And third, only ...
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By Mark Gonzales
(Rodeo Realty)
9 out of 10 times a listing will be sold with the help of a selling agent showing the property to their prospective buyers.  Therefore one of the items that seller's should pay attention to and ask their agents is how will you market my home to other agents?    While ther are numberous methods to promote and market listings to agents such as Broker's opens houses, mass e-mailing, and mailers.  The single most important way listings are marketed is the Lisiting Detail Report.  The details that go into this report are important as this may be the first impression that buying agents and their clients have when searching for homes.  If the marketing remarks, pictures, and virtual tours do not entice the agent to show the property, then they will not send the listing information to their cli...
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By The Real Estate Group Luxury Home Specialists
(Keller Williams Realty)
I have spent the last 5 years at REALTOR.com working with the top 1% of agents and Brokers nationwide to optimize their Personal and Property marketing strategies. As of February 4th 2008 I consider myself a full-time Real Estate Agent working out of the Keller Williams Sherman Oaks Office. I specialize in property Promotion, client acquisition, and the use of Technology to improve business processes. If you are interested in selling your home or would like more information on Our Digital Marketing Plans, please contact me for a no obligation Market Analysis and Consultation. Prior to REALTOR.com I worked for Yahoo is a senior Ad Agency Account Executive optimizing campaigns for premier clients in the Southeast, with client such as Bank of America, Florida Convention & Visitors Bureau a...
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By Dom Naidoo, Malibu to the Marina Real Estate
(Westside Properties)
Click on a picture for more information and price Gorgeously remodeled 5 bedroom 4 bathroom home boasts elegance and charm! All new GE Profile stainless steel kitchen appliances. Beautiful hardwood floors, city view from upstairs, copper plumbing, central heat & air. Three fireplaces to snuggle up next to on those cold winter nights. This is a must see!! To preview the finest Real Estate in Sherman Oaks, Burbank, Santa Monica, Beverly Hills, Malibu, Brentwood and Pacific Palisades please visit my website. When you are ready to view homes or have any questions regarding selling your home, please contact me.
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By Hayden Gerson
(HPM Financial LLC)
In the last year over 100 mortgage lenders have gone out of business due to the "mortgage meltdown" as most of you might now it is getting much more difficult to qualify for mortgages in Sherman Oaks. The reason it is difficult to qualify for your Sherman Oaks mortgage is because guidelines have changed drastically. Even reverse mortgages in Sherman Oaks are getting harder to qualify for, leaving many looking for a honest mortgage company in Sherman Oaks.Since many mortgage brokers in Sherman Oaks are going out of business, and others are not able to get you qualified, you need to call a reputable company to help you with your home mortgage in Sherman Oaks. We here at America One Mortgage Group are a national company headquartered out of Southern California. We have offices in many stat...
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By Hayden Gerson
(HPM Financial LLC)
Sherman Oaks is an 8.1-square-mile district in the San Fernando Valley region of the City of Los Angeles, California. The neighborhood is roughly bounded by Studio City to the east, Van Nuys to the north, Encino to the west and the Santa Monica Mountains to the south.Sherman Oaks is an affluent neighborhood, with several high-end fashion boutiques, and features many upscale houses and restaurants. One of the city's main claims to fame is the presence of the Sherman Oaks Galleria, a shopping mall identified as a meet-up place for the Valley girls, a 1980s cultural label which became widely known because of the 1983 movie Valley Girl and a song of the same name by Frank Zappa. In addition, a portion of the 1982 movie Fast Times at Ridgemont High was filmed there.Since Sherman Oaks propert...
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By Hayden Gerson
(HPM Financial LLC)
Consumers are often baffled by the home appraisal process. They may feel their home is worth a certain dollar amount, and therefore, the appraised value doesn't make sense to them. It is important to know that appraisal guidelines are dictated by the lenders. In many states, the lenders must disclose the purpose of the appraisal, as each situation carries its own set of rules.In essence, lender guidelines force appraisers to put a fair market value on a home based upon comparable sales in the area where the home is located, as the home must be bracketed according to size and value. For example, there is no set amount associated with a great view, pool, spa, bathroom upgrades, etc. If a homeowner installs a custom pool that cost them $30,000, and the local marketplace supports the value ...
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By Hayden Gerson
(HPM Financial LLC)
How Purchase Loans Are Made A Step-By-Step Walkthrough1.Pre-approval - Getting pre-approved for a mortgage allows borrowers to know exactly how much house they can afford. Viewed as "cash buyers", pre-approved borrowers have greater negotiating power as well.2.Loan Search - Buyers should seek the advice of an experienced mortgage professional, someone who will help determine which financing options best suit their needs today and in the future.3.Loan Application - It's crucial that consumers supply the lender with as much information as possible, as accurately as possible. All outstanding debts as well as assets and income should be included.4.Documentation - Buyers must submit paperwork supporting the application as well. Information commonly sought includes pay stubs, two years' tax r...
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By Hayden Gerson
(HPM Financial LLC)
Get the correct financing custom tailored to your overall goals: We specialize in mortgage planning. We primarily work with primarily work with accountants and financial planners who send us their clients to make sure that the sherman oaks mortgage they have is congruent with their overall financial goals. We specialize in purchase and refinance transactions helping the client to be liquid after retirement as well as to lower the clients payments in order to have more money to invest while maximizing tax deductions. We are not your "typical" lender as we use a consulting approach. We work 90% of our business by referral.  Buying a new home: The agents at America One Mortgage and Realty are proud to be members of the National Association of Realtors®. This means that we abide by the code...
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By Hayden Gerson
(HPM Financial LLC)
After bottoming in the fourth quarter of 2006, existing-home sales are forecast to gradually rise through 2007 and into 2008, while new-home sales should turn around by summer, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS®. "With all the wild projections by academics, Wall Street analysts, and others in the media, it appears that much of the housing sector is experiencing a soft landing," Lereah says. "Despite the doomsayers, household wealth will not evaporate and the economy will not go into a recession. If you're in it for the long haul, housing is a sound investment."Soft Landing for HousingThe unemployment rate is likely to average 4.8 percent in 2007, following a rate of 4.6 percent in 2006. Inflation, as measured by the Consumer Price Index, is expecte...
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By Hayden Gerson
(HPM Financial LLC)
Current Market Rating: 312345Buyer'sSeller'sCurrent Price Trend: 312345FallingRisingThe latest forecast for the California housing market's reversal of fortunes jibes with a previous outlook predicting flat, rather than falling home prices in California for the next few years. In 2007, California home prices will slip only 2 percent, while sales will be off 7 percent, according to the California Association of Realtors'. "The housing market clearly down shifted in 2006 from the record-setting sales and robust price gains of the last few years," said CAR president Vince Malta. "The residential real estate market in 2006 was characterized by a gap between buyer and seller expectations. Sellers sensed that the peak of the market was approaching, yet still hoped to obtain the highest possib...
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