Sherman Oaks, CA Real Estate News

By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
In August of 2014 Trulia.com reported median homes sales prices dropped 2.1% in Sherman Oaks, California between June 2014 to September 2014 to $700,000, from the previous quarter, but were higher 3.2% from the same time in September of  2013.  An average home listing price on Sherman Oaks, California on Trulia was $1,050,969 higher 2.8% on September 3, 2014, from previous week, and an average square foot for homes was 7.5% higher to $459 in September of 2014 from September of 2013. For more complete detailed information about market trends at Sherman Oaks, California in September of 2014, please CLICK HERE
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By Emily Rose Newmark
(Keller Williams Realty)
Well I'm happy to report (per LA Times) that only 9.3% of Los Angeles homeowners are under water now compared to the rest of the nation at 17%. Sadly though it seems that my own generation of homeowners ages 35-44, Gen-Exers, make up for nearly half of those negative equity homes at 45.8%!!     GENERATION X STILL DROWNING IN THEIR HOMEOWNERSHIP?   Baby Boomers and older buyers had more time to pay down debt and benefit from price run-ups before the housing crash. Younger buyers – Millennials – largely haven’t yet bought houses, but those who have benefited from low prices after the bust and likely made a large down payment.   But Gen-Xers were entering prime home-buying years a decade ago, just as prices soared, then plunged. They have definitely been hit the hardest!! I have several Ge...
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By Emily Rose Newmark
(Keller Williams Realty)
Here's an interesting info-graphic from California Association of Realtors!  
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By Emily Rose Newmark
(Keller Williams Realty)
When the Real Estate market took a turn towards recovery in late 2011, early 2012, everyone was excited to jump back in & make those purchases they had been sitting on the fence on for so long!   Traditional Buyer vs. The Investor - Round 2!   Traditional buyers who required loans to purchase homes found themselves in a steep uphill battle against the all mighty CASH investor who at the time was willing to pay more based on speculation & could close sweet painless escrows with virtually no contingencies in record timing such as 10 days or often even less!   Those market conditions made it very hard for the sweet young family or first time single college grad to compete! Many of them had no choice but to sit back & wait, or buy the finished product of these cash "flippers" at a premium....
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
  5 Reasons Homes Don’t Sell in Sherman Oaks   And how to make sure these common seller mistakes don’t stop you from selling! Provided by Joe Neuah of Rodeo Realty Email: joen@Rodeore.com Phone: 818-481-0751   Are you making a common seller mistake that’s stopping your home from selling? What else can you be doing to ensure that your home is going to sell?   In this report, 5 Reasons Homes Don’t Sell in Sherman Oaks, you’ll discover the biggest mistake home sellers make, a proven marketing secret, how to “sweeten the deal” for buyers, what buyers don’t want to see in your home, the three key places you want looking the best, and finally, how to stage your home and make it look its absolute best.   Now I know that was a mouthful, but believe me, these topics are crucial to selling your h...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
  Real Estate Market Update for Sherman Oaks CA   As of 7/5/14 according to TheMLS.com in Sherman Oaks : 🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠🏡🏠 146 houses(sfr) for sale ⬆: Min: $549,000 Max: $7,500,000 Avg: $960,000 Median: $1,099,000. 53 houses are pending in Escrow ⬇: Min: $449,000 Max: $2,995,000  Avg: $791,000 Median: $825,000. Sold( Last 30 days): 42 houses⬆: Min: $515,000 Max: $2,725,000 ⬆️ Avg: $1,043,000 Median: $895,000. 43 houses are looking for backup.   Summary: there are more listings for sale comparing to previous months, yet the inventory is still very low. No significant changes in prices. It took, on average 50-80 days to sell the house( sfr). 🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢🏢 75 condos for sale⬆️: Min: $199,000  Max: $750,000 Avg: $442,000 Median: $429,000. 21 condos are pending in Escrow:...
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By Emily Rose Newmark
(Keller Williams Realty)
As housing markets slowed a bit year over year across major markets we ponder the causes. One I can definitely speak of in my own business is the new stricter lending guidelines that have been broadcasted to would-be home buyers leaving them fearful that they won't qualify. Even some people with the best of credit scores and decent savings are questioning their ability to purchase their first home, or jump back into the housing market again after walking away from their homes many moons ago. Pent Up Housing Demand Driven By Fear Let's face it. Applying for a mortgage is as uncomfortable and probing as a colonoscopy for some people. That’s even people who know they have great credit!! Another fear factor is the huge amounts of cash in the real estate marketplace right now and the conven...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Speechless Sundays: Is the gate closing or is it opening? Look at these two pictures and tell me if the gate is opening or closing!         If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Playa Vista, Marina Del Rey, Venice or Malibu. Feel Free to give me a call at 310.486.1002 or email me at homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Neil Patrick Harris, the famous comedian listed his home in Sherman Oaks,CA !   Neil Patrick Harris has listed his home in Sherman Oaks CA for sale for $2.995 million, seeking a tidy profit on the real estate venture. He bought it four years ago for $2.1 million. The 4,191-square-foot house is located in the hills of Sherman Oaks with six bedrooms and five bathrooms. It was also featured on Oprah's Next Chapter when Harris led a tour of his twins' nursery and his "magic man cave." Renovated traditional East Coast gated celebrity compound in highly-coveted Sherman Oaks hills. Featured on Oprah?s Next Chapter & in In Style Magazine. Formal entry, home ofc w/built-ins. Grand step-down lvg rm w/fireplace & built-in window seating. Spacious formal dining rm accommodates 10+ seating, w/glass ...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Sherman Oaks, CA Condos and Townhouses for sale: June 18, 2014   Looking for Sherman Oaks Condos and Townhomes for sale? Then follow the link to view the complete list of Sherman Oaks Condos and Townhomes for Sale.    Sherman Oaks Real Estate Market Reports: Follow the link to check out Sherman Oaks Condo and Townhome Price Trends!    New Listings of Condos and Townhouses, Last 7 Days   View Photos 15159 DICKENS Street #2 Sherman Oaks, CA 91403 $630,000 3 bds 3 ba 1707 sq ft Status: Active Listing #: 14768667 Light and bright three stories townhouse with 3 bedrooms and 2.5 bathrooms located South of Ventura. Gourmet kitchen with granite counter tops and sta... Listing courtesy of David Cohen Gadash CalBRE:00888570Keller Williams Rlty Westside        View Photos 15239 MAGNOLIA Boulevard ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
 The San Fernando Valley: Awkward Moments during a Real Estate Showing!   Many people who do not know what Realtors do all day have a misconception and if I might say a false perception of what we do all day. In some respects it reminds me of what people think of Covert Agents for the government. It is humorous in a weird way. ( Photo to follow ) http://freedigitalphotos.net/   The parallels are uncanny: people think being a Realtor is a glamorous job, looking at homes all day, just as they think that being Spies is a glamorous job. The reality is far from this perception. On a side note  the Covert Operator does not want to be recognized and wants to blend in and there are humorous moments when they almost get noticed; the Realtor on the other hand most Realtors want to be seen and not...
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By Emily Rose Newmark
(Keller Williams Realty)
For ages we have always considered our children when we purchase a home. We used to look at the bed/bathroom count appropriate for the size of the family, and proximity to local schools.  But gone are the days that Mom and Dad simply chose a house, packed up the family and the dog and said "It's moving day!"   Today we are raising a generation of children whose individuality, leadership, and decision making skills are encouraged more than ever. Therefore, parents are turning to the little ones for their input on homes which they are considering for a purchase.  Parents are putting much more weight and value on their children's opinion while making the big decision. I notice this trend increasing much more in recent years than I did when I began selling homes 14 years ago.     Kids, The...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Sherman Oaks Homes For Sale   Neighborhood Details| New Listings| Recent Sales| Schools| About Sherman Oaks Stretching 8 miles across the Valley, Sherman Oaks is located in the district of San Fernando Valley. The neighborhood is roughly bounded by Studio City to the east, Van Nuys to the north, Encino to the west, Bel Air and Beverly Hills Post Office to the south. Sherman Oaks is located along the Los Angeles River, Ventura Freeway, San Diego Freeway, Beverly Glen Boulevard, and Sepulveda Boulevard. Sherman Oaks is an affluent neighborhood, with high-end boutiques, restaurants and shopping. One of the city’s most famous shopping locations is the famed, Sherman Oaks Galleria. Sherman Oaks real estate consists of apartments and condominiums neighborhoods and single family homes.   Homes...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
How Well Do You Know Your Sherman Oaks Real Estate Market? Real estate competition in Sherman Oaks  or any town/neighborhood across the U.S. isin high gear.  Potential home sellers having been watching HGTV non-stop and believe they know just how to interview and pick the 'right' selling agent for their home.  So of course the minimum of 3-6 real estate agents are interviewed for the ultimate sale of the home in question.  Enter in the relative (and in Sherman Oaks EVERYONE has a family member who is in real estate) who is sure to put the ultimate pressure on this seller for the listing.  It is a real estate template I know well.  I have found that many other agents have no idea of the market or neighborhoods they are vying to list in.  Know little about flood zones or neighborhood attr...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Adrian Paul lists his home on Sherman Oaks highland  Adrian Paul of “Highlander” fame has listed his home in the hills of Sherman Oaks  at $1.4 million. More homes for sale in Sherman Oaks.  Spectacular Turn Key Modern Tri-Level 3 bedroom/2.5bath Home in the Hills of  Gorgeous Sherman Oaks. Explosive Views. Bold Features Include High Ceilings,  Large Rooms for Entertaining, Cooks Gourmet Kitchen w/Stainless Appliances & Prep Sink. Huge Master Suite with a Dreamy Walk-In Closet. Beautifully Done Master Bath offers Space & Dual Sinks, Separate Tub & Large Shower. The Crowning Glory is the Attached 1 Bed/1 Bath Guest Unit, w/ Living Room & Complete Kitchen. Nice Yard, w/Room fora Pool.Spectacular Turn Key Modern Tri-Level 3 bedroom/2.5 bath Home in the Hills of Gorgeous Sherman Oaks. Explo...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
CONDOS FOR SALE Sherman Oaks from $200K to $650K   Condos and Townhouses for sale in Sherman Oaks from $200,000 and UP Joe Oscar Neuah, Residential Broker Specialist  is available to help you.  Remember I have NO intention of selling you a property, only helping you locate the one you wish to purchase.  I look forward to working with YOU! (hablo español) http://minuevacasa.org Also see all the Houses for sale now in Sherman Oaks. Please note that most of properties in San Fernando Valley you can buy with  as low as 3.5% down with FHA loan, special conditions and restrictions apply, call Joe Oscar Neuah  for more information. Also we have a complete list of properties in foreclosure and short sale in Sherman Oaks. For investment Properties  would need at least 20% down with conventional ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Grounded a Coffee Establishment with Wi-Fi in Sherman Oaks, CA The landscape of Coffee shops has changed in the Greater Los Angeles area. I can remember when there were hardly any good coffee establishments anywhere in Los Angeles. Then there was the assent of the big green chain from Washington State. All of a sudden it was ‘cool’ and ‘hip’ to have a latte or a cappuccino in the Greater Los Angeles area. Now this then morphed into which neighborhoods could have the best coffee shops and competition just grew. All of a sudden business was being conducted in every coffee establishment that had Wi-Fi. On a side note I remember in the 1980’s conducting business with Martini’s with side carsJ. The good news is we do not drive to endanger ourselves nor our communities now days.  Then again s...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
The Lobsta Truck: an impromptu meet up in Sherman Oaks, CA Diane and I were spending time with her dog and all of a sudden Diane was in the mood for a cup of coffee. Needless to say as most of you know I am always on the lookout for new coffee shops. I pulled in front of a Coffee Establishment (a blog for later) and Diane said did you see the Lobsta Truck? Well how could I miss it? I was focused on coffee establishments.    Five car lengths behind me there was the Lobsta Truck   http://la.lobstatruck.com/  well needless to say we had to stop all activity and head over there. Reluctantly we both decided we wanted just a quick cup of Clam Chowder before our coffee.  We have often had their Lobster Roll, clearly brings us back to our East Coast Days. The Lobster Roll is overflowing with Lo...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
Singer-songwriter Gerry Beckley is selling his home in Sherman Oaks Gerry Beckley, a founding member of the folk rock band America, has put a Sherman Oaks home on the market at $2.199 million.The 4,052-square-foot modern-style house is surrounded by tropical landscaping and palm trees. See more pictures of this home.There’s a backyard swimming pool and a detached musician’s studio. See more homes like this one in Sherman Oaks.   The interiors include a formal entry, an updated kitchen, five bedrooms and four bathrooms. The master suite features vaulted ceilings, two walk-in closets and a fireplace. Singer-songwriter Beckley, 61, and America had such hit songs in the 1970s as "A Horse With No Name," "Ventura Highway" and "Sister Golden Hair." More recently, the touring band released the ...
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By Joe Neuah, Doing Real Estate with Passion!!
(Rodeo Realty)
      Market Snapshot May 2014     Provided courtesy of Liveinsanfernandovalley.com  Rodeo Realty Inc. Sherman Oaks CA  Hire a positive and proactive Team of Realtors to help you find your next home! Call or text 818-481-0751 for information on Buyer's Representation Services (NO COST TO HOME BUYERS)  Search entire Los Angeles County MLS for FREEat www.liveinsanfernandovalley.com/search Get a FREE report on YOUR HOME's Value at www.liveinsanfernandovalley.com/sell Like us on Facebook
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