Los Angeles County, CA Real Estate News

By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The Initial Jobless Claims rose to 351k this past week; and the Continued Claims spiked a bit, as more people remained on Unemployment.  The IHS Markit PMI released their Services and Manufacturing data for September.  Anything above 50 is expansion or optimism in the Market for these indices.  The Services dropped from 55.1 in August to 54.4 in September; while, Manufacturing dropped from 61.1 to 60.5.  On the flip side, Leading Economic Indicators jumped up 0.9% in August.  Stocks are Up again today, after the completion of the 2 day FOMC, which Investors received more clarity on the Fed's thoughts for the future.  The Fed stated, pending progress in jobs and economy, that tapering is still on the table for this year; however, it's also appearing th...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
How about doing even better than that and buying it at the best price possible?HERE’S A PEEK AT WHAT’S INSIDE: Learn the buying “process” by simply reading the guide. (It’s written in an order that flows from start to finish so you’ll know what to expect, when to expect it, and what to do.)Develop the right mindset for when you “lose” or when you “win” a home. (You’d be amazed at how many buyers deal with huge psychological ups and downs when buying a home.)Get my professional insight into the current local market conditions.Get Your Home-Buyers-Guide
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
 Use These Tips to Keep Your Garden Alive While You’re Gone
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The Existing Home Sales dropped 2.0% in August, as July's data was revised slightly higher (from 5.99 million annualized units to 6.00 million).  It was reported at 5.88 million in August.  The Fed will be wrapping up it's 2 day meeting (FOMC) today, which they'll provide their announcement at 11:30 am PST.  Expect some choppiness!  Investors will await word on timeframe of the Fed tapering plans (this year or next), review Dot Plot (for interest rate hike forecasts by Fed members) and any policy statement changes.  It seems that most forecasters believe the Fed will hold on taper for the moment, and most likely announce at November's meeting.  Stocks are rebounding after another day of selloff; and ahead of Fed decision.  Investors received some good...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On September 16, 2021, California Association of Realtors (C.A.R) reported that homes values unchanged 0.0% to the price of $731,000 in August of 2021 from price of $731,000 in July of 2021, but rose 18.9% from price of $615,000 in August of 2020 in Los Angeles Metro Area, California. While, homes sales declined 4.4% in August of 2021 from July of 2021, and down 4.7% from August of 2010 in Los Angeles Metro Area, California.There were 2.0 months supplies of available inventory of homes in July of 2021, higher from 1.9 months in July of 2021, but decreased from 2.3 months in August of 2020 in Los Angeles Metro Area, California.An average it took 9.0 days to sell a home in August 2021, up from 8.0 days in July of 2021, but dropped from 15.0 days in August of 2020 in Los Angeles Metro Area...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
8289 Grand View, Los Angeles, CA 90046 Accepting Backup Offers...     Endre Barath JrMobile:310-486-1002 Office Phone:310-777-7800 Email Address: homes@endrebarath.com Lic#: 01238708 Office Name:     Property Information Panoramic Canyon and mountain views in historic Laurel Canyon. Build your read home or build for spec. The seller has a great deal of information and even renderings. Save time and money, since the soils report, the survey and the slope studies are done. Street to Street lot. Here is a fantastic opportunity for the savvy buyer. Email agent for the information.       General Information County Los Angeles Zip Code 90046 MLS# 21750198 Property Type Land Zoning LAR1 Status Active Under Contract     Additional Features      Directions From Sunset Blvd head North on Laurel C...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  Housing Starts rose by 3.9% in August, while Building Permits (future Housing Starts) rose by 6.0%.  If you recall yesterday, that we had a slight uptick in the Home Builder Confidence.  Stocks are Up after yesterday's bloodbath (being blamed on Evergrande).  Investors are buying on the Dip.  Meanwhile, MBS started lower, but quickly recovered and are Up 2bps.  Mortgage Rates remain Unchanged.  Likewise, Yields started a little higher, but has settled down to about 1.32%.Please subscribe to my YouTube Channel at MikesDailyMarketRptAlso, these videos are base on my views and not represented by any other entity, but my own.  I work as a Loan Officer, and if you'd like information on Mortgages, or how I can assist you, then please direct message me.  
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Veinte casas se vendieron en Pacoima ca en Agosto 2021. El mercado de bienes raices esta muy activo en la venta de casas, condominios y townhouses en Pacoima.Las casas con alberca o piscina tienen una demanda fuerte en la primavera y el verano. En el otono e invierno tienen mas demanda las casa que tienen chiminea.Hay programas de asistencia para ayuda del enganche para primeros compradores de casa, Estos programas estan originados por la ciudad de los angeles, el condado de los angeles y de algunos bancos tambien.Si estas pagando una renta alta, es mejor para ti comprar con la ayuda de estos programas, asi tu pago esta fijo por el termino del prestamo, mientras que la renta te aumenta el 3% anual y no tienes ningun control sobre ello.Si deseas mas informacion,  ponte en contacto conmig...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The NAHB Home Builders Index rose 1 point to 76 in September, as Home Builders gain some confidence.  Stocks are taking a beating today, as China's Evergrande HK is making big headlines.  They're a top 3 real estate developer that is facing financial collapse, as approximately $100 million in interest payments will be due over next 2 weeks for maturity on some bonds.  This is being compared to (level wise) to Lehman's collapse during Credit Crisis even though this has been going on for months; and having a major impact on Global Markets.  Meanwhile, Investors will be looking ahead to the FOMC (starting tomorrow with announcement on Wednesday).  They will be awaiting word on tapering timeline, along with forecasts on inflation and Dot Plot (gauge to vi...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
Is It Time For A New Roof? When You Need To Repair or Replace Exterior Elements Of Your HomeIf you want to keep your home in tip-top shape (and avoid expensive problems down the road), you need to stay on top of home maintenance—and that includes your home’s exterior.But what, exactly, on your home’s exterior needs maintenance, repair, or full-on replacement—and, just as importantly, when?A recent article from realtor.com outlined when and how often to repair or replace exterior elements of your home, including: Gutters. Gutters need regular maintenance to function properly and keep water runoff from causing damage. Plan to clean your gutters at least twice per year and, if they’re made from aluminum or galvanized steel (the most common gutter material), replace them after 20 years. Win...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On August 9, 2021, Realtor.com reported that in South Pasadena, California median list price was $1,414,444 in August of 2021 higher from $1,400,000 in July of 2021, and jumped 15.0% from $1,200,000 in August of 2020. While, median sales price for a home and a condo was $1,600,000 in August of 2021, rose 17.0% from August of 2020 in South Pasadena, California.Houses stayed 42.00 days in the market in August of 2021 down from 44.00 days in July of 2021, and declined from 62.00 days in August of 2020 in South Pasadena, California.The median listing price per square foot of a home and a condo was $777.00 in August of 2021 gained from $762.00 in July of 2021, and increased 12.0% from $684.00 in August of 2010 in South Pasadena, California.For complete more detailed information about Realtor...
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By Esperanza Butler® 818 926 5425, Homes For Sale in West Hills, Ca (818) 926-5425
(Century 21 Peak )
There’s no denying that today’s market presents certain challenges for buyers.But what, exactly, is the biggest challenge buyers are facing today as they try to find and buy their homes?The National Association of Home Builders recently conducted a survey of potential home buyers who have actively been searching for a home for at least three months. According to the survey, in Q2 2021, 66 percent of those potential buyers have been unable to successfully purchase a home.The biggest reason behind their inability to successfully buy a home? Out of reach home prices. 39 percent of buyers cited an inability to find an affordable home as the reason they hadn’t successfully purchased a home—a change from Q4 2020 and Q1 2021, when potential buyers cited bidding wars as the biggest obstacle on ...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Panorama City real estate market was active with eleven sales during August 2021. They were first time home buyers, investors and move up buyers writing offers above the original asking price pushing home list prices up.Some nvestors became cash buyers in order to get some of the available homes, then rehab and flipping them within a month making a profit and adding them to the low inventory of homes.#panoramacity, #panoramacityrealestate, #panoramacityca#panoramacityhomesforsale  
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On August 9, 2021, Realtor.com reported that in Rosemead, California median list price was $1,050,000 in August of 2021 gained from $985,000 in July of 2021, and jumped 15.0% from $889,000 in August of 2020. While, median sales price for a home and a condo was $1,000,000 in August of 2021, rose 11.0% from August of 2020 in Rosemead, California.Houses stayed 50.00 days in the market in August of 2021 unchanged from 50.00 days in July of 2021, but lower from 54.00 days in August of 2020 in Rosemead, California.The median listing price per square foot of a home and a condo was $651.00 in August of 2021 declined from $669.00 in July of 2021, but increased 16.0% from $544.00 in August of 2010 in Rosemead, California.For complete more detailed information about Realtor.com’s latest homes and ...
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By Lisa Delzompo 951-704-4559, Experienced, Trusted, & On Your Mission: Home
(Sand to Sea Properties, Inc.)
Palos Verdes News UPDATE Toll Brothers Rolling Hills Country Club | Chadmar Sold Out & Alternatives Palos Verdes News UPDATE Toll Brothers Rolling Hills Country Club | Chadmar Sold Out & Alternatives It's true... the new home developments for Toll Brothers and also Chadmar are sold out! If you're interested in buying there, that means you have two options: 1) wait for a new buyer to want to sell some day, or 2) be ready if one of the buyers backs out of their purchase and one of the homes still being built goes back on the market ("falls out of escrow"). If you want to be on my list to notify of homes coming on the market for the RHCC, please send me an email or text. Meanwhile, you might want to take a look my prior video about RHCC and buying a new home from a builder. Thank you, Lisa...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Just Listed:   2806 N Paradise Drive, Los Angeles, CA 90032 another vacant lot!!! 2806 N Paradise Drive, Los Angeles, CA 90032 $125,000.00 MLS#:21784344 Endre Barath JrMobile:310-486-1002 Office Phone:310-777-7800 Email Address: homes@endrebarath.com Lic#: 01238708 Office Name:     Property Information If you can not live in Paradise, how about living on Paradise Dr.??Stunning Panoramic Views, this is truly a fantastic opportunity to buy a view lot in the El Serano Hills and build your dream home. Alternatively a great for a developer as well. The land is conveniently close to city parks nearby, including Ascot Hills Park, Guardia Park, and El Sereno Arroyo Playground to name a few. Many locals know of the numerous great Restaurants that are conveniently near by as well. Sell may consid...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On August 9, 2021, Realtor.com reported that in Altadena, California median list price was $1,049,500 in August of 2021 down from $1,099,000 in July of 2021, and slightly lower  0.0% from $1,050,000 in August of 2020. While, median sales price for a home and a condo was $1,200,000 in August of 2021, rose 24.0% from August of 2020 in Altadena, California.Houses stayed 48.00 days in the market in August of 2021 down from 49.00 days in July of 2021, but higher from 43.00 days in August of 2020 in Altadena, California.The median listing price per square foot of a home and a condo was $664.00 in August of 2021 gained from $651.00 in July of 2021, and increased 15.0% from $565.00 in August of 2010 in Altadena, California.For complete more detailed information about Realtor.com’s latest homes ...
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Los Angeles County, CA Real Estate Professionals