All About California Real Estate

By Bandele Oguntomilade, Top REALTOR, Your Woodland Hills Real Estate Agent 818-825-6996
(Bogun Realty and Luxury Homes)
OPEN HOUSES 1-4PM on SUNDAY (1-30) SATURDAY (2-5)  Property:                             5105 Kelvin Ave, Woodland Hills, CA 91364Virtual Tour:                           www.5105Kelvin.comOffered At:                             $1,650,000Call:                                        818-825-6996 Property Description:             Woodland Hills - One-Of-A-Kind Half Acre Private Gated Estate - Breathtaking Views - South of Blvd!CALL 818-825-6996 to VIEW.  VIRTUAL TOUR at www.5105Kelvin.com.SUBMIT ALL OFFERS NOW! One-of-a-Kind Half-Acre Private Gated Resort-Like Estate tucked in the cradle of Woodland Hills’ most coveted enclave South of Ventura Blvd with glorious views of Chalk Hill! First time on market in 33 years - this luxurious 4-bedroom, 3-bathroom 2434s.f. masterpiece sits on 21,362...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  We have several important economic data being reported today, which we'll start with the initial Q4 GDP, which came in pretty hot, at 6.9%.  However, Durable Goods dropped 0.9% in December; but, if you exclude Transportation (which have large numbers and can skew the overall data), then it rose by 0.4%.  The weekly Initial Jobless Claims dropped by 30k from last week's numbers to 260k; however, we did see Continuing Claims rise from last week too.  Pending Home Sales dropped 3.8%, which was larger than forecasts, and that led to a 117.7 seasonally adjusted annualized units for the month  of December.  After the Fed's announcement yesterday, then both Stock and MBS Markets had a big selloff.  MBS dropped 63bps.  It was more of what Chair Powell didn't ...
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By Curtis Van Carter, Your Napa Valley Broker Extraordinaire
(Better Homes & Gardens Wine Country Group)
St Helena Weekly Real Estate UpdateTo see all St Helena real estate currently for saleMedian prices, average days on marketcurrent for sale                 28,  medium price $2,950,000, average days on market  110current sale pendings       6,  medium price $1,410,000, average days on market  149sold in last 6 months       58,  medium price $2,096,000, average days on market  86Facts, numbers, square footage from BAREIS and/or Napa County Realist tax records, accuracy is not guaranteed nor has been verifiedStats for last 7 daysnew listings 3, price reductions 0, sale pendings 3, solds 1New Listings 1540 Madrona Avenue, Saint Helena, CA 94574 (MLS # 322004694)(all data current as of 1/27/2022) Price $1,700,000 Beds 4 Baths 3 Baths Home size 1,931 sqft Lot Size 7,558 sqft   Well-loved Cra...
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By Curtis Van Carter, Your Napa Valley Broker Extraordinaire
(Better Homes & Gardens Wine Country Group)
Yountville Weekly Real Estate Updatefor all Yountville listings current available, go to Yountville Real Estate for saleMedian prices, average days on marketcurrent for sale                  1 mediam price $1,595,000, average days on market 86sale pendings                     1 median price $1,595,000, average days on market 92sold in last 6 months       20 medium price $1,233,500, average days on market  90Facts, numbers, square footage from BAREIS and/or Napa CountyRealist tax records, accuracy is not guaranteed nor has been verifiedStats for last 7 daysnew listings 0, price reductions 0, sale pendings 1, solds 1New Listings nonePrice Reductions noneSale Pendings 6600 Yount Street #20, Yountville, CA 94599 (MLS # 321101237)(all data current as of 1/21/2022) Price $799,500 Beds 2 Baths...
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
YouTube Thursday? That's the Way You Do It!  In keeping with the spirit of YouTube Thursdays, and adhering to my resolution to build a YouTube channel this year, I'm optimistic this post will count as my first contribution. This week, I'm covering the basics of cash out refinances, because as rates begin to rise, cash out refinances still offer value to homeowners (where "rate and term" refinances begin to make a less compelling case).  Also, we put a fun spin on the '80's hit "Money for Nothing," because while cash out refinances may offer a really cost-effective way to do home improvement, finance a large purchase or permit consolidation of higher-interest rate debts, the money isn't free.  Even if you know how to play the guitar... So come rock 'n' roll with me on a short, fun and ed...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
As I did some research for one of my repeat client, I was faced with the question “How can you run a business like this and survive for the long term?”Here’s a bit of background. My buyer is a disabled Afghanistan War Veteran, and many of you know that I have always been partial towards helping Veterans in any way that I can. When we originally worked together it took a great deal of effort to find him a home for a few reasons. Here in the greater Los Angeles area, most sellers would prefer to not sell their homes to a veteran, a primary reason being because VA loans are a bit more stringent than traditional loans and require sellers to fix things before transferring a Grant Deed. Nevertheless, after six months of searching and writing offers, one seller was indeed a true patriot and ch...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values decreased 1.0% to the price of $850,000 in December of 2021 from price of $858,500 in November of 2021, but jumped 14.9% from price of $740,000,000 in December of 2020 in California. While, homes sales declined 8.8% in December of 2021 from November of 2021, and fell 8.5% from in in December of 2010 in Ventura County, California.There were 1.1 months supplies of available inventory of homes in December of 2021, lower from 1.4 months in November of 2021, and dropped from 1.5 months in December of 2020 in Ventura County, California.An average it took 22.0 days to sell a home in December 2021, down from 23.0 days in November of 2021, and from 27.0 days in December of 2020 in Ventura County, Californi...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Reseda Ca Real EstateThirty homes closed escrow during December 2021 Minimum Sold Price $635,000, house with 3 bedrooms, 1 bath , 1.052 sq ft, Lot 6,374 and 76 days on the market Average Sold Price $774,978 house with 3 bedrooms ,2 baths, 1,460 sq ft, lot 6,659, and 25 days on the marketMaximum Sold Price $950,000, house with 4 bedrooms, 3 baths, 2,,663 sq ft, lot 9,545 and 56 days on the marketFive homes sold below the original asking price, one at price and twenty-five above Twenty-eight were standard sales, one probate and one trust sale Mortgage Interest Rates: Conventional Loan 3.375 %, Fha and Va at 2.725% all fixed for 30 years   I invite you to visit my youtube channel and subscribe: www.youtube.com/albertopacheorealtor
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  Even though we're awaiting the Fed's Announcement at 11:15am PST, we still have New Home Sales data for the month of December, which rose by 11.9% to 811k seasonally adjusted annualized units.  Markets are awaiting the Fed's Announcement and positioning themselves ready for anything.  Stocks dropped a bit last week, which saw NASDAQ enter Correction Territory.  The disappointing Q4 Earnings Reports, the escalating tensions with Ukraine/Russia, high inflation are all factors too, but Investors appear to be more focused on policy stance moving forward.  The taper should end around March, which it's being widely expected to see our first rate hike thereafter; then further reduction of the Balance sheet 3-6 months later.  There are some investors hoping l...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values increased 2.8% to the price of $1,182,500 in December of 2021 from price of $1,150,000 in November of 2021, and jumped 24.5% from price of $950,000,000 in December of 2020 in California. While, homes sales declined 1.8% in December of 2021 from November of 2021, and fell 18.7% from in in December of 2010 in Orange County, California.There were 1.0 months supplies of available inventory of homes in December of 2021, lower from 1.3 months in November of 2021, and decreased from 1.5 months in December of 2020 in Orange County, California.An average it took 8.0 days to sell a home in December 2021, unchanged from 8.0 days in November of 2021, but down from 11.0 days in December of 2020 in Orange Count...
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By Jim Patton, Realtor - Stanislaus ,Merced, San Joaquin Counties
( Aspire Home Real Estate 209-404-0816)
Don Pedro Park Neighborhood - Market Update!Here's the latest update on the Don Pedro Park Neighborhood in Ceres Ca.  This neighborhood is in the southwest part of Ceres Ca in the 95307 zip code.  This neighborhood is an established area of Ceres consisting of mostly single family homes.   There is a nice park located in the neighborhood with plenty of room for the kids to run around or for you to get some exercise.  Of course that would be Don Pedro Park. The statistics below are for single family homes in the Don Pedro Park Neighborhood of Ceres Ca. Active Listings Address Beds/Baths Square Feet Price How about you?       Are you next?       Thinking about selling?       Now is the time!       There are currently 0 active listings available in the Don Pedro Park Neighborhood.  Now wou...
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  Today, we have 2 HPI (Home Price Index) reports.  The first is Case Shiller HPI, which gauges the 20 largest US Markets.  It rose 1.2% MoM in November and dipped 0.2% to 18.3% YoY.  However, FHFA HPI rose 1.1% MoM in November and it's YoY rose 0.1% to 17.5%.  FHFA follows conforming loans.  Lastly, Consumer Confidence dipped from 115.2 in December to 113.8 in January.  The 5 year and 7 year Treasury Auction went well (video was just completed shortly after Auction results).  However, while creating the video, we hadn't seen much reaction.  The FOMC started their 1st day for their 2 day meeting, which we'll receive their announcement tomorrow.  All eyes and ears will be waiting for the announcement, as most investors are on edge; and Markets are highly...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values increased 2.1% to the price of $540,000 in December of 2021 from price of $529,000 in November of 2021, and jumped 20.0% from price of $450,000,000 in December of 2020 in California. While, homes sales gained 7.4% in December of 2021 from November of 2021, but fell 8.9% from in in December of 2010 in Inland Empire, California.There were 1.3 months supplies of available inventory of homes in December of 2021, lower from 1.9 months in November of 2021, and decreased from 1.5 months in December of 2020 in Inland Empire, California.An average it took 14.0 days to sell a home in December 2021, unchanged from 14.0 days in November of 2021, but up from 12.0 days in December of 2020 in Inland Empire, Cali...
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By Christopher Barrow, Is this the year your rental makes PASSIVE income?
(Foundation Homes Property Management & Sales)
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Mill Valley for $3,995. Thanks to everyone for a great transaction. For any questions about Mill Valley property management or buying or selling investment properties in Mill Valley, call Broker Christopher Barrow at (415) 637-8934!
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By Mike Bjork
(Evolve Bank & Trust)
http://MikesDailyMarketReport.com:  The Markit PMI released both their Manufacturing and Services data for the month of January.  Anything above 50 is considered expansion.  Manufaturing dropped from 57.7 in December to 55.0 in January; and Services dropped from 57.6 in December to 50.9 in January.  We'll need to keep our eyes on this this (especially Services), as both industries dropped and may be trending in this direction.  Tomorrow will begin the FOMC, which will be the highlight in focus this week.  Also, later this will be the Fed's favorite gauge for inflation (PCE) will be released.  The Markets are preparing for the Fed's Announcement this coming Wednesday.  Stocks are dropping today, as they prepare, but also, taking some of it's queue from disappointing Q4 Corporate Earnings...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Hi, my name is Alberto Pacheco. I’m a realtor with Homesmart Evergreen Realty. And today, I’m going to talk about divorce and real estate. For a little while, I’ve been going to the courthouse to research divorce cases. Some of them have real estate assets, and some of them don’t. And it’s really sad when I see that some couples have children. And I went through that with my parents. They separated, but they never divorced. In my case, they didn’t have the real estate asset, like I see in so many other files. And I’ve been learning about the documents they go through, how long does it takes. Sometimes it’s quite long and they go back and forth to the courthouse.So the divorces, at least in California, one in the couple decided to divorce and file in the county where they belong to for t...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values slightly down 0.0% to the price of $749,900 in December of 2021 from price of $750,000 in November of 2021, but jumped 15.4% from price of $650,000,000 in December of 2020 in California. While, homes sales gained 4.5% in December of 2021 from November of 2021, but fell 10.7% from in in December of 2010 in Southern California.There were 1.2 months supplies of available inventory of homes in December of 2021, lower from 1.7 months in November of 2021, and decreased from 1.4 months in December of 2020 in Southern California.An average it took 11.0 days to sell a home in December 2021, unchanged from 11.0 days in November of 2021, but up from 10.0 days in December of 2020 in Southern California.For co...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Single Story Homes for Sale in Carlsbad Market Update as of January 23, 2022 It’s not unusual that some Carlsbad buyers prefer a 1-story single family house when looking for a new home.  The reasons vary. It may simply be a preference for 1-story living. In some cases there is a medical need. Some buyers are open to buying a 2-story home as long as there is a master bedroom with full bath on the main floor. But that type of floor plan tends to be harder to find; often the 1st floor bedroom is a smaller guest room and the bath may only be a half bath. The overall Carlsbad inventory remains tight (here’s the December 2021 Housing Market Report for Carlsbad) and demand is still strong. At this time all single story listings are resales – there are no new construction 1-story homes listed i...
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By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
On January 18, 2022, California Association of Realtors (C.A.R) reported that homes values unchanged 0.0% to the price of $720,000 in December of 2021 from price of $720,000 in November of 2021, but jumped 15.2% from price of $625,250,000 in December of 2020 in California. While, homes sales gained 5.7% in December of 2021 from November of 2021, but fell 10.6% from in in December of 2010 in Los Angeles Metro Area, California.There were 1.2 months supplies of available inventory of homes in December of 2021, down from 1.7 months in November of 2021, and decreased from 1.5 months in December of 2020 in Los Angeles Metro Area, California.An average it took 12.0 days to sell a home in December 2021, unchanged from 12.0 days in November of 2021, but up from 11.0 days in December of 2020 in L...
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By Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo
(Summit Real Estate Group)
​​Friends, Family & Clients,There appears to be great news for current homeowners and not the best news for first time buyers.  A report be CoreLogic shows that the current mortgage delinquency rate is now at pre-pandemic levels.  Mortgage delinquencies in October of 2021 are 3.8%.  The mortgage delinquency rate before the pandemic in October of 2017 was 3.7%.  Mortgage Delinquency is defined by being late by thirty or more.Want a Free Market Evaluation for you House or Investment Property?There are several reasons to purchase a house even during this extreme Seller's Market.  The best reason is if you have a house to sell and want to purchase a smaller home or larger one.  Relocation dictates a move and owning is a better option than renting in most instances.  Another reason to buy a ...
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California Real Estate Agents and Real Estate Professionals