Market News

Thumbnail image for You may want to consider Buying…What $1,900 Rents You in Los Angeles Right Now

You may want to consider Buying…What $1,900 Rents You in Los Angeles Right Now

by Mario Acosta June 18, 2015 How's The Market

You may want to consider Buying…

 

What $1,900 Rents You in Los Angeles Right Now

 

Welcome to Curbed Comparisons, where we explore what you can rent or buy for a certain dollar amount in various LA ‘hoods. Is one man’s studio another man’s townhouse? Let’s find out! Our friends at Zumper have helped us out with five …

Read the full article →
Thumbnail image for Great time to sell…Bidding wars have broken out in hot real estate markets

Great time to sell…Bidding wars have broken out in hot real estate markets

by Mario Acosta May 14, 2015 How's The Market

Bidding wars have broken out in hot real-estate markets like Denver and Los Angeles, where there aren’t enough houses to meet demand. The lack of supply is a key reason home sales nationwide have yet to return to healthy levels following the housing collapse in 2008.

“Inventory is still fairly low in a lot of markets …

Read the full article →
Thumbnail image for Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices

Inaccurate Zillow ‘Zestimates’ a source of conflict over home prices

by Mario Acosta February 12, 2015 Buyers

When “CBS This Morning” co-host Norah O’Donnell asked the chief executive of Zillow recently about the accuracy of the website’s automated property value estimates — known as Zestimates — she touched on one of the most sensitive perception gaps in American real estate.

Zillow is the most popular online real estate information site, with 73 million …

Read the full article →
Thumbnail image for Dodgers’ Yasiel Puig makes $1.8 million splash in Sherman Oaks

Dodgers’ Yasiel Puig makes $1.8 million splash in Sherman Oaks

by Mario Acosta February 3, 2015 Market News

Rising Dodgers star Yasiel Puig is eschewing the bright lights of L.A. for a home in the Valley.

The dynamic outfielder, who previously made his home in a downtown luxury loft, has paid $1.8 million for a gated Mediterranean-style residence in Sherman Oaks.

Set behind tall palms and a privacy wall, the two-story home is entered through …

Read the full article →
Thumbnail image for Growth of Encino Real Estate Prices Could Be More Believable

Growth of Encino Real Estate Prices Could Be More Believable

by Mario Acosta October 1, 2013 How's The Market

Real Estate Prices Growing at a More Sustainable Pace

The future of real estate prices in Encino is always a matter of keen interest to area homeowners. So it’s important when the latest national numbers in the Case-Shiller Index show that the rate of rise in real estate prices has begun to slow.

Encino homeowners should be …

Read the full article →
Thumbnail image for Sherman Oaks Homebuyers May Perk Their Ears at This Concession

Sherman Oaks Homebuyers May Perk Their Ears at This Concession

by Mario Acosta September 19, 2013 How's The Market

Should You Offer to Pay Homebuyers’ Closing Fees?

Here’s the good news: Homes are selling faster today, with the National Association of Realtors® reporting that the sale of existing homes in July rose more than 17% from 2012. That, in sales results terminology, qualifies as a ‘spike!’

Better yet, homes are selling more quickly – TOM (Time …

Read the full article →
Thumbnail image for Sherman Oaks Real Estate Market Balancing Act: Rates vs. Rises

Sherman Oaks Real Estate Market Balancing Act: Rates vs. Rises

by Mario Acosta May 2, 2013 First-Time Home Buyers

When the Wall Street Journal or Forbes run mortgage rate stories as their lead items, those of us who keep an eye on the Sherman Oaks real estate market pay close attention. I frequently share what they say here. But when even the non-financial outlets like USA TODAY and the cable TV news channels give …

Read the full article →
Thumbnail image for Do You Qualify For The HARP Refinance – Sherman Oaks Homes

Do You Qualify For The HARP Refinance – Sherman Oaks Homes

by Mario Acosta November 5, 2011 Local Topics

What is the HARP Program?

If you own Sherman Oaks real estate here are the details of the HARP refinance program.

On October 25th, President Obama visited Nevada, one of the hardest hit foreclosure areas in the United States, and announced changes in the HARP program to help more homeowners who are underwater on their mortgage.  Based …

Read the full article →

Ready to Refinace Your Sherman Oaks Real Estate?

by Mario Acosta October 8, 2011 Local Topics

Mortgage rates have fallen to their lowest levels ever, making this a golden opportunity to refinance your Sherman Oaks real estate portfolio.

But many people can’t.  Homeowners who want to refinance in today’s tougher lending environment face hurdles.

Credit scores must be higher than they used to be. Debt loads must be smaller. Employment must be documented.

The …

Read the full article →
Thumbnail image for Short-Sale A Second Mortgage – Sherman Oaks Real Estate

Short-Sale A Second Mortgage – Sherman Oaks Real Estate

by Mario Acosta August 3, 2011 Local Topics

How Does a 2nd Mortgage Affect My Short Sale?

Yes, you can still do a short sale if you have a 2nd mortgage such as a Home Equity Line of Credit (HELOC) on your Sherman Oaks real estate, however it can be more difficult depending on your specific lender.  It is important to understand that HELOC …

Read the full article →
Page 1 of 212»