Market Trends

Thumbnail image for Lenders begin easing requirements to get a mortgage

Lenders begin easing requirements to get a mortgage

by Mario Acosta February 24, 2015 Market Trends

A closely watched index that tracks mortgage credit availability — lender requirements on credit scores, down payments and other key loan terms — has some good news for potential home buyers: Things are finally loosening up.

After years of progressively tighter rules on borrower eligibility in the wake of the housing bust, banks and mortgage companies …

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Are You Aware Many Homes Are Selling Before They Hit The Market?

by Mario Acosta November 14, 2013 Buyers

Pocket Listings Are Real Estate’s Hidden Market!
Some homes are bought and sold without ever being officially listed or put on the market.
This word-of-mouth technique – once used mostly by the rich and famous – has gained popularity among sellers and it takes savvy agents to know how to source these off market listings.  These off …

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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 …

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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 …

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Thumbnail image for For Sherman Oaks Boomers, Buying a Home Reveals Changing Priorities

For Sherman Oaks Boomers, Buying a Home Reveals Changing Priorities

by Mario Acosta September 9, 2013 Local Topics

Boomers’ Housing Choices Show Tilt Toward Comfort

If Sherman Oak’s baby boomers are echoing national demographics, they are either already enjoying retirement or are preparing for it. But for soon-to-be seniors, that word retirement has taken on some new connotations. Today’s seniors may be headed to a retirement with some major differences.

Taken as a whole, boomers …

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Thumbnail image for Real Estate Watchers Buoyed by Market Report

Real Estate Watchers Buoyed by Market Report

by Mario Acosta June 4, 2013 How's The Market

When it comes to the Sherman Oaks’s residential real estate outlook, some truisms say it all: “Strike while the iron is hot!” “The early bird gets the worm!” “Time and tide waits for no man…” Sometimes those hoary old clichés have survived because their wisdom doesn’t ever change — and right now, some hard facts …

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Thumbnail image for PUTTING THE BEST “PIX” FORWARD

PUTTING THE BEST “PIX” FORWARD

by Mario Acosta March 25, 2013 How We Market Your Home For Sale

In prior blogs I have talked at length about “Curb Appeal” and staging your home for sale.  But a recent experience with a buyer started me thinking about some advice I wanted to share.

This couple is pretty typical in today’s market, so you know where they started shopping don’t you?  That’s right.  The Internet.  In …

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Thumbnail image for If You Can’t Sell

If You Can’t Sell

by Mario Acosta January 28, 2013 Local Topics

Does A Sale Make Sense?

I have been running into a situation that I want to share with you this week. I have recently run into a number of couples who would like to move into a different house. The reasons all vary, from kids who are off to college, the desire to live in a …

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Thumbnail image for Highest Priced Real Estate – Sherman Oaks Homes

Highest Priced Real Estate – Sherman Oaks Homes

by Mario Acosta April 25, 2012 Market Trends

Top 5 List – Sherman Oaks Homes

Here is this month’s list of the Top 5 highest priced homes in Sherman Oaks.

There are several unique offerings on this list from Ultra-Modern to Custom Mediterranean.

These homes are currently averaging a total of 42 Days on Market.

 

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Thumbnail image for Rents On the Rise – Sherman Oaks Real Estate

Rents On the Rise – Sherman Oaks Real Estate

by Mario Acosta April 5, 2012 Buyers

Sherman Oaks Rental Trends Are Up

The cost to rent increased by 2.7% in 2011 in Sherman Oaks and throughout California.  Vacancy rates also dropped below 5% for the first time since 2001.  The largest rent increases were in San Francisco and San Jose, CA.  These areas rose 5.9% and 4.9% respectively.

Rent vs. Buy

2012 will be …

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