Off Market Listings – Sherman Oaks Homes

by Mario Acosta on March 2, 2012

in Buyers, Deal Of The Month, Encino, First-Time Home Buyers, Investors, Sherman Oaks, Studio City, Valley Glen

Not Every Home For Sale Is Listed In The MLS

There has been a noticeable change recently in the real estate market in Sherman Oaks and surrounding neighborhoods.  Buyers have become a lot more active over the last 6 weeks.  The improving economy together with affordable home prices and low interest rates have sparked the market.  The number of multiple offers on well priced properties has definitely increased in the last couple months.  The Oracle of Omaha, Warren Buffet stated in an interview on CNBC that single-family homes were an under valued asset class, and if he could, he would buy as many properties as possible in today’s market (visit my Facebook page to see the video).

In addition, listing inventory (active homes on the market) has been steadily declining.  With the recent low points in median home prices, many sellers have kept their homes off the market and others have refinanced into attractive long-term mortgages.

In the face of these current market conditions, we have been actively networking with all our potential home sellers.  We have come up with a short-list of Off Market Listings, often called Pocket Listings by brokers.  These are our exclusive listings that are currently not published for sale or found in the MLS.  Here is our current list:

  • Sherman Oaks — super charming 2+2 plus den in prime Hidden Woods area of Sherman Oaks.  New pool and spa on good sized lot.
  • Studio City – prime Footbridge Square located south of Moorpark Street, 4+2 plus bonus room, Carpenter School District, over 1800sqft.
  • Valley Glen — sprawling 4+3 ranch home, over 3000 sqft, on large 16,000 sqft double lot.  Excellent curb appeal in estate neighborhood.
  • Encino — move-in ready 4+2, newer kitchen, large family room.  Home has over 1800 sqft of living space.
  • Encino — super clean 3+2 home in Encino Village neighborhood, wood floors and nice lot.

This is our current Hot List.  We have a few others in the Sherman Oaks area that are soon to be released.  If you haven’t found the right home and your looking for something not on the market, please contact us.  Our team specializes in Off Market Listings and we can set up private showings on any of these homes.

 

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Post by Mario Acosta

Mario has written 117 articles.

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