Valley Village Home Sales Statistics for October 2007
Listings:55
New Average Listings Price $712,780
Under Contract: 8
Average Listing Price: $520,499
Sold:14
Average Sold Price:$774,698
% Sales Price / Listing Price: 95.42%
Sales Price / Old Listing Price: 92.69%
Average Days on the Market:57
Tuesday, November 20, 2007
Friday, November 16, 2007
Northridge Home Sales Statistics for September 2007
Property Type: Residential
New: 138
Average Listing Price: $658,080
Under Contract: 17
Average Listing Price: $608,942
Sold: 39
Average Sold Price: $658,974
% Sales Price/Listing Price: 97.68%
% Sales PRice/Old Listing Price: 92.91%
Average Days on the Market: 70
Property Type: Residential
New: 138
Average Listing Price: $658,080
Under Contract: 17
Average Listing Price: $608,942
Sold: 39
Average Sold Price: $658,974
% Sales Price/Listing Price: 97.68%
% Sales PRice/Old Listing Price: 92.91%
Average Days on the Market: 70
Wednesday, November 07, 2007
Subprime Mortgages
If you have a mortgage loan that is going to reset this year, or on either 2008 or 2009, now is the best time to refinance since the interest rate is below 6%. You can either refinance for 30, 20 or 15 years fixed and you'll live with a peace of mind.
At least for this year and probably up to the spring of 2008, the rates are going to be the same. Refinancing from two loans into one when you have equity will be of a financial benefit to you by lowering the mortgage payment.
I hope you take advantage of the low interest rate.
If you have a mortgage loan that is going to reset this year, or on either 2008 or 2009, now is the best time to refinance since the interest rate is below 6%. You can either refinance for 30, 20 or 15 years fixed and you'll live with a peace of mind.
At least for this year and probably up to the spring of 2008, the rates are going to be the same. Refinancing from two loans into one when you have equity will be of a financial benefit to you by lowering the mortgage payment.
I hope you take advantage of the low interest rate.
Tuesday, October 30, 2007
Countrywide
The Calabasas California home based mortgage lender is bailing out a lot of their clients out of the subprime loans that are reseting this year. They are doing loan modifications, refinancing their loans to a fixed rate, in order to prevent future foreclosures.
If you have a mortgage loan with them, and you are late on your payments or unable to make them, do not put aside the letters they sent you, and don't procastinate because help is availabe, the are willing to help you in whatever way possible.
The same happens almost with every mortgage lender, they prefer to help you than ended up with a foreclosures, which cost them more money and having a repossessed property that will take months to sell.
There are also a couple on non profit foundation in Los Angeles area that are able to assist you as well, they are Acorn Housing and Naca, both have a website.
If you need help you can also approach me for guidance, I am here to help you in whatever manner I can. You can e-mail me or call me. I also post some information on my website http://www.sfvalleyhotproperties.com in regards to foreclosures.
The Calabasas California home based mortgage lender is bailing out a lot of their clients out of the subprime loans that are reseting this year. They are doing loan modifications, refinancing their loans to a fixed rate, in order to prevent future foreclosures.
If you have a mortgage loan with them, and you are late on your payments or unable to make them, do not put aside the letters they sent you, and don't procastinate because help is availabe, the are willing to help you in whatever way possible.
The same happens almost with every mortgage lender, they prefer to help you than ended up with a foreclosures, which cost them more money and having a repossessed property that will take months to sell.
There are also a couple on non profit foundation in Los Angeles area that are able to assist you as well, they are Acorn Housing and Naca, both have a website.
If you need help you can also approach me for guidance, I am here to help you in whatever manner I can. You can e-mail me or call me. I also post some information on my website http://www.sfvalleyhotproperties.com in regards to foreclosures.
Monday, October 15, 2007
Wednesday, October 10, 2007
August Home Sales in The San Fernando Valley
According to Southland Regional Association of Realtors, home sales fell an annual 33.1% to 552 transactions. Median Home price increased 5.7% to $645,000.
On the condominium side the sales plunged 40.7% to only 188 transactions and the median prices slipped 2.8% to $389,000.
We now have an inventory of 10.4 month supply, first time it broke to double digit since 1995.
Santa Clarita area condo sales plunged 40.6 % from a year ago, the median priced dipped 2.2 to $362,000 and the home listings supply climbed to 10.2 month.
According to Southland Regional Association of Realtors, home sales fell an annual 33.1% to 552 transactions. Median Home price increased 5.7% to $645,000.
On the condominium side the sales plunged 40.7% to only 188 transactions and the median prices slipped 2.8% to $389,000.
We now have an inventory of 10.4 month supply, first time it broke to double digit since 1995.
Santa Clarita area condo sales plunged 40.6 % from a year ago, the median priced dipped 2.2 to $362,000 and the home listings supply climbed to 10.2 month.
Saturday, October 06, 2007
Burbank Real Estate
Homes and Condos Sold Burbank for August 2007
ZIP CODE 91501
Homes Sold: 7 Median Price:$905,000 Price Change from Aug 2006: 15.4%
Condos Sold: 9 Median Price $415,000 Price Change from Aug 2006: -10.9%
ZIP CODE 91502
Homes Sold: 1 Median Price:$600,000 Price Change from Aug 2006: 29%
ZIP CODE 91504
Homes Sold: 13 Median Price:$829,000 Price Change from Aug 2006: 18.4%
Condos Sold: 9 Median Price $449,000 Price Change from Aug 2006: -2.9%
ZIP CODE 91505
Homes Sold: 28 Median Price:$613,000 Price Change from Aug 2006: -8.6%
Condos Sold: 5 Median Price $539,000 Price Change from Aug 2006: 12.2%
ZIP CODE 91506
Homes Sold: 10 Median Price:$649,000 Price Change from Aug 2006: 6.4%
Homes and Condos Sold Burbank for August 2007
ZIP CODE 91501
Homes Sold: 7 Median Price:$905,000 Price Change from Aug 2006: 15.4%
Condos Sold: 9 Median Price $415,000 Price Change from Aug 2006: -10.9%
ZIP CODE 91502
Homes Sold: 1 Median Price:$600,000 Price Change from Aug 2006: 29%
ZIP CODE 91504
Homes Sold: 13 Median Price:$829,000 Price Change from Aug 2006: 18.4%
Condos Sold: 9 Median Price $449,000 Price Change from Aug 2006: -2.9%
ZIP CODE 91505
Homes Sold: 28 Median Price:$613,000 Price Change from Aug 2006: -8.6%
Condos Sold: 5 Median Price $539,000 Price Change from Aug 2006: 12.2%
ZIP CODE 91506
Homes Sold: 10 Median Price:$649,000 Price Change from Aug 2006: 6.4%
Thursday, September 06, 2007
YTD Activity Report: 1/1/2007 through 8/31/2007
Property Type: Residential Granada Hills
Listings: 783
New Average Listings Price $685,119
Under Contract: 34
Average Listing Price: $645,275
Sold: 264
Average Sold Price: $639,082
% Sales Price / Listing Price: 98,22%
Sales Price / Old Listing Price: 95,97
Average Days on the Market: 64
Property Type: Residential Granada Hills
Listings: 783
New Average Listings Price $685,119
Under Contract: 34
Average Listing Price: $645,275
Sold: 264
Average Sold Price: $639,082
% Sales Price / Listing Price: 98,22%
Sales Price / Old Listing Price: 95,97
Average Days on the Market: 64
Tuesday, September 04, 2007
Homes Sold In Northridge For August 2007
Property Type: Residential
New Listings: 154
Average Listing PriceP: $756,113
Under Contract: 28
Average Listing Price: $604.670
Sold: 48
Average Sold Price: $658,579
%Sales Price/Listing Price: 97.43%
% Sales Price / Old Listing Price: 94.45%
Average Days on the Market: 71
Property Type: Residential
New Listings: 154
Average Listing PriceP: $756,113
Under Contract: 28
Average Listing Price: $604.670
Sold: 48
Average Sold Price: $658,579
%Sales Price/Listing Price: 97.43%
% Sales Price / Old Listing Price: 94.45%
Average Days on the Market: 71
Homes Sold In Granada Hills For August 2007
Property Type: Residential
New Listings: 81
Average Listing PriceP: $673,437
Under Contract: 18
Average Listing Price: $677,658
Sold: 22
Average Sold Price: $600,373
%Sales Price/Listing Price: 97.57%
%Sales Price/Listing Price: 97.57%
% Sales Price / Old Listing Price: 94.23%
Average Days on the Market: 50
Sunday, August 19, 2007
Tuesday, August 14, 2007
Tuesday, July 17, 2007
Foreclosures
7/17/07
According to real estate data provider PropertyShark.com, Foreclosures were on the rise in Los Angeles, in the second quarter,recorded 3,793 first-time trustee sales during the period, an increase of 54.6 percent from the first quarter of 2007, and a 202 percent increase compared to the first quarter of 2006.
The top five ZIP codes in Los Angeles County for trustee sales were in Lancaster and Palmdale.
7/17/07
According to real estate data provider PropertyShark.com, Foreclosures were on the rise in Los Angeles, in the second quarter,recorded 3,793 first-time trustee sales during the period, an increase of 54.6 percent from the first quarter of 2007, and a 202 percent increase compared to the first quarter of 2006.
The top five ZIP codes in Los Angeles County for trustee sales were in Lancaster and Palmdale.
Tuesday, July 10, 2007
Homes Sold on the 1st Quarter of 2007
Van Nuys Zip Code 91401
Average Price $ 510,800
Homes Sold 34
Average Days on the Market 54
% of Asking Price/Sold Listing Price 97.3 %
Van Nuys Zip Code 91402
Average Price $ 454,500
Homes Sold: 34
Average Days on Market: 89
% of Asking Price/Sold Listing Price: 98.9%
Van Nuys Zip Code 91405
Average Price $ 491,200
Homes Sold: 33
Average Days on Market: 69
% of Asking Price/Sold Listing Price: 96.2%
Van Nuys Zip Code 91406
Average Price $ 521,900
Homes Sold: 48
Average Days on The Market: 85
% of Asking Price / Sold Listing Price: 97%
Van Nuys Zip Code 91401
Average Price $ 510,800
Homes Sold 34
Average Days on the Market 54
% of Asking Price/Sold Listing Price 97.3 %
Van Nuys Zip Code 91402
Average Price $ 454,500
Homes Sold: 34
Average Days on Market: 89
% of Asking Price/Sold Listing Price: 98.9%
Van Nuys Zip Code 91405
Average Price $ 491,200
Homes Sold: 33
Average Days on Market: 69
% of Asking Price/Sold Listing Price: 96.2%
Van Nuys Zip Code 91406
Average Price $ 521,900
Homes Sold: 48
Average Days on The Market: 85
% of Asking Price / Sold Listing Price: 97%
Saturday, May 05, 2007
VIDEO
Townhome For Sale Located at 13102 1/2 Dronfield, Sylmar CA 91342n
VIDEO LISTINGAlberto Pacheco
Townhome For Sale Located at 13102 1/2 Dronfield, Sylmar CA 91342n
VIDEO LISTINGAlberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com Real Estate News, Mortgages, Trends
Wednesday, May 02, 2007
Homes Sold in Tarzana Woodland Hills and West Hills on First Quarter of 2007
1st Quarter of 2007
Tarzana
New Listings 250
Sold Listings 49
Avg Listing Price $993,161
Avg Sold Price $755,424
Days on The Market 73
Woodland Hills
New Listings 475
Sold Listings 119
Avg Listing Price $872,209
Avg Sold Price $796,217
Days on The Market 69
West Hills
New Listings 218
Sold Listings 63
Avg Listing Price $724,163
Avg Sold Price $640,853
Days on The Market 70
Tarzana
New Listings 250
Sold Listings 49
Avg Listing Price $993,161
Avg Sold Price $755,424
Days on The Market 73
Woodland Hills
New Listings 475
Sold Listings 119
Avg Listing Price $872,209
Avg Sold Price $796,217
Days on The Market 69
West Hills
New Listings 218
Sold Listings 63
Avg Listing Price $724,163
Avg Sold Price $640,853
Days on The Market 70
Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com Real Estate News, Mortgages, Trends
Friday, April 13, 2007
Homes Sold in Arleta Canoga Park and Encino First Quarter of 2007
San Ferndando Valley Statistics
For the 1st Quarter of 2007
ARLETA
Listings: 134
Average Listing Price $ 533,318
Homes Sold: 18
Average Sold Price $ 493,466
Average Days on The Market: 83
CANOGA PARK
Listings: 200
Average Listing Price $ 472,831
Homes Sold: 27
Average Sold Price $ 427,494
Average days on the Market: 97
ENCINO
Lisitings: 338
Average Listing Price $ 1,082,961
Homes Sold: 59
Average Sold Price $ 915,500
Average Days on the Market : 62
Alberto Pacheco
For the 1st Quarter of 2007
ARLETA
Listings: 134
Average Listing Price $ 533,318
Homes Sold: 18
Average Sold Price $ 493,466
Average Days on The Market: 83
CANOGA PARK
Listings: 200
Average Listing Price $ 472,831
Homes Sold: 27
Average Sold Price $ 427,494
Average days on the Market: 97
ENCINO
Lisitings: 338
Average Listing Price $ 1,082,961
Homes Sold: 59
Average Sold Price $ 915,500
Average Days on the Market : 62
Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com Real Estate News, Mortgages, Trends
Thursday, February 22, 2007
Real Estate
Rates on 30-year mortgages fell this week to the lowest level in six weeks.
The mortgage company Freddie Mac reported on Thursday that 30-year, fixed-rate mortgages averaged 6.22% this week compared with 6.30% last week.
The decline was only the second since early December. It pushed rates to the lowest level since the 30-year mortgage was at 6.21% the week of Jan. 11.
Analysts said the drop reflected in part weakness in the housing industry, shown by a 14.3% plunge in construction of new homes and apartments in January. That decline pushed the seasonally adjusted annual rate of home building down to 1.408 million units last month, the slowest pace in nearly a decade.
"Market participants were concerned over how much drag the slowing housing market may have on economic growth," said Frank Nothaft, Freddie Mac's chief economist.
Freddie Mac's survey showed that other types of mortgage rates also fell this week.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, were at 5.97%, down from 6.03% last week.
Five-year adjustable rate mortgages slipped to 5.96% from 6.01% last week.
One-year ARMs dropped to 5.49% from 5.52% last week.
The mortgage rates do not include add-on fees known as points. Thirty-year, 15-year and five-year mortgages all carried a nationwide average fee of 0.5 point. One-year mortgages carried an average fee of 0.7 point.
A year ago, rates on 30-year mortgages stood at 6.26% while 15-year mortgages were at 5.89%, five-year adjustable rate mortgages averaged 5.96% and one-year ARMs were at 5.32%.
Rates on 30-year mortgages fell this week to the lowest level in six weeks.
The mortgage company Freddie Mac reported on Thursday that 30-year, fixed-rate mortgages averaged 6.22% this week compared with 6.30% last week.
The decline was only the second since early December. It pushed rates to the lowest level since the 30-year mortgage was at 6.21% the week of Jan. 11.
Analysts said the drop reflected in part weakness in the housing industry, shown by a 14.3% plunge in construction of new homes and apartments in January. That decline pushed the seasonally adjusted annual rate of home building down to 1.408 million units last month, the slowest pace in nearly a decade.
"Market participants were concerned over how much drag the slowing housing market may have on economic growth," said Frank Nothaft, Freddie Mac's chief economist.
Freddie Mac's survey showed that other types of mortgage rates also fell this week.
Rates on 15-year, fixed-rate mortgages, a popular choice for refinancing, were at 5.97%, down from 6.03% last week.
Five-year adjustable rate mortgages slipped to 5.96% from 6.01% last week.
One-year ARMs dropped to 5.49% from 5.52% last week.
The mortgage rates do not include add-on fees known as points. Thirty-year, 15-year and five-year mortgages all carried a nationwide average fee of 0.5 point. One-year mortgages carried an average fee of 0.7 point.
A year ago, rates on 30-year mortgages stood at 6.26% while 15-year mortgages were at 5.89%, five-year adjustable rate mortgages averaged 5.96% and one-year ARMs were at 5.32%.
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