Sherman Oaks and Studio City homes are starting to experience the early signs of El Niño. Weather forecasters are predicting that the 2016 El Niño is going to surpass that of the ’97-’98 storm that terrorized Southern California almost two decades ago. As El Niño starts to bring in heavy rain, 2016 is predicted to mark the biggest El Niño yet.
LA Times Snippet on Touluca Lake
The San Fernando Valley has not experienced the pace of price increases of some other areas. But it's not a surprise that Toluca Lake and Studio City are standouts.
The area has long been attractive to Hollywood executives and wealthy families looking to be near elite private schools. More recently, Studio City has become a hot spot for young urban professionals amid an explosion of bars and restaurants.
2016 Mortgage Interest Rate Forecast
2016 marked the beginning of rising interest rates across all industries. For the last 10 years, the Federal Reserve has been assisting the market in order to promote buying. This year that program ends, and we start the slow and steady rise of interest rates. While most industries are seeing a dramatic increase in interest rates, the Real Estate industry has remained steadfast at low and consistent rates which should carry us through 2016.
I had a Q&A session with John Musso, who is nationally ranked 2nd at Wells Fargo Home Lending, to get to the facts about new interest rates. Here’s why the housing market shouldn’t be freaking out about the interest rate changes.
7 Things Every New Homeowner Needs to Do
So, you just bought a house? Congratulations! Owning a home is a very exciting, and nerve racking, experience. If you’ve already closed escrow or are about to, that means you can see the light at the end of the tunnel. Cheers! Celebration is in order, but before you start planning your house warming party, there are still a few things you NEED to do in order to set your new home up for success.
Sherman Oaks and Studio City Real Estate Prices Stabilizing
Is Home Security at the Top of Your Holiday Wish List?
It’s the holiday season and that means shopping, vacations, trips to see your relatives and friends and of course Holiday guests… which adds up to a whole lot of distractions. And notto rain on your holiday parade, I want to remind you about home security during this holiday season. The holiday’s are a particularly busy season for burglars… They’re counting on you being distracted as a great time for them to look for cash and those valuables hiding in your closet. This Holiday checklist will help prepare your home for a safe and happy holiday season.
6 Apps Every Home Buyer Needs to Download
Buying a home isn’t just one big decision, its a whole bunch of big decisions. Between keeping track of different houses and mortgage rates and features and neighborhoods.. well it can all be overwhelming. That’s why we’ve figured out which apps you need to download to make your home buying process a little simpler.
BEWARE! New TRID Regulations
October 1st brought with it a major overhaul to the mortgage application process. For years, realtors and buyers have been working with an time consuming and complicated mortgage application process that left your head spinning. Now, we have TRID, the new mortgage application.
TRID aims to make mortgages more transparent and coherent for home buyers. However, the new rules are still complicated with little room for forgiveness, so we’ve put together a brief guide on how best to break down the new TRID regulations and what you need to know.
Preparing Your Home for El Niño
It’s time to clean out your gutters and board up your windows. Weather forecasters are predicting the return of El Niño. El Niño is a “super storm” that last wreaked havoc in 1997-98 causing over $500 million in damage. Weather forecasters are now predicting El Niño’s return this winter.
In Los Angeles this means heavy and sporadic rain with extreme winds and a chance of flooding. It also means that it’s time to prepare your home from potential damage. It’s important to recognize that small problems now can turn into expensive repairs later. So, how do you prepare for El Niño this season?
POCKET LISTING Rock ’n’ Roll meets Asia on a Secluded Acre Lot!
This is a gorgeous, unique home that you must buy!
Minutes from the 210 freeway, there is a magical place where the laws of Los Angeles don’t seem to apply. Crossing a trickling stream, nestled in a tree-ringed clearing, you find yourself in at an Asian oasis punctuated by stone lions, a torii gate and bold painted Buddhas. Pushing open the center-hinged Chinese gate, you enter a large paved courtyard with bamboo fountain, multiple seating areas, and a covered patio where one can enjoycool evenings and the quiet chirping of nature.
Open Houses & What to Expect
In the real estate world, weekends mean open houses and new clients for agents. For home buyers, this is a great opportunity to get out of the house and put some hands on time into the home buying process. Spending a Saturday or Sunday meeting Realtors and seeing what the market has to offer will make the final decision that much easier. Not to mention, there are a bunch of other perks to consider when it comes to attending this weekend’s open houses. It’s just a matter of knowing how to find them… remember #KeepingItRealEstate