Weekly Update! I apologize in advance for not having a post next week. I am getting married this weekend and will be on my Honeymoon! As much as I would love to keep my blog current, I think my wife may have a problem with it!
This week there were 125 new residential listings in the San Fernando Valley*. Looking pretty stable to me! Listings range from entry-level condos to lavish estates.
The highest priced listing is a single-family home in Encino listed at $5,975,000 by Kenneth Margolis and Angel Sheppard of Sotheby's International Realty. Property is a comfortable 8,600 square feet over 3 stories which includes 7 bedrooms and 9 bathrooms. Photos show a tennis court, pool, 3 car garage, wine cellar, half-pipe for you skaters and amazing views! Financing for this custom built home is readily available up to 90% of the sale price to the right buyer**.
Not too far away in Woodland Hills is a 1 bedroom, 1 bath co-op which is listed with Rachel Campbell of Pinnacle Estate Properties for $178,000.
In addition to a plethora of listings, this week has seen 70 newly closed sales. To give you an example of whats selling, sale prices ranged from a Tarzana REO Condo which sold at $254,900 up to a beautiful Mediterranean styled single family home in Encino that closed at $2,700,000. Everything from entry level up to lavish luxury, the perfect home is out there for you.
If you are looking to buy or sell a home, please don't hesitate to use me as a resource. Not ONLY can I assist you in financing, I can refer you to a top-notch Realtor in your area to help with listings or showings!
Michael Wolff
*Photos & information taken from the MLS and includes only the following cities: Van Nuys, Encino, Sherman Oaks, Studio City, Woodland Hills & Tarzana. Cities were chosen to show a good range of property types, prices and sizes. Proprty nformation not verified by Michael Wolff.
**Not a guarantee of financing. Super Jumbo, high LTV programs are available based on income, credit and asset qualifications.
*** Down payment could be a grant from an outside non-profit organization with Seller approved assistance. Ask me for help!
