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Real Estate News from Popular California Counties

By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Comments 0
What’s the Value of My Rancho Santa Fe Home? Rancho Santa Fe Real Estate Market Report April 2021 It’s important that buyers and sellers in the Rancho Santa Fe real estate market have up to date information about current local market conditions in order to make educated decisions about Rancho Santa Fe homes for sale, whether buying, selling, or investing.  The Rancho Santa Fe housing market is the most expensive community, on average, in San Diego County, with large estates, gated communities, and luxury and equestrian properties on expansive lots often measured in acres. Rancho Santa Fe currently has 18 properties listed at over $10,000,000, including 1 at $98,500,000! LEARN MORE ABOUT RANCHO SANTA FE:  Rancho Santa Fe - Luxury Home Buyer's Paradise in San Diego Here is a summary of th...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 7
  710 Museum Drive Los Angeles      Sometimes you get a second chance the buyer did not perform!  ENDRE BARATH JR 310-777-7800 homes@endrebarath.com endrebarath.bhhscalifornia.com Lic#:01238708     This fantastic parcel of land is just a short distance from the metro Gold Line. Build your dream home surrounded by nature and just minutes away to all the hotspots on and near Figueroa. Walking distance to Moon Canyon Park. Opportunity knocks for you to build this ultra chic home in this hidden oasis in the heart of Los Angeles. This part of the Mount Washington neighborhood is considered one of the last hidden treasures of Los Angeles. Here is your opportunity to build a 2407 sq. ft. home. The seller has done all the heavy lifting. Neighboring lot is also available for sale, buy one or buy...
By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Comments 9
What’s the Value of My Del Mar Home? Del Mar Home Sales for April 2021 Del Mar, a small coastal town in North San Diego County, is one of our more expensive communities. Del Mar holds the record so far for the most expensive property sold publicly in the MLS in San Diego County (at about $48,000,000 in 2007).  This beautiful oceanfront estate was listed for sale again at $48M and sold in April 2020 for $43,000,000! Up to date information on the local Del Mar housing market conditions helps buyers and sellers make educated decisions about Del Mar homes for sale. These statistics were obtained from the MLS (the data are believed accurate at the time this report was written, but are not guaranteed, and do not include private/non-MLS sales).  READ MORE: Del Mar – Affluent Seaside Town (A Co...
By Curtis Van Carter, Your Napa Valley Broker Extraordinaire
(Better Homes & Gardens Wine Country Group)
Comments 3
Yountville Weekly Real Estate Updatefor all Yountville listings current available, go to Yountville Real Estate for saleMedian prices, average days on marketcurrent for sale                 10, medium price $894,000, average days on market 113current sale pendings      1, medium price $1,689,000, average days on market  64sold in last 6 months       12 medium price $2,049,000, average days on market 107Facts, numbers, square footage from BAREIS and/or Napa CountyRealist tax records, accuracy is not guaranteed nor has been verifiedStats for last 7 daysnew listings 2, price reductions 0, sale pendings 0, solds 2New Listings 135 Vineyard Circle, Yountville, CA 94599 (MLS # 321034145)(all data current as of 5/14/2021) Price $709,000 Beds 2 Baths 2 Baths Home size 1,154 sqft Lot Size 1,486 s...
By Mike Bjork
(Evolve Bank & Trust)
Comments 2
http://MikesDailyMarketReport.com:  Retail Sales had a very Big Miss today, as it was reported that April was Unchanged for MoM; and when you exclude (big ticket items) Autos, then it dropped 0.8%.  Capacity Utilization rose to 74.9% in April; and Industrial Production also rose by 0.7%.  However, Consumer Sentiment had a very Big Miss too, as it dropped from 88.3 in April to 82.8 in May.  It was expected to rise near 90.  Lastly, the Business Inventories rose 0.3% in March.  Stocks are Up today, even though there were some big misses with Retail and Consumer Sentiment numbers.  They're a bit optimistic with the news by CDC when they stated that those whom have been fully vaccinated should be ok without a mask; hoping this will further boost the economy.  MBS is Up 6bps so far this morn...
By Mike Bjork
(Evolve Bank & Trust)
Comments 1
http://MikesDailyMarketReport.com:  The Initial Jobless Claims continued to dwindle a bit lower, as this week's report dropped from last week's revised (higher) 507k to this week's 473k.  We have more inflation data today, from the Wholesale sector this time.  The Producer Price Index (PPI) rose 0.6% in April, while it's YoY rose 2.0% to 6.2%.  The Core PPI (excluding food and energy) rose 0.7% in April, while it's YoY rose 1.0% to 4.1%.  Stocks are back into Positive Territory after yesterday's big selloff.  Meanwhile, MBS is rebounding a bit too today, as it's currently Up 11bps and working it's way back above it's 50 DMA.  Mortgage Rates did have a slight improvement after yesterday's close, which had a few price changes to the worse; and closed Down 44bps.  Also, Yields are back bel...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 6
On May, 2021, Realtor.com reported that in Montrose, California median list price was $769,000 in April of 2021 declined from $783,000 in March of 2021, and fell 17.0% from $899,900 in April of 2020. While, median sales price for a home and a condo was $857,000 in April of 2021, jumped 22.0% from April of 2020 in Montrose, California.Houses stayed 49.00 days in the market in April of 2021 up from 47.00 days in March of 2021, and higher from 41.00 days in April of 2020 in Montrose, California.The median listing price per square foot of a home and a condo was $515.00 in April of 2021 down from $552.00 in March of 2021, and decreased 14.0% from $589.00 in April of 2010 in Montrose, California according to Realtor.For complete more detailed information about Realtor.com’s latest homes and a...
By John DL Arendsen, Crest Backyard Homes "ADU" dealer & Contractor
(CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments)
Comments 9
FORBES Magazine &  CREST “BACKYARD” Homes  On ADA Accessible ADU’S We recently had the opportunity to speak with Forbes Magazine about ADA compliant Accessory Dwelling Units. At 75 years old and getting younger by the day this is naturally a very interesting and important topic that won't be going away anytime soon. There have been 10,000 Baby Boomers turning 65 for the past 10 years and another 10,000 a day for the next 10. Stepping on the heels of the Baby Boom Generation is the coming Mellineal Boom with another 80 or so million. This is a staggering 150 million people that will be reaching their golden years for decades to come.  Trends and social norms have changed since the '60's and the World War II "Greatest Generation" whose ultimate ambition was to cash out of their paid off m...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Comments 13
Seven years ago, when we moved into our home, Diane decided she wanted the wall separating us from the neighbors to be a 'Wall of Jasmine'. I was not going to argue with her. since as far as I was concerned the scent of jasmine is incredibly sensual, rich and sweet. More poetically, jasmine could be described as intoxicating, exotic and intense. Now keep in mind I have a bad nose, but even I can smell Jasmine. Interestingly I loved the idea since our bedroom has windows facing this wall of Jasmine. Ironically our trash barrels are on the same side. So with that said the 'Wall of Jasmine' was a brilliant idea that Diane come up with.In seven year we have not smelled anything but the fragrance of the 'Jasmine Wall'.So with that said if you buy a home keep such simple ideas in your favor, ...
By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Comments 9
What's the Value of My La Jolla Home? La Jolla Home Sales for April 2021 The La Jolla housing market is one of the more expensive in San Diego County. Whether you take a virtual tour of La Jolla (see link below), or visit in real life, it’s easy to see why this is the case. As a La Jolla buyer or seller, having up-to-date local market information about La Jolla homes for sale is critical so you can make educated decisions about buying or selling your La Jolla home. La Jolla is a beautiful coastal community with numerous homes offering amazing views of the ocean from the hills or shoreline, accompanied by a trendy, up-scale village offering the best in shopping and dining. La Jolla has been compared to the French and Italian Rivieras with impressive ocean and coastline vistas, spectacula...
By Mike Bjork
(Evolve Bank & Trust)
Comments 0
http://MikesDailyMarketReport.com:  The CPI report made a HUGE mark on the Markets today with it's April report, which shows it's MoM skyrocketing Up 0.8%, while it's YoY lunged upward from 2.6% to 4.2%.  Whe you exclude food and energy, then you have the Core CPI (this report holds more weight due to it being more of the base), which rose 0.9% MoM and it's YoY jumped up from 1.6% to 3.0%.  A healthy economy moves at approximately 2.0% inflation.  The Fed says it's transitory, but many investors are on edge that it may stick.  Time will tell!  Right now, it's a very real concern!  As a result, Stocks are plunging!  A few more Fed Members will be speaking today.  MBS had plummeted too, which it's Down 33bps now; so, Mortgage Rates have spiked a bit higher today, as a result.  Yields shot...
By Curtis Van Carter, Your Napa Valley Broker Extraordinaire
(Better Homes & Gardens Wine Country Group)
Comments 4
St Helena Weekly Real Estate UpdateTo see all St Helena real estate currently for saleMedian prices, average days on marketcurrent for sale                 40,  medium price $3,372,500, average days on market 86current sale pendings      12,  medium price $2,392,500, average days on market   117sold in last 6 months       52,  medium price $1,542,500, average days on market  129Facts, numbers, square footage from BAREIS and/or Napa County Realist tax records, accuracy is not guaranteed nor has been verifiedStats for last 7 daysnew listings 2, price reductions 0, sale pendings 4, solds 2New Listings 1322 Elmhurst Avenue, Saint Helena, CA 94574 (MLS # 321034451)(all data current as of 5/12/2021) Price $1,599,999 Beds 3 Baths 3 Baths Home size 1,791 sqft Lot Size 6,299 sqft   In this beaut...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 4
On May, 2021, Realtor.com reported that in Glendale, California median list price was $959,000 in April of 2021 declined from $999,999 in March of 2021, but rose 8.0% from $879,000 in April of 2020. While, median sales price for a home and a condo was $910,000 in April of 2021, gained 8.0% from April of 2020 in Glendale, California.Houses stayed 51.00 days in the market in April of 2021 unchanged from 51.00 days in March of 2021, but higher from 48.00 days in April of 2020 in Glendale, California.The median listing price per square foot of a home and a condo was $560.00 in April of 2021 up from $559.00 in March of 2021, and increased 5.0% from $530.00 in April of 2010 in Glendale, California according to Realtor.For complete more detailed information about Realtor.com’s latest homes and...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 6
On May, 2021, Realtor.com reported that in La Canada Flintridge, California median list price was $2,095,000 in April of 2021 fell from $2,407,500 in March of 2021, and lower 8.0% from $2,269,000 in April of 2020. While, median sales price for a home and a condo was $1,900,000 in April of 2021, up 2.0% from April of 2020 in La Canada Flintridge, California.Houses stayed 41.00 days in the market in April of 2021 declined from 54.00 days in March of 2021, and down from 43.00 days in April of 2020 in La Canada Flintridge, California.The median listing price per square foot of a home and a condo was $723.00 in April of 2021 gained from $701.00 in March of 2021, and higher 2.0% from $711.00 in April of 2010 in La Canada Flintridge, California according to Realtor.For complete more detailed i...
By Raymond Henson, eXp Realty, Realtor
(eXp Realty of California, Inc. (lic. #01878277))
Comments 16
     April was much like March in the Elk Grove market so I am tempted to just say, "ditto," but I will do my best to add something new and intriguing.  Home prices are up 20% year over year.  Homes are going pending very quickly and there is not much supply.  The only difference from March is that prices are up in Elk Grove just over $10,000.  What does it take for buyers to get into contract?  Offers above listing price, cash or conventional loan offers, great terms and possibly a free month or two rent back period for the seller.      Is it possible to get an offer with an FHA or VA loan accepted?  It is a challenge, but my eXp Realty colleague, Marquita Ward-White, recently had two offers with VA loans accepted.  Her secret, all of the items above and great communications with the l...
By Christopher Barrow, Foundation Rentals and Relocation, Inc.
(Foundation Rentals and Relocation, Inc. )
Comments 0
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in San Francisco for $1,650. Thanks to everyone for a great transaction. For any questions about San Francisco property management or buying or selling investment properties in San Francisco, call Broker Christopher Barrow at (415) 637-8934!
By Chris Goulart, California Hard Money Loans & Solutions
(All California Lending)
Comments 0
 For many investing in real estate, the qualification requirements of traditional banks can be cumbersome.  Income documentation for self employed real estate investors can be a challenge.  Credit requirements can be difficult to overcome.  The speed of the transaction can be a hindrance.  The current condition of the property can be an issue.Getting a loan from a bank can be a trying experience; even qualified borrowers struggle to secure loans for financing their investment property.  When traditional loans will not get the job done and you need to close quickly and with certainty, hard money loans can be the most practical solution. What are the Benefits of Using Hard Money Loans?Usually, the interest rates are higher on hard money loans when compared to more traditional loans.  Whil...
By Mike Bjork
(Evolve Bank & Trust)
Comments 1
http://MikesDailyMarketReport.com:  There are no data to report from the Economic Calendar.  We do have a 3 year Treasury Auction, but it doesn't have much impact on the Markets.  Tomorrow could have some catalysts to push the Markets one way or another.  We have the 10 year Treasury, which can have some impact with Mortgage Rates; but the BIGGIE is the CPI report.  Stocks are Down this morning on renewed concerns over inflation, which the CPI will report it's inflationary data for April.  It's expected to rise from 1.6% YoY to 2.3% tomorrow.  If we can stay below 2%, then the Markets may calm a bit.  If it hits above 2%, then they may snowball with their selling.  There are several Fed Members speaking today, so it's possible they may share their thoughts on this topic today too.  Mean...
By John Pusa, Your All Time Realtor With Exceptional Service
(Berkshire Hathaway Home Services Crest)
Comments 4
On May, 3, 2021, Realtor.com reported that median list price of a home was $1,114,000 in April of 2021, rose 2% from April of 2020 in Los Angeles-Long Beach-Anaheim.The active listing inventory of homes dropped 22.1% in April of 2021 from April of 2020; and the new listing inventory jumped 66.2% in April of 2021 from April of 2020 in Los Angeles-Long Beach-Anaheim.Houses stayed 49 days in the market in April of 2021 lower ten days from 59 days in April of 2020 in Los Angeles-Long Beach-Anaheim, California according to Realtor.For complete more detailed information about Realtor.com’s Los Angeles-Long Beach-Anaheim, California housing market trends for April of 2021, please click HERE
By Christopher Barrow, Foundation Rentals and Relocation, Inc.
(Foundation Rentals and Relocation, Inc. )
Comments 0
The Leasing Team at Foundation Rentals and Relocation just LEASED another property in Kentfield for $10,000. Thanks to everyone for a great transaction. For any questions about Kentfield property management or buying or selling investment properties in Kentfield, call Broker Christopher Barrow at (415) 637-8934!

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