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Showing posts from March, 2025

CLOSED ESCROW: 20950 Oxnard St # 63, Woodland Hills 91367

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CLOSED ESCROW20950 Oxnard St # 63, Woodland Hills 91367 | 3 Bedrooms, 2.5 Baths, 2068 Square Feet $880,000 ** Welcome to your home at Warner Hill, where luxury and comfort meet in this stunning end-unit townhome. With 2,068 square feet of beautifully designed living space, this 3-bedroom, 2.5-bathroom home offers the perfect balance of style and convenience. The bright and airy layout is complemented by beautiful flooring throughout, an abundance of recessed lighting, custom window treatments, high quality dual pane windows and a skylight that floods the home with natural light ** The gourmet kitchen boasts high-end appliances, perfect for entertaining and everyday cooking ** The primary suite is a true retreat with a grand double door entry, featuring vaulted ceilings, a gorgeous bathroom with soaking tub and a spacious walk-in closet complete with custom built-ins ** The additional loft will give you another wonderful flex-space to read, relax, work or enjoy so...

4 Things You Might Expect from the Spring Housing Market

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Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your move. 1. There Are More Homes for Sale After a long stretch of tight inventory, the number of homes for sale is finally improving. According to recent national data from Realtor.com , active listings are up 27.5% compared to this time last year. Look at the graph below and follow the green line for 2025. You can see, even though inventory levels still haven’t returned to pre-pandemic norms ( shown in gra y), that number is higher than it has been going into the spring market over the past few years ( see graph below ): Buyers: This means you have more choices, and you can be more selective. Sellers: With more homes available than in recent years, you’re more likely to find what you’re looking for when you move. And knowing that inventory is still below more no...

Is Your Homeowner Insurance Up-To-Date? Shawn Shai Halahmy

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Homeowner’s insurance is a must-have to protect what’s probably your biggest investment – your home . And while you never want to think about worst-case scenarios, the right coverage is basically your safety net if something goes wrong. Here’s how it helps you. - Covers Repairs and Rebuilding Costs: If your home is damaged by fire, storms, or other covered events, your policy helps pay for repairs or even a full rebuild. - Protects Your Belongings: Many policies can also cover personal items like furniture, electronics, and clothing if they’re stolen or damaged. - Provides Liability Coverage: If someone gets injured on your property, homeowner’s insurance can help cover medical bills or legal expenses. In the simplest sense, it gives you peace of mind. Knowing you have protection against unexpected events helps you worry less. And with such a big purchase, having that reassurance is a big deal. And while your first insurance payment will be wrapped into your closing costs, you...

Mortgage Rates Hit Lowest Point So Far This Year. Shawn Shai Halahmy

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If you’ve been holding off on buying a home because of high mortgage rates, you might want to take another look at the market. That’s because mortgage rates have been trending down lately – and that gives you a chance to jump back in. Mortgage rates have been declining for seven straight weeks now, according to data from Freddie Mac . And the average weekly rate is now at the lowest level so far this year ( see graph below ): While that may not sound like a significant shift, it is noteworthy. Because the meaningful drop from over 7% to the mid-6’s can change your mindset when it comes to buying a home. Especially when the forecasts said we wouldn’t hit this number until roughly Q3 of this year ( see graph below ): Why Are Rates Coming Down? According to Joel Kan, VP and Deputy Chief Economist at the Mortgage Bankers Association (MBA), recent economic uncertainty is playing a role in pushing rates lower: "Mortgage rates declined last week on souring consumer sentiment regarding...

Selling Your Home? Is A Pre-Inspection A Good Idea And Worth It?

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Selling a house comes with a lot of moving pieces, and the last thing you want is a deal falling apart over unexpected repairs uncovered during the buyer’s inspection. That’s why it pays to anticipate potential issues before buyers ever step through the door. And one way to do that is with a pre-listing inspection. What Is a Pre-Listing Inspection?  A pre-listing inspection is essentially a professional home inspection you schedule before putting your house on the market. Just like the inspections your buyer will do after making an offer, this process identifies any issues with the condition of your house that could have an impact on the sale – like structural problems, faulty or outdated HVAC systems, or other essential repairs . While it’s a great option if you’re someone who really doesn’t like surprises, Bankrate explains this may not make sense for all sellers: “ While it can be beneficial for a seller to do, a pre-listing inspection isn’t always necessary. For example, if your ho...