OPEN HOUSE Sunday (6/30/13) 2-5PM at 3031 VALEVISTA TRAIL, Los Angeles, CA 90068 - Hollywood Hills!

Come join me at an OPEN HOUSE Sunday 6/30/13 from 2:00 to 5:00 PM in the Hollywood Hills at 3031 VALEVISTA TRAIL, Los Angeles, CA 90068! 

This beautiful home has 3 bedrooms strategically placed to offer spectacular views of the city and mountaintops and offers the latest energy conservation technologies such as L.E.D. lighting, nest wireless thermostat, tankless water heater, and skylights for natural sunlight! 

Some other amenities include a cook's kitchen with granite counters and custom cabinetry, a spacious living room with floor to ceiling windows, a cozy gas fireplace, and 10-foot ceilings. The home also features an amazingly tranquil landscape with a large koi pond, relaxing waterfall, mature trees, outdoor fireplace, a small treehouse, and meticulously maintained gardens.

This home is priced to sell at an amazing $899,900! 

Please contact me at (310) 717-1321 or JamieTian@RodeoRE.com for more information about this property or other properties in Los Angeles. Hope to see you at the open house!

Click for a VIRTUAL TOUR of the home!

Click the "Search Homes For Sale" tab above to search homes currently for sale in the greater Los Angeles and Orange County areas (updated live from the MLS). Make sure to zoom in your browser 100% or the map may not work correctly.

Average Down Payments Are Decreasing! The Return of 10% Down Payments!

(Credit: LendingTree)

Around the country, the average down payment amount is decreasing and have dropped an average of about 9.2%. 

Many lenders are allowing homebuyers to put 10% down or less! This can actually be advantageous to homebuyers who are trying to save to reach 20% down payment because while they are saving, interest rates and home prices are going up.

Consider this hypothetical situation:

If you put 10% down on a house that costs $200,000 now and secure a 4% interest rate, then you will pay $384,365.11 over the life of the loan.

However, if you wait a few years to save to put 20% down on the same house, which we project to be now worth $225,000, and secure a 7% interest rate, you will end up paying $455,613.79 over the life of the loan. This is an additional $200 per month for 30 years, a total of $70,000 more.

(See Zillow for more information: http://homes.yahoo.com/blogs/spaces/puts-20-down-house-not-nearly-many-might-175056896.html#more-id)

If you are considering purchasing a home and have not saved up 20% for your down payment yet, don't hesitate to talk to some mortgage brokers, lenders, and real estate agents about your options! You may be closer to getting your dream home than you think.

Feel free to contact me directly at (310) 717-1321 or JamieTian@RodeoRE.com with any questions or concerns. I would be happy to recommend to you a few lenders, or send you a list of available properties that fit your search criteria.

Property Value Wizard - Use This Tool To Find Out the Value of Your Property!

Use this tool to find out the value of your Los Angeles home!

http://www.rodeore.com/selling-a-home-in-los-angeles/whats-your-los-angeles-property-wort/

Please feel free to contact me at (310) 717-1321 or JamieTian@RodeoRE.com with any questions regarding the home selling process or for a detailed comparative market analysis of your property to determine your home worth at no charge!

5 NEW IRVINE NEIGHBORHOODS GRAND OPEN THIS SATURDAY 6/29/13!

5 NEW IRVINE NEIGHBORHOODS GRAND OPEN THIS SATURDAY 6/29/13!

The Villages of Irvine

• Agave by William Lyon Homes

• Townhomes

• Approx 1,355 to 1,810 Sq Ft

• 2 to 3 bedrooms

• 2 to 3 bathrooms

• Anticipated from the High $400,000s
  

• Colibri by Ryland Homes

• Single Family Homes

• Approx 1,875 to 2,323 Sq Ft

• 3 to 5 bedrooms

• 2.5 to 4 bathrooms

• Anticipated from the Mid $700,000s
  

• Quinterra by Taylor Morrison

• Single Family Homes

• Approx 2,764 to 3,231 Sq Ft

• 2 to 4 bedrooms

• 3 to 3.5 bathrooms

• Anticipated from the Low $1 Millions
  

• Arcadia by Tri Pointe Homes

• Single Family Homes

• Approx 2,909 to 3,202 Sq Ft

• 4 bedrooms

• 4 bathrooms

• Anticipated from the Low $1 Millions
  

• La Cresta by Brookfield Residential

• Single Family Homes
  
• Approx 3,622 to 4,098 Sq Ft

• 4 to 6 bedrooms

• 4.5 to 5.5 bathrooms

• Anticipated from the Mid $1 Millions
  

Contact me directly at (310) 717-1321 or JamieTian@RodeoRE.com for more information! I would also be happy to send you a list of available properties for sale in the Irvine area. 

Lack of Inventory Makes for the Perfect Seller's Market! Mortgage Rates Still Low for Buyers!

In today’s marketplace, the lack of inventory is making it the ultimate seller’s market, especially with these all-time low mortgage rates. For the last year, we have been experiencing record low inventory levels. 

Compared to 2011, inventory levels are down 51.5 percent. In April 2013, we saw inventory levels down 21 percent from April 2012. According to a recent analysis, total inventory across 38 major cities declined. As expected, the lack of homes on the market has pushed the list price per square foot of available homes upward. 
    
This is really a sellers’ market and many buyers are facing difficulty with finding homes due to the lack of inventory. Prices are higher, and we are seeing all-cash offers as well as multiple bidding wars. While this is not as good news for home buyers, the lack of inventory benefits home sellers. Having fewer homes on the market increases buyer competition, and typically increases the value of homes.

It really is a great time to sell and you can create a bidding frenzy if you price your home right. If you are looking for a home to purchase, it is more important than ever to have a great buyer's agent to represent you throughout the transaction. The good news is that mortgage rates are still low and it is still a good time to buy. Many experts are predicting mortgage rates to increase through the rest of the year. Although buyers may not get the first property they bid on, they should continue searching for the perfect home!

Please feel free to contact me at (310) 717-1321 or JamieTian@RodeoRE.com if you have any real estate related questions or concerns regarding selling or purchasing your home. I would be happy to provide a professional estimate of your home value at no obligation or assist you in finding your dream home!

San Fernando Valley May 2013 Real Estate Housing Market Report (Real Estate News Update)

San Fernando Valley Market Report - May 2013

Information about median sale price, number of properties sold, properties for sale, properties pending, etc for Arleta, Burbank, Calabasas, Chatsworth, Encino, Granada Hills, Hidden Hills, Lake Balboa, Mission Hills, North Hills, North Hollywood, Northridge, Pacoima, Reseda, San Fernando, Shadow Hills, Sherman Oaks, Studio City, Sun Valley, Sylmar, Tarzana, Toluca Lake, Valley Glen, Valley Village, Van Nuys, West Hills, Winnetka, Woodland Hills

I would be happy to assist you in purchasing or selling a property in the greater Los Angeles and San Fernando Valley areas! Please allow me to provide you with an up to date list of available properties that fit your criteria or provide a professional estimate of your home value at no cost! 

Please visit my website at www.JamieTian.com to search homes currently for sale in the greater Los Angeles and Orange County areas (updated live from the MLS). Make sure to zoom in your browser 100% or the map may not work correctly!

Los Angeles Market Report - May 2013

Los Angeles Market Report - May 2013

Information about median sale price, number of properties sold, properties for sale, properties pending, etc for Bel Air/Holmby Hills, Beverly Center - Miracle Mile, Beverly Hills, Beverly Hills Post Office, Beverlywood, Brentwood, Cheviot Hills - Rancho Park, Culver City, Hancock Park - Wilshire, Hollywood, Hollywood Hills East, Los Feliz, Malibu, Malibu Beach, Marina del Rey, Mid Los Angeles, Mid Wilshire, Pacific Palisades, Palms - Mar Vista, Playa Vista, Santa Monica, Silverlake - Echo Park, Sunset Strip - Hollywood Hills West, Venice, West Hollywood, West Los Angeles, Westwood-Century City

I would be happy to assist you in purchasing or selling a property in the greater Los Angeles areas! Please allow me to provide you with an up to date list of available properties that fit your criteria or provide a professional estimate of your home value at no cost! 

Click the "Search Homes For Sale" tab above to search homes currently for sale in the greater Los Angeles and Orange County areas (updated live from the MLS). Make sure to zoom in your browser 100% or the map may not work correctly!

OPEN HOUSE! Sat 6/15/13 2-5pm at 12516 Hesby Street, Valley Village, CA 91607 - 4 bed/3 bath

Come join me for an open house this Saturday, 6/15/13 from 2-5 pm at 12516 Hesby Street, Valley Village, CA 91607!

This gorgeous Valley Village home was remodeled in 2013 and offers luxury and privacy with custom details & exquisite taste throughout. There is almost 2700 square feet of two-story open-floor plan boasting 4 bedrooms and 3 bathrooms, an oversized living/great room and family room with a cozy fireplace & French Doors. The gourmet kitchen offers restaurant quality appliances such as Viking, custom cabinetry, two breakfast bars and a built in 48" refrigerator. The large master retreat boasts separate"his" and "hers" walk-in closets, a spa-like bathroom with a jetted tub and a separate stone shower and imported double sink vanity. Custom accents include: crown molding, Travertine flooring, smooth ceilings and new double-pane windows. Two sets of Double French doors lead to the low maintenance backyard with lots of trees, lush flowers and grassy areas. Centrally located - close to parks, schools, places of worship and only minutes to Downtown L.A., Hollywood and Burbank. This home is available furnished as well!This home is priced to sell at an amazing $899,900!

Please contact me at (310) 717-1321 or JamieTian@RodeoRE.com for more information about this property or any other properties in Los Angeles. I would be happy to email you a list of available properties that fit your search criteria or provide a professional estimate of your home value.

Hope to see you at the open house!

Click here for a virtual tour!

Click on the "Search Homes For Sale" tab above to search homes currently for sale in the greater Los Angeles and Orange County areas (streamed live from the MLS). Make sure to zoom in your browser 100% or the map may not work correctly!

How Much House Can You Afford?