Encino, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
3944 Encino Hills PL ENCINO CA 91436 Accepting Backup Offers...Directions : West on Mulholland Dr, turn right onto Calneva Dr. continue straight to Encino Hills Dr turn right onto Encino Hills PlRemarks : One of the rare large parcels of land in Encino Hills. It is over an acre of view land, truly amazing. The potential is there to build a 10,000 sq. ft. home. Land is located next door to #3946 and a 15 foot wide drive way leads to this fantastic parcel of land. Great Opportunity to build your dream view home. Across on the other side of the Cul-De-Sac they are in the process of building a 9000 sq. ft. home. Seller is open to seller financing, reach out to listing agent for details.Agent Remarks : Call or email listing agent for details as well as showing instructions at homes@endrebara...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
JUST LISTED:  3944 Encino Hills Place, Encino, CA 91436 Endre Barath JrMobile:310-486-1002 Office Phone:310-777-7800 Email Address: homes@endrebarath.com Lic#: 01238708 Office Name:     Property Information One of the rare large parcels of land in Encino Hills. It is over an acre of view land, truly amazing. The potential is there to build a 10,000 sq. ft. home. Land is located next door to #3946 and a 15 foot wide drive way leads to this fantastic parcel of land. Great Opportunity to build your dream view home. Across on the other side of the Cul-De-Sac they are in the process of building a 9000 sq. ft. home. Seller is open to seller financing, reach out to listing agent for details.       General Information County Los Angeles Zip Code 91436 MLS# 21783794 Property Type Land Zoning LAR...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
HOME BUYERS STORyI know a young couple who looked at a home twice, with two very different impressions. For a background, they have been looking for a home in this particular neighborhood for some time. They didn't have an urgent need to move, but were getting tired of apartment living. so a quick move was preferable. They'd contacted a Lender and pre-qualified themselves for financing and knew the general amount they wanted to spend. The first time they saw the hone it was decorated very tastefully but in a very formal manner. For some reason, it gave them the impression that a lot of work would have to be done to make it their own. So they decided to wait until something else came along in the neighborhood.  Several months later, another home came on the market in the very same neighb...
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
What Happens When My Appraisal Comes in Low (or High!)? You’re in the process of buying a home, and so far things have been going pretty smoothly.  Your lender has pre-approved you, your Realtor has found you the perfect home, and with a bit of luck, the seller accepted your offer and now you’re in contract.  It’s very likely that early on in your loan process --- usually within the first few days of having your offer accepted --- your lender ordered an appraisal.  From there, a licensed appraiser went out to the property and then turned in a completed appraisal report (which, at its core, is a professional opinion of value).  Of course, you know the dollar amount you’re paying for the home because that figure is on your contract.  But what happens if the appraisal doesn’t support that ...
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By Rob Spinosa, SVP of Mortgage Lending, Marin County
(Guaranteed Rate, Marin County, CA)
Buy Before Selling?  Four Sure! Four Sure! In strong sellers' markets, like the San Fernando Valley, the San Francisco Bay Area and many other areas across the country, making a contingent offer is a virtual impossibility.  That is, when a buyer must sell his current home first in order to close on the new one, and when the purchase offer on the new home is specifically written to alert the seller that the two transactions are interdependent, it is said to be "contingent."  Another, less subtle, way to describe contingent offers might be, "dead on arrival."  This is because the seller knows that if the buyer of the new home cannot sell his existing home (in time or at all), the new deal would likely be off because our buyer would either not have the down payment, the qualifying income, ...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices)
Meet & Connect with Inna Ivchenko  a Green Realtor from Encino, CA.... Thanks to an Active Rain Challenge we were asked to Profile a Member. This was such a no brainer for me, Inna Ivchenko was my choice to profile here.  When she is not blogging on Active Rain, you can find her at the Q & A section. She is virtually on every social media platform. It is hard to fathom that she has any time left for Active Rain. In all fairness, I know the answer: because she is a workaholic.If you do not follow or interact with Inna, you are doing yourself a major disservice. More importantly if you do not have her represent you in the purchase or sale of your home, you are missing out on the services of a great Realtor. I have known Inna, well over ten years, when we were working for the same large na...
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By Ryan Case, Realtor servicing all of Orange County
(Coldwell Banker Real Estate)
Encino Condos For Sale If you are looking to buy or sell a condo in Encino, California; then you have come to the right place. My website, www.encinoforsale.com, features all of the 65 Condo Communities within Encino, CA. Not only can you view photos, stats, a detailed description, HOA information & much more for each complex, but you can also do an extensive Encino Condo Search to find the perfect Encino Condo For Sale! Buying a Encino Condo is a different process than buying a single family residence, thus it is imperative that you hire an agent who knows the ins and outs of each complex. From whether the building is FHA approved, hat the reserves are, and even what the owner occupany rate is, all aspects are crucial in the Encino Condo Buying process.  When you go to sell your Encino...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
1. Price the property competitively. 2. Allow the property to be shown with or without an appointment, just as long as the prospective buyer’s agent is present. Make sure to get the agent’s business card. 3. Whenever possible, please be out of the house when prospective buyers and their agents want to see it. Buyers need to "try it on for size", and they can't do that as long as you are there. 4. Eliminate any barrier to the free flow of traffic in the home. Such items as bulky or extra furniture, house plants that stick into traffic ways, toys or clothes not put away, beds not made, etc., slow down traffic and make rooms look smaller and darker.  5. Your agent is on your side and won't get paid until you get results.  Advice from a professional is useless unless you take it! 6. Look a...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
 Thinking of moving to Encino and wondering where is the closest leash free park for your puppies? Sepulveda Basin Off Leash Dog Park is a convenient park for those who live in Lake Balboa, Encino, or Van Nuys. Where: 17494 Victory Blvd, Encino, CA 91436The park features 3 large dog sections: for small, timid, and large dogs.  The sections are quite large, so your dog(s) has plenty of room to run around. There are plenty of benches and chairs for dog owners to sit on.   Open each day from Sunrise to Sunset.( *Dog Park closes every Friday, 6:00 a.m. to 11:00 a.m. for regular maintenance).The place can get busy on the weekends. Parking: free and plenty (enter from Victory Blvd). Check Yelp Reviews here!  Find a dog park near you here.  ←This is one of my furry babies ( all are rescues). H...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
The 2016 VA loan limits remained static at $417,000, except in 235 high cost counties where they are higher, and since Los Angeles is one of high cost county, 2016 VA Loan limits here are $625,500 ( it is not the maximum amount that an eligible veteran many borrow, but the maximum amount that the Department of Veteran Affairs will guaranty without any money down = 100% financing):(see your county: http://militarybenefits.info/va-loan-limits-by-county/ ) California CA LOS ANGELES $625,500 Since I'm working with VA approved buyers, I thought I'd share this information with my audience. If you are looking to purchase a condo in Sherman Oaks, Tarzana or Encino, here are the lists of local communities that are VA approved: (search your location: https://vip.vba.va.gov/portal/VBAH/VBAHome/con...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
 At the moment: ~ there are 127( from 120 in June) active homes for sale in Encino, with lowest price $575,000 and highest $5,999,000 ( 5255 ENCINO AVE, 16,000 of living space and 4009 VALLEY MEADOW Rd., Royal Oaks Premier Estate, 15,000 sqft of living space); Median Price per Sqft= $521 ( from $496 in June).~ there are 34 active condos for sale in Encino, with lowest price $239,000 and highest $90,000; Median Price per Sqft= $326.Encino (Spanish for evergreen or holm oak)  is located almost in the center of the San Fernando Valley's southern boundary and on the north slope of the Santa Monica Mountains. Encino is bordered by Tarzana on the west, the Sepulveda Dam Recreation Area on the north, Sherman Oaks on the east, and the Encino Reservoir of the Los Angeles Department of Water and ...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
At this moment: ~ there are 120 active homes for sale in Encino, with lowest price $525,000 and highest $6, 999,000 ( located in Amestoy Estates); Median Price per Sqft= $496.~ there are 33 active condos for sale in Encino, with lowest price $199,000 and highest $789,950; Median Price per Sqft= $323.  For more information about Encino Real Estate market or your free consultation if you are ready to sell or to buy in Encino CA, contact me directly at 310.867.0698 or inna@barcodeproperties.com. Want to look for your perfect home yourself? Download my mobile application: http://app.barcodeproperties.com/BCODEINNAOR by text  📲  Bcodeinna to 87778! It is free and simple to search any properties for sale or for lease, open houses, contact me and much more! Try it, you'll love it! 
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
Encino, CA  Single Family Homes More properties come available in March 2016, demand is increasing, days on market is dropping downward ~ these are the current trends for the Encino real estate market. Supply and Demand In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone. According to themls.com in Encino city per 3/9/16: 98 active homes for sale (sfr): Low price: $549,500  ( 17835 Martha St. 2br/1ba 891 sqft)   High price: $6,995,000  ( 5220 Encino Ave. 6br/9ba 8,800 sqft) 26 homes were sold in February( 40 in January 2016) with Avg.SP/Avg.LP =  97.85%   Homes Sold in February: Price The market is hovering around this plateau: Learn more about Encino, CA:  En...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
Blooms are back! Since we are back to warm and sunny 80F days from now on ( at least, next 10 days). More blooms and flowers are coming and that makes Encino houses and streets even more beautiful than ever!( you might want to check also May Blooms!) !! Did you know?Encino is a place of unique origins. In 1769 Gasper de Portola landed in the Monterey region of California. During his expedition he was greeted by several hundred Grabielino Indians near Encino Springs under the mighty oak trees that would Encino its name, which is Spanish for "oak tree." Within a generation, Encino Springs was know throughout California. He returned to Spain after claiming the territory for the King and Queen of Spain.  *If you are looking for a home in S.F.Valley or Los Angeles CA, please be sure to conta...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
Should I list my house now or wait until a ''Spring market rush''? Many factors will impact your decision of when to list your house and what is ''the right time to sell for me'' is one of them. If you look carefully at these interactive charts for Encino, Woodland Hills, Calabasas, Tarzana cities, you will notice that if you list now: there is less competition! The fewer number of similar homes of sale, the faster you sell. The current level of inventory is extremely low, most houses receive multiple offers fast because serious motivated buyers are buying 365 days/year! mortgage rates are still low. Take advantage of that. if you trade up, do not wait. If interest rates and home prices will rise, it is better to trade up now ( wait if you trade down.) And after all: is it ALWAYS summer...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
We all love Holidays and enjoy time with our families and friends, but now, when our favorite Holidays are over, let's look at  Encino real estate in December 2015. As expected, the housing inventory in Encino city slightly decreased in December ( see below interactive live charts for houses and condos that are updated with the latest data). There were 5 months supply of houses for sale, and only 2 months supply of condos. Condos were about 23 days on market (DOM), and houses only 17 days (median). NEW: 31 houses(SFR) and 14 condos were listed in December.36 houses(SFR) and 21 condos were SOLD, that was much less than during a previous month. Median price per square foot in last month of 2015: SFR= $452 (+4.9%)Condo= $302 (+15.7%).Median Sales Price: SFR= $1,002,500;Condo= $390,000. Ove...
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
If you think Southern California does not have seasons, then you haven't been here during the autumn season. You would not be disappointed with our November intense reds, yellows, oranges, and golds. A typical Encino street looks like this:  *If you are looking for a home in our beautiful Encino CA, please be sure to contact me, your local community Realtor. Let my team and me assist you in locating your a right home for you!
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
ENCINO CA HOMES SOLD ON THE FIRST QUARTER 2015  In the First quarter (01/01/2015 to 03/31/2015) 86 homes were sold. The Minimum Listing Price $416,000 and Selling Price was $432,00,000 with 2 bedrooms, 1 baths, 903 square feet house, 5,035 sq ft lot.  Maximum Listing Price $5,900,000 and Selling Price $5,450,000 with 6 bedrooms, 10 baths, 11,121 sq ft home, 54,606 sq ft lot, and 284 days on market..  Average Listing Price $1,390,549 and Selling Price $1,347,626 with 4 bedrooms, 3.5 baths, 1963 sq ft home, 13,5918581 sq ft lot and 64 days on market.  12 sales were in the price range of 600K to 700K and 10 between 900K to 1 Million..  MORTGAGES AND INTEREST RATE    Conventional Loan 30 year fixed it's at 3.7210% there is a 5% down payment for purchases with no Private mortgage Insurance....
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By Inna Ivchenko, Realtor® • GRI • HAFA • PSC Calabasas CA
(Barcode Properties)
Are you ready for 2015 Halloween night? It is almost here:) Come out and check the wonderful home decorations in your neighborhoods! Warning: It is getting spookier by night!  But during the day, it is just fun;) Here are my favorite decorations of my hood, what are yours? Aren't they look adorable trying to take a selfie?!Have a Happy and Safe Halloween!
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
 ENCINO CA HOME SALES STATISTICS FOR THIRD QUARTER OF  2015 In the Thirdst quarter (07/01/2015 to 0/30/2015) 124 homes were sold. The Minimum Listing Price $445,000 and Selling Price was $490,00,000 with 2 bedrooms, 1 baths, 802 square feet house, 5246 sq ft lot. Maximum Listing Price $4,995,000 and Selling Price $4,725,000 with 7 bedrooms, 8 baths, 7,500 sq ft home, 43,905 sq ft lot, and 286 days on market.. Average Listing Price $1,370,438 and Selling Price $1,329,605 with 4 bedrooms, 3.45 baths, 2,898 sq ft home, 13,099 sq ft lot and 54 days on market.  13 sales were in the price range of 600K to 700K and 14 on the 500K to 600K. Only 1 sale was reo aka bank owned home and the rest stadard sales.ENCINO CA HOME SALES STATISTICS FOR SECOND QUARTER OF 2015130 Homes sold on the 2nd quarte...
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