Van Nuys, CA Real Estate News

East San Fernando Valley, CA                             January,  2009 North Hollywood, Sun Valley, Valley Village, Valley Glen, and Van Nuys. Market Index A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market. The market index three points to 0.34, third monthly increase in a row.      New Listings - 192 new listings hit the market, compared to 130 new listings last month, versus 177 last January.    Pending Listings - 156 opened escrow, versus 108 last month, compared to only 65 last year.    Pending Ratio - 0.81, up from 0.74 last month, up from last year's 0.37.    Listing Inventory - 815 properties were on the market, compared to 896 last month, compared to 838 last year.   Sold Listings - 120 homes sold,  ...
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Van Nuys plumbers face a serious challenge during the recession - how to help their clients prevent costly plumbing repairs during tough economic times. Here at Schuelke Plumbing, located in Sherman Oaks, adjacent to Van Nuys, we are doing our part to help. Instead of trying to increase the number of plumbing and sewer repairs they typically do, we are spending time educating consumers on how to prevent costly repairs. Here are some ways you can do the same thing for your home or commercial property. Toilets cause plumbing problems on a regular basis, and a leaky toilet can waste enough water in a year to fill up a swimming pool. To conserve water, save money, and do your part, be sure to have some replacement parts on hand. The most common cause of a leaky toilet is a faulty flapper or...
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By James Engel, KW Beverly Hills
(Keller Williams Realty Beverly Hills)
We are sponsoring the Van Nuys region of Los Angeles! Come and check out our photos and community details. Van Nuys is a part of the San Fernando Valley in Los Angeles.  The region offers a great deal of diversity and variety. Here you will find a large amount of shopping, banks, pharmacies, supermarkets, schools, restaurants, liquor stores and video rental locations. The areas' namesake goes to Isaac Van Nuys who built the first wood frame house in San Fernando Valley in 1872. Van Nuys now has a very eclectic mix of residents. Landmarks include the Van Nuys Airport which is "the third busiest general aviation airport in the world" according to Wikipedia. Also, you may want to visit the Japanese Garden, a 6.5 acre authentic garden opened in 1984. The Sepulveda Dam is located in Van Nuys...
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With the market stabilizing after years of ridiculous appreciation, buyer's are finally getting the upper-hand again. And with California home prices still far above the rest of the country's average, first-time home-buyers and investors are falling in love with Van Nuys, CA. Located right off the 405 freeway, just north of the 101, Van Nuys is a melting pot of activity. If the price you're looking to pay is less than 600,000, Van Nuys is a gold mine. With houses priced from 330K and up, even the young can snag up a cool property here. 
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By Hayden Gerson
(HPM Financial LLC)
In the last year over 100 mortgage lenders have gone out of business due to the "mortgage meltdown" as most of you might now it is getting much more difficult to qualify for mortgages in Van Nuys. The reason it is difficult to qualify for your Van Nuys mortgage is because guidelines have changed drastically. Even reverse mortgages in Van Nuys are getting harder to qualify for, leaving many looking for a honest mortgage company in Van Nuys.Since many mortgage brokers in Van Nuys are going out of business, and others are not able to get you qualified, you need to call a reputable company to help you with your home mortgage in Van Nuys. We here at America One Mortgage Group are a national company headquartered out of Southern California. We have offices in many states and fund millions of ...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Homes Sold on the 1st Quarter of 2007Van Nuys Zip Code 91401Average Price $ 510,800Homes Sold 34Average Days on the Market 54% of Asking Price/Sold Listing Price 97.3 %Van Nuys Zip Code 91402Average Price $ 454,500Homes Sold: 34Average Days on Market: 89% of Asking Price/Sold Listing Price: 98.9%Van Nuys Zip Code 91405Average Price $ 491,200Homes Sold: 33Average Days on Market: 69% of Asking Price/Sold Listing Price: 96.2%Van Nuys Zip Code 91406Average Price $ 521,900Homes Sold: 48Average Days on The Market: 85% of Asking Price / Sold Listing Price: 97% 
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