Last month we celebrated the recovery of all jobs lost in 2020, and the unemployment rate dipped back to the lowest level since 1969. The latest jobs report showed that the labor market remains strong.
With interest rates rising and home prices remaining elevated, the housing market will continue to face growing affordability challenges in the near term.
I hope you enjoy my newsletter. Please let me know if I can assist you in anyway. If you're thinking of buying or selling, contact me and let's talk strategy.
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4053 Farmdale Ave l Studio City
5BD l 5 BA l 3,898 Sq. Ft. l 6,756 Sq. Ft.
$3,195,000
Set on a quiet cul-de-sac in sought-after Colfax Meadows, this timeless Traditional exudes style. Exquisitely remodeled by architect Richard Olander, the five-bedroom home boasts inviting interiors with the finest finishes. Enter to find a classic center hall floor plan, gorgeous oak floors and natural light streaming through custom wood-mullioned windows. Let the formal living and dining rooms inspire plans for your next dinner party. Enjoy a bright family room that opens to a freshly renovated kitchen with custom cabinetry, top-line appliances, a walk-in pantry, and a generously sized breakfast area encased by a stunning bay window.
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321 S. San Vicente Blvd #303 | Los Angeles
2 Bedroom | 2 Bathroom
$730,000
Updated and immaculate 2 bedroom, 2 bathroom condo located in the most desirable area between West Hollywood and Beverly Hills has the best that LA has to offer. Enjoy walking distance to Cedars-Sinai Medical Center, the best shopping across from the Beverly Center, near to The Grove at Farmers Market, along with the best restaurants on charming Third Street - the best location for entertainment and nightlife in LA. This large corner unit is on the market for the first time.
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2642 Blue Ridge Circle, Simi Valley
3 Bedroom | 3 Bathroom
$930,000
Wonderfully updated 3 Bed, 3 Bath pool home on a large lot, in a highly desired area of Simi Valley. Beautifully updated interior with bamboo wood floors, recessed lighting and open floor plan concept where the living, family, dining rooms and kitchen come together as one. Enjoy summer nights in a private backyard retreat which includes a gazebo, bar, pool with waterfall and jacuzzi.
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A Cooling Housing Market Gives
Home Buyers More Leverage
On average, U.S. homes purchased during a four-week period in August sold for less than the asking price. In Los Angeles County, homes are still selling for more than the listing price, but just barely.
Read more..
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Below are the median home prices for each community.
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Valley Village
$1,300,000
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Woodland Hills
$1,299,000
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Looking for info on a particular location or neighborhood? Contact me for a market report specific to your preferred location.
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Fall Trends 2022 – Our Favorite Seasonal Looks for a Fall Home
Designers offer their insight into the home design trends for fall 2022.
Get inspired...
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Things to do in the Fall in Los Angeles
Find L.A.’s best things to do in the fall, including the biggest seasonal events, fall-only activities and more.
Check it out...
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Leslie Magowan
Realtor
213-361-2628
DRE# 01981438
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