4 beds, 3 full baths
Home size: 3,397 sq ft
Lot Size: 21,539 sq ft
Added: 01/25/12, Last Updated: 01/27/12
Property Type: Single Family, Residential
MLS Number: 12160759
Community: Sunland/Tujunga
TRADITIONAL SALE- Wonderful home situated in the tranquil hills of Tujunga looking for a new owner and some TLC. This large house has an expansive floor plan, upgraded kitchen, and bonus rooms. The master bedroom offers his and hers walking closets, jet tub and ample room all around. The floor plan is nicely distributed allowing for good functionality of the house. The large deck provides an inviting view of the mountains for those lazy summer days The house does need some TLC but with the right vision, you can own a magnificent house on the hills.
Listed with Victor Henriquez, Own Real Estate Inc.
Brought to you by Bob Taylor Properties. Call me today at 323-257-1080!
You are viewing a live feed of new listings from ITECH Multiple Listing Service. The listing may be held by a brokerage firm other than the broker who owns this web site. Would you like to see this property? Please call Griff Lares of Bob Taylor Properties, Inc. at 626-757-4916 for an appointment to see this home or any other home currently on the market.
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Pending Home Sales Index Posts Second Best Month Since April 2010
by Griff Lares on January 27, 2012
After 3 consecutive months of growth, the housing market appears to have eased a bit in December.
According to the National Association of REALTORS®, December’s Pending Home Sales Index slipped 4 percent from the month prior. The index measures the number of homes under contract to sell nationwide, but not yet sold.
Despite falling below its benchmark “100 value”, December’s Pending Home Sales Index is the reading’s second-highest value since April 2010 — the last month of last year’s home buyer tax credit program.
In other words, the housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Freddie Mac’s mortgage rate survey put the 30-year fixed rate mortgage at an average of 3.96% in December — a 75-basis point improvement from December 2010. This helps to make homes more affordable nationwide.
On a regional basis, December’s Pending Home Sales Index varied :
But even regional data is only so helpful. Like everything in real estate, data must be local to be relevant.
Throughout the West Region, for example, the U.S. region in which pending home sales fell the most, several states must have performed better than the regional average. And, undoubtedly, there were cities, towns, and neighborhoods that experienced marked market growth.
Unfortunately, the Pending Home Sales Index can’t capture that data. Nor can it identify the markets in which home sales suffered.
For today’s Los Angeles home buyers and sellers, therefore, it’s important to understand your local market and the drivers of local activity. Reports like the Pending Home Sales Index can paint a broad picture U.S. housing but for data that matters to you, you’ll want to look local.
For local real estate data, talk to an experienced real estate professional.
Want to know more about today's real estate market? Please call Griff Lares of Bob Taylor Properties, Inc. at 626-757-4916. No one works harder for their clients.
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