Real Estate Tag

Home of Pop Singer to Reduce LP, Mansion of a Comedian for Auction

Demi Lovato's Home. Image from this website Hollywood Hills West Home originally listed at $9.495 million. Pop singer and former child actress, Demi Lovato has tuned down the asking price to $8.995 million. As per LA Times The pop singer paid $8.3 million for the 5,500-square-foot home in September 2016.  The 2-story estate located on Laurel View Drive has 4 bedrooms and 5 bathrooms. Aside from that, it also has an outdoor grilling area and infinity-edge swimming pool. She bought the property in 2016. James Harris and David Parnes of the...

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Mortgage Market Update

San Fernando Valley Market Update. Data provided by Southland Regional Association of Realtors Here's a quick Mortgage Market Update from Adam Halem, Senior Mortgage Consultant of OptionOne Lending. He said, "The main thing the markets will be listening for is direction on whether the Fed will hike rates again in December and how many rate hikes next year." Let's discuss the rates first. We can observe an uptrend with the 30-year fixed rate with 4.97%, it's highest level since April 2011. Other rates are all up across the board. ...

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3 Important Things to Know About ADUs

We will share with you 3 Important Things to Know About ADUs. An Accessory Dwelling Unit is a detached living space built on a property with an existing primary home. We can now build homes in backyards as granted by several California Laws. According to Los Angeles Times, "A series of state laws took effect last year that seek to ease California's housing shortage by eliminating local restrictions that made it difficult or impossible to build such small second homes, commonly known as granny flats."    Most single-family homeowners can build ADUs As long...

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