MarketWATCH Northridge
- Anne-Marie
- Apr 1, 2016
- 3 min read
Were you one of the many to see Batman v Superman this weekend? Can you believe it's showing at over 19,700 screens across 39 territories across the globe? Do you know that it has had the largest opening in $ of any superhero movie to date?? Talk about the power of hype!
I bring this up, because it's kind of like this Spring market -- a LOT of hype, the feeling of scarcity and high demand... which is forcing prices to hold, and many buyers to compete for homes, some of which end up selling WAY above list price (which seems great for sellers), until the appraisal doesn't support the amount and the buyer's mortgage falls short. WHAT? Yes, this really happens.
A realtor who has YOUR best interests at heart, as well as an intimate knowledge of the market can help you to avoid these kinds of disappointment. Whether it's losing out in a bidding war or not being
able to finance the purchase of the accepted offer, our job is to help you develop the best purchase strategy. Another scenario is if you win the bidding war and are able to finance the home (or buy it outright)...then three years down the road, you can't get back what you've invested, because you bought an artificially-inflated property. (a la 2006)
If you're really interested in a home and would like an objective opinion...give us a call, send an email, a text, a carrier pigeon, we really would like to see you INVEST your money wisely.
Now, I shall jump down off my soapbox and let you know what's going on in the market this week.
There were 13 new listings this week in Northridge. They range in price from $320,000 -$1,100,000; size 1116sf - 3517sf; age from 1935 - 2015
Here are our featured listings this week...
17710 Devonshire ST # 2, Northridge, CA 91325 Listing #SR16064097 - $399,000
TOWN HOME w/ 2 SEPARATE MASTER SUITES, each with it's own private bath! Big Walk-in closets! HUGE PRIVATE PATIO between the TOWN HOME and the PRIVATE 2 CAR ATTACHED GARAGE! Best TOWN HOME complex AND BEST LOCATION in NORTHRIDGE! Highly sought after DEVONSHIRE VILLAGE! Formal Dining Room! Separate Family Room adjacent to the large, sunny kitchen w/ breakfast bar! This is the best Town Home in Northridge Updated with HARDWOOD FLOORS! Sunny and bright with a big SKYLIGHT! Complex has greenbelts, two sparkling swimming pools and spas. Granada Hills school district.
17437 Chase ST, Northridge, CA 91325 Listing #SR16060874 - $1,100,000
This beautiful single-story home has a circular drive-way and backs to the prestigious Sherwood Forest area. The main house (approx 2600 sq ft) has an expansive open floorplan with 4 bedrooms and 2.5 bathrooms with hardwood floors throughout. The large living room has vaulted ceilings, lots of natural light and opens up to the formal dining room with wainscoting, a cozy den and a beautiful upgraded kitchen. The huge center-island kitchen has a double oven, stainless steel appliances, granite countertops, custom cabinets with a built-in wine rack. The large master en-suite has french doors opening to the rear yard, a beautifully upgraded bathroom and a large walk-in closet. Attached to the main house is a permitted room with a private 3/4 bath (306 sq ft) that has its own separate entrance. It can be used as a 5th bedroom, in-law suite, kids playroom, office, music room...the possibilities are endless. The large rear-yard has a sparkling pool, gorgeous fountain (included) & vegetable garden. In the back of the property is a permitted detached one bedroom, one bath "accessory living" unit that can be used as a guest house (600 sq ft). Other highlights are a tankless water heater, dual A/C units and a roof that is only approx 8 yrs young.
Check out all the new listings this week in Northridge – HERE
Warmly,
ps Seriously, if you'd like to sit down with us for a strategy session, so that together we can plan out the best course of action for you and know your limits financially, ask for our Free Home Loan Report -- Click Here
Anne-Marie Stone Pinnacle Estate Properties Cal BRE# 00923192
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