Hosep Stepanian @hosepstepanian - Tumblr Blog

Porter Ranch's Most Affordable Homes | Get The List | Hosep Stepanian

Porter Ranch, California, is one of the most desirable neighborhoods in the San Fernando Valley, known for scenic views, clean air, and proximity to the 118 freeway. Its population of roughly 42,000 is diverse, with a median household income of around $148,000, reflecting a well-off, family-oriented community. The median age of 44 means a mix of professionals, families, and retirees in master-planned communities with top-rated schools.

CLICK HERE TO GET THE LIST

Because single-family homes often exceed $1 million, investing in condominiums or townhouses under $700,000 offers a smart entry point. These properties let buyers access Porter Ranch’s safe neighborhoods, recreation trails, parks, and convenient commuting. With inventory tight and demand strong, these lower-priced homes have solid appreciation potential. In short, buying a condo or townhome now offers an affordable foothold in a community that blends luxury, livability, and long-term value.

If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

Pricing Your Home Right: 5 Essential Tips for 2026 Sellers | Hosep Stepanian

Selling your home is a significant undertaking, and one of the most crucial decisions you'll make is setting the right price. In a dynamic market like 2026, getting the price wrong can lead to your home sitting on the market, or worse, leaving money on the table. To help you navigate this, here are five essential tips for homeowners looking to price their home properly for sale.

1. Don't Just Rely on Online Estimates – Get a Professional CMA

While handy, online home valuation tools like Zillow's Zestimate or Redfin's Estimate are just starting points. They use algorithms based on publicly available data, which might not account for the unique features, upgrades, or even specific nuances of your neighborhood. For a truly accurate assessment, you need a Comparative Market Analysis (CMA) from an experienced local real estate agent. A CMA involves a deep dive into recently sold homes in your area, properties currently on the market, and even expired listings, giving you a much clearer picture of your home's true value.

2. Understand the Local Market Trends (and Sub-Trends!)

The real estate market is rarely monolithic. What's happening nationally or even across your city might not reflect the micro-market in your specific neighborhood. In 2026, keep an eye on interest rate fluctuations, inventory levels (how many homes are for sale), and average days on market for homes similar to yours. Are homes selling quickly with multiple offers, or are they lingering? Furthermore, consider sub-trends. Is there a particular school district that's seeing higher demand? Are certain architectural styles more popular? Understanding these localized dynamics will be key to competitive pricing.

3. Price to Attract Buyers, Not Just to Your Desired Outcome

It's natural to want the highest possible price for your home. However, an overpriced home is often overlooked by potential buyers, even those who might have paid close to your ideal price if it had been priced correctly from the start. Think of it this way: pricing slightly below market value can create a buzz, attracting more viewers and potentially leading to multiple offers, which can drive the price up. Pricing too high, on the other hand, can lead to your home becoming "stale" on the market, forcing price reductions later that signal desperation to buyers.

4. Factor in Your Home's Condition and Recent Upgrades

Be honest with yourself about the condition of your home. While your renovated kitchen might seem like a million-dollar upgrade to you, it needs to be viewed through the lens of a potential buyer and compared to similar homes that have sold. Have you recently updated major systems like the roof, HVAC, or windows? These can add significant value. Conversely, if your home needs significant repairs or cosmetic updates, these will factor into a buyer's offer. Be prepared to show documentation for major upgrades to justify your price.

5. Be Prepared to Adjust – The Market is Always Moving

The real estate market is fluid, and 2026 will be no exception. What's true today might not be true in three weeks. If your home isn't getting the traction you expected within the first few weeks, be prepared to re-evaluate your pricing strategy with your agent. This doesn't necessarily mean a drastic price cut; it could involve a smaller adjustment, a marketing refresh, or even just adjusting your expectations based on new market data. Flexibility is key to a successful sale.

By following these five tips, you'll be well-equipped to price your home correctly for the 2026 market, attracting the right buyers and achieving a successful sale.

If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

End-of-Year Reflection: How to Learn from the Past Year and Set Meaningful Goals

End-of-Year Reflection: How to Learn from the Past Year and Set Meaningful Goals for the Future

As we approach the end of the year, it's natural to look back and reflect on the past 12 months. Whether you're an entrepreneur, a student, a parent, or just someone trying to make the most of life, reflection can be an important tool for personal growth and development. This time of year provides an opportunity to evaluate what worked well, what didn't, and how you can use those lessons to create a better future.

Here’s a guide to help you reflect on the past year, evaluate, learn from it, and set new goals for the year ahead:

1. Reflect on Your Wins

First, take a moment to celebrate your successes. These don’t have to be monumental achievements—sometimes the small wins are the ones that matter most. Did you improve a skill? Achieve a personal milestone? Or make a decision that ultimately helped you grow? Recognizing these victories boosts your confidence and reminds you of your strengths.

Ask yourself:

What accomplishments am I most proud of this year?

What progress have I made toward my long-term goals?

What new habits or routines have served me well?

2. Evaluate Your Losses and Challenges

Now, it's time to look at the areas where things didn’t go as planned. It's important to be honest with yourself, but also compassionate. Failures are an inevitable part of life, and they can be powerful learning tools. Rather than viewing them as setbacks, think of them as opportunities to grow.

Ask yourself:

What didn’t go as planned this year?

What lessons can I learn from my failures?

How can I handle similar challenges more effectively next time?

3. Identify Missed Opportunities

Sometimes, the biggest regrets are not the things we did but the things we didn’t do. Maybe you let fear or procrastination hold you back from seizing an opportunity. Or perhaps you didn’t manage your time well enough to take advantage of a chance that came your way. Rather than focusing on guilt or self-blame, think about what you can do in the coming year to be more prepared when opportunities arise.

Ask yourself:

What opportunities did I miss or let slip by?

Why didn’t I act on them at the time?

What can I do differently in the future to recognize and seize opportunities?

4. Learn from Your Reflections

Once you’ve thought about your wins, losses, and missed opportunities, it’s time to create an action plan for next year. Use what you’ve learned to develop strategies that will help you navigate obstacles and maximize success.

Set Specific Goals: Think about what you want to achieve in the coming year. Be clear, specific, and realistic about your goals. Whether it's improving your health, advancing in your career, or cultivating better relationships, clear goals provide a roadmap for your success.

Create a Plan of Action: Identify the small steps you need to take to achieve your goals. Breaking things down into manageable tasks will make them seem less overwhelming.

Embrace Accountability: Share your goals with someone you trust. Having someone to check in with can keep you motivated and on track throughout the year.

5. Don’t Forget to Celebrate Your Progress

As the year progresses, remember to celebrate your milestones—big and small. The journey to achieving your goals is just as important as the destination. Take the time to enjoy the process, learn from it, and adjust as needed.

This end-of-year reflection isn’t about perfection—it’s about progress. By learning from your experiences, you can set yourself up for an even more successful year ahead.

What steps are you planning to take to ensure that next year is your best yet?

If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

Quick and Affordable Ways to Prepare Your Home for Sale

Easy and Inexpensive Ways to Prepare Your San Fernando Valley Home for Sale: Expert Tips from a Realtor and Interior Designer Selling your home in the vibrant San Fernando Valley market can feel overwhelming, but preparing your property doesn’t have to be costly or complicated. As both a seasoned realtor and interior designer working in the area, I’ve learned that simple, affordable improvements often deliver the biggest impact when attracting buyers. Whether you’re a hands-on DIY type or prefer hiring help for a few key tasks, these tips will help you put your best foot forward and maximize your home’s appeal. Declutter and Depersonalize Your Space Buyers want to envision themselves in your home — not be distracted by your personal belongings. Start by clearing away family photos, collections, and any excess décor so rooms feel open and inviting. Pack up extra furniture or knickknacks that make spaces look cramped. Opening closets and cabinets is also important; organizing and removing clutter here signals ample storage and care. Deep Clean Every Corner Cleanliness sells. Take time to thoroughly clean kitchens, bathrooms, floors, and windows. Pay special attention to grout lines in tile and any surfaces that show wear. While cleaning is DIY-friendly, consider having carpets professionally cleaned to instantly refresh tired flooring — this can help remove odors and stains that homemade methods may miss. Refresh Walls with a Neutral Paint Palette A fresh coat of paint brightens and modernizes any space. Stick to neutral tones like soft shades of beige, cream, or light gray to appeal to a broad base of buyers. This DIY project is straightforward and cost-effective, helping rooms feel bigger and more welcoming. Don’t forget to touch up baseboards and doorframes for that extra polished look. Boost Kitchen and Bathroom Appeal Minor updates here create major impressions. Swapping out dated hardware like cabinet knobs and drawer pulls for new, contemporary ones is an easy weekend project. Updating light fixtures or changing bulbs to produce brighter, cleaner light makes these focal rooms feel fresh. Small touches — like new shower curtains and fresh towels — add a spa-like vibe without a big price tag. Enhance Curb Appeal to Draw Buyers In First impressions matter, especially in the competitive San Fernando Valley market. Maintain your landscaping by mowing, trimming, and clearing debris. Add vibrant potted plants or fresh mulch to flower beds for a welcoming splash of color. Give your front door some love by painting or washing it, and consider power-washing walkways and patios so everything looks cared for and inviting. Arrange Furniture for Maximum Space and Flow A well-arranged living space highlights your home’s best features. Move furniture to create clear pathways, balance seating areas, and showcase natural light. Using mirrors strategically reflects sunlight and can make rooms feel larger and airier. If you have empty or awkward spaces, borrowing or renting a key piece of furniture can help define those areas without a major investment. Organize Storage Areas and Show Off Space Closets and pantries are top priorities for buyers. Keep them tidy and don’t overfill them—at least half-empty storage areas let buyers appreciate the available room. Use attractive storage bins or baskets to organize smaller items and keep shelves neat. When to Call in Affordable Professional Help Most of these preparations can be tackled yourself, but some jobs benefit from a little extra expertise. Hiring a professional cleaner for carpets, windows, or a deep clean before showings can make a noticeable difference. In some cases, working with a local staging consultant who knows San Fernando Valley buyers can help arrange your furniture and décor to highlight your home’s key strengths—all without a hefty price tag. Final Touches for Showing Day Let natural light in by opening curtains and blinds during showings. Add life and warmth with fresh flowers or a bowl of fruit. Keep the air fresh and inviting by avoiding overpowering scents—opt for subtle, natural aromas instead. Preparing your home for sale in the San Fernando Valley doesn’t have to mean expensive renovations or days of labor. By focusing on decluttering, deep cleaning, simple updates, and enhancing the flow and feel of your space, you’re setting the stage for buyers to fall in love. If you’re preparing to sell your home, don’t underestimate how powerful small, smart steps can be. With these approachable suggestions, your San Fernando Valley home can stand out in a competitive market, helping you attract motivated buyers and a successful sale.

Want to know how these changes could affect your local market? Reach out—I'm here to help you navigate what’s next.

If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

ADU Construction: The Best Investment for Your Future

Why Building an ADU Is a Smart Property Move

An Accessory Dwelling Unit (ADU) is more than extra square footage—it’s a fully equipped home with its own kitchen, bathroom, and utilities. Beyond flexibility, an ADU adds significant financial value to your property and creates opportunities for passive income through short‐term or long‐term rentals.

Research shows that adding an ADU can increase your property value by up to 30%, depending on location and property specifics. Appraisers recognize ADUs as premium additions, comparing them with similar homes that lack these versatile units—making them an increasingly popular trend in California real estate.

Major Financial Benefits of Investing in an ADU

PROPERTY INVESTMENT Deduct the mortgage interest associated with your ADU investment property. This can help lower your taxable income and improve your financial returns.

PROPERTY TAX Reduce your taxable income even further through allowable property tax deductions.

OPERATING EXPENSES Deduct maintenance costs, utilities, insurance, property management, and other operational expenses tied to your ADU.

DEPRECIATION Offset wear and tear with annual depreciation deductions—another key advantage that improves your overall return.

REPAIRS & MAINTENANCE All necessary repairs and upkeep costs are deductible, which helps maintain your ADU’s condition while adding value.

ADVERTISING & MARKETING Promoting your ADU as a rental property? Listing fees, online ads, and marketing costs are deductible as well.

Generate Passive Income from Your ADU

Long-Term Rental You can rent out your ADU on a long-term basis—similar to leasing out an apartment. The process includes screening tenants, verifying income and rental history, and signing a lease agreement (typically at least one year).

Short-Term Rental Alternatively, you can offer short-term rentals through vacation platforms like Airbnb or VRBO, allowing guests to book your Unit for a few days or weeks. This flexible approach can deliver strong seasonal income while keeping your options open for personal use.

A Smart, Future-Proof Investment

Strong Return on Investment (ROI) The ROI for an ADU typically ranges between 5% and 10%, making it one of the most cost-effective ways to maximize your property’s potential and generate additional revenue.

More Than Just Extra Space

Home Office – A dedicated, private workspace separate from the main house—ideal for remote professionals.

Guest Suite – A comfortable, independent area for visiting family or friends.

An ADU is more than a building project—it’s a strategic, future-proof investment that enhances lifestyle flexibility, increases property value, and opens doors to new income streams.

Ready to Explore ADU Opportunities?

Build wealth, increase your property’s value, and create passive income with an ADU today.

Contact Realtor Hosep Stepanian at 818-426-1117 to discuss your property goals and discover how an ADU can transform your investment portfolio.

If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

FOR SALE: 17350 Hamlin St, Lake Balboa 91406 $779,000

#youtube

The Tale Of 2 Real Estate Markets

Today’s Tale of Two Housing Markets Depending on where you live, the housing market could feel red-hot or strangely quiet right now. The truth is, local markets are starting to move in different directions. In some places, buyers are calling the shots. In others, sellers still hold the power. It’s a tale of two markets. What’s a Buyer’s Market vs. a Seller’s Market? In a buyer’s market, there are more homes for sale and not as many buyers. That means homes sit longer, buyers have more negotiating power, and prices tend to soften as a result. It’s simple supply and demand. On the flip side, a seller’s market happens when there aren’t enough homes available for the number of people looking to buy them. Because buyers have to compete with each other to get the house they want, that leads to faster sales, multiple offers, and rising prices. Right now, both of these scenarios are playing out, depending on where you are. So, how do you know what kind of market you’re in? Lean on a local real estate agent. They’ll explain what’s really happening in your area based on these key drivers. The Number of Buyers and Sellers by Region One of the biggest factors impacting each market is the number of active buyers and sellers. According to Redfin, here’s what that looks like by region (see graph below):

Today, the Northeast and Midwest are more likely to be seller’s markets. Buyers still outnumber sellers there, and that keeps things tilted in favor of homeowners. Generally speaking, homes are selling faster and prices are rising in those areas. But the South and West are leaning more toward buyer’s markets. There are more sellers than buyers, which means more listings to choose from and less competition among buyers. That’s a major shift from a few years ago when sellers had the advantage almost everywhere. Today, your local conditions matter more than ever – and they can vary even from one neighborhood to the next. Price Trends Mirror the Buyer/Seller Divide When inventory and buyer activity shift, so do prices. In places where demand still outpaces supply, like much of the Northeast and Midwest, prices are continuing to climb. But in parts of the South and West where inventory is up and demand has cooled, prices are softening. And that’s a plus for buyers looking to negotiate in those areas. Here’s the latest price data from ResiClub to show how this divide is shaking out across the top metros in the country (see graph below):

This is why it’s the tale of two markets. Roughly half of the top 50 metros are up, and half are relatively flat or down. That said, don’t panic if you own a home in a market where prices are dipping. Most homeowners have built up significant equity over the past few years, and chances are you have too. So, you’re likely still come out way ahead when you sell. Why Local Insights Matter Even in regions that lean more buyer-friendly right now, there will be cities, towns, and even neighborhoods that don’t follow the regional trends. That’s why an agent’s local market expertise is so important. They can help you understand what’s happening all the way down to a zip code level, including: - Whether your area is favoring buyers or sellers - How to set the right price or craft an offer strategy based on local trends - The best way to make your move happen, no matter what’s happening in the market Bottom Line In a market where conditions vary this much from place to place, success starts with understanding every aspect of your local area. Let’s connect so you’ve got an expert in your corner who knows exactly how to guide you through your market, wherever you are. If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

Mortgage Applications Are On The Rise! | Hosep Stepanian

While this spring hasn’t exactly sparked a booming real estate season—home sales remain close to a 30-year low—there are some encouraging signs that activity may be picking up, especially when it comes to mortgage demand. According to Lawrence Yun, chief economist at the National Association of REALTORS®, “The latest application data is clearly showing some positive encouragement.” And the numbers back that up. For the week ending June 6, mortgage applications were up 20% compared to the same time last year, based on new data from the Mortgage Bankers Association. What’s more impressive? That increase came even as rates remained relatively steady. “Despite ongoing uncertainty surrounding the economy, home buyers seem to be taking advantage of loosening housing inventory in certain markets,” says Joel Kan, deputy chief economist at MBA. In fact, housing inventory has climbed 20% year over year. However, that rise in listings hasn’t yet translated into a noticeable increase in closed home sales across the country—at least not yet. The Key: Mortgage Rates One of the biggest drivers remains mortgage rates. Yun points out that all eyes are on inflation trends and what the Federal Reserve decides to do next with its benchmark rate. If rates dip—even slightly, to around 6.5%—he believes that could ignite a real shift in buyer activity, potentially increasing sales by up to 10%. “Even small, incremental changes , I think, will bring more buyers,” Yun adds. Where Mortgage Rates Stand Now Mortgage rates have been relatively steady for several months—and this past week followed that same pattern. “Mortgage rates have moved within a narrow range for the past few months—and this week is no different,” says Sam Khater, chief economist at Freddie Mac. Still, he adds, “Rate stability, improving inventory, and slower house price growth are an encouraging combination as we celebrate National Homeownership Month.” Here’s where rates stood as of the week ending June 12, according to Freddie Mac: 30-year fixed-rate mortgage: 6.84% (down slightly from 6.85% the week before; 6.95% a year ago) 15-year fixed-rate mortgage: 5.97% (down from 5.99% the previous week; 6.17% a year ago) What This Means for Buyers and Sellers For buyers, the combination of increased inventory and slightly more favorable rates may open up new opportunities—especially in markets where competition is softening. For sellers, understanding these dynamics can help in pricing strategies and setting expectations. As the summer real estate season heats up, all eyes will be on mortgage rates, inventory trends, and how buyers respond to these subtle but important shifts. Want to know how these changes could affect your local market? Reach out—I'm here to help you navigate what’s next. If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117 Hosep Stepanian Broker In Trust 9440 Reseda Blvd. Northridge, CA 91324 DRE#01780506 Hosep Stepanian PHONE: 818-426-1117 EMAIL: [email protected] WEBSITE: https://www.hosepstepanian.com/ LINK TREE https://linktr.ee/hosepstepanian

Read the full article

IN ESCROW! 10839 Bismarck Ave, Porter Ranch 91326LIST PRICE: $1,149,0004 BEDROOMS / 2 BATHSBeautifully upgraded 2-story home set in a quiet cul-de-sac in highly sought after Porter Ranch. This 4 bedroom 2 bath home offers 2,154 interior square feet with an open floor plan and tons of natural light. New dual pane windows and slider, new 200 amp electrical panel, new recess lights and light fixtures, new vinyl flooring, new interior and exterior paint, and much more. Double door front entry leads to a HUGE living room with a stone fireplace. Updated kitchen with white shaker cabinets, quartz counter tops and a custom backsplash. First floor also offers a large bedroom, updated bath, and a family room/den perfect for entertaining. Second floor has 3 additional bedrooms and an updated bath. Dedicated laundry room downstairs large enough for side by side washer/dryer. HUGE, recently painted patio in rear just in time for some summer BBQ's. Top rated Beckford Elementary, Nobel Middle, and Granada Hills Charter High School District. Centrally located near shopping, dining, entertainment, and freeways.Hosep StepanianBroker In Trust9440 Reseda Blvd.Northridge, CA 91324DRE#01780506Hosep StepanianPHONE: 818-426-1117EMAIL: [email protected]: https://www.hosepstepanian.com Bottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

IN ESCROW. SOLD OVER ASKING PRICE17041 Labrador St, Northridge 91325 LIST PRICE: $1,499,0006 BEDROOMS / 4 BATHS: / SQ.FT. 2,767Discover this impeccably remodeled Mid-Century Modern gem, lovingly maintained by the same owners since 1977 sitting on a HUGE lot of 15,919 square feet. Main home features 4 bedrooms and 3 baths with over 2,100 square feet. Blending timeless design with thoughtful upgrades, this stunning home has a newer roof, newer paid-off solar panels, central heat and air, copper plumbing, dual pane windows, updated electrical panels, automatic skylights, and much more. Resort style, large, remodeled pool and deck perfect for relaxing or entertaining. Additional 600 square feet, not included in homes square footage, enclosed patio doubles as a game room and family room. The lush, beautifully landscaped grounds offer abundant outdoor entertaining space, creating your own private oasis. Home also includes a detached, stylish 2-bedroom, 1-bathroom ADU of almost 700 square feet—fully remodeled—adds incredible flexibility for visitors, rental income, or a private retreat. ADU has a separate address and a separate gas meter. Right down the street from the highly desirable Waldorf Institute of Southern California and Balboa Magnet. This is truly a must-see to appreciate the care, quality, and unique charm this property offers. A special retreat.Hosep StepanianBroker In Trust9440 Reseda Blvd.Northridge, CA 91324DRE#01780506 Bottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of the market returning to a more stable, healthy place.What’s Going on With Inventory?Based on the latest data from Realtor.com, inventory just hit its highest point since 2020, shown with the white line in the graph below.But what you need to realize is, at the same time, inventory levels still haven’t returned to pre-pandemic norms (shown in gray):That means there are more homes for sale now than there have been in quite some time.And while it’s true inventory is up significantly compared to where it was over the last few years, the number of homes on the market is still well below typical levels. And that’s important context.Why This Isn’t the Problem A Lot of People Think It IsSome people hear inventory’s rising and immediately think about 2008. Because back then, inventory spiked just before the market crashed. But today’s situation is very different.Here’s the key reason why. We don’t have a surplus of homes; we have a deficit to climb out of. What we’re dealing with is a long-term housing shortage – and it’s a big one.The red bars in the graph below show all the years where housing starts (new builds) didn’t keep up with household formation, going all the way back to 2012. The deeper the bars in the graph, the more the housing deficit grew (see graph below):And one of the reasons this housing shortage kept growing is because new home construction just didn’t keep up with the number of people who need to buy homes. In fact, the U.S. is actually short millions of homes at this point, and it will take years to overcome that gap. Realtor.com says:“At a 2024 rate of construction relative to household formations and pent-up demand, it would take 7.5 years to close the housing gap.”That means, in most areas, there isn’t a risk of having too many houses on the market right now. It’s quite the opposite – a vast majority of markets actually need more homes.Which is why, even though inventory is rising, it’s not a problem on a national scale. It’s just helping to fill a gap that’s been growing for years.Bottom LineDon’t let the headlines scare you. Rising inventory isn’t a sign of a crash. It’s a step toward a more normal, stable housing market.If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117Hosep StepanianBroker In Trust9440 Reseda Blvd.Northridge, CA 91324DRE#01780506Hosep StepanianPHONE: 818-426-1117EMAIL: [email protected]: https://www.hosepstepanian.com/LINK TREE https://linktr.ee/hosepstepanian Read the full article

17041 Labrador St, Northridge 91325 LIST PRICE: $1,499,0006 BEDROOMS / 4 BATHS: / SQ.FT. 2,767Discover this impeccably remodeled Mid-Century Modern gem, lovingly maintained by the same owners since 1977 sitting on a HUGE lot of 15,919 square feet. Main home features 4 bedrooms and 3 baths with over 2,100 square feet. Blending timeless design with thoughtful upgrades, this stunning home has a newer roof, newer paid-off solar panels, central heat and air, copper plumbing, dual pane windows, updated electrical panels, automatic skylights, and much more. Resort style, large, remodeled pool and deck perfect for relaxing or entertaining. Additional 600 square feet, not included in homes square footage, enclosed patio doubles as a game room and family room. The lush, beautifully landscaped grounds offer abundant outdoor entertaining space, creating your own private oasis. Home also includes a detached, stylish 2-bedroom, 1-bathroom ADU of almost 700 square feet—fully remodeled—adds incredible flexibility for visitors, rental income, or a private retreat. ADU has a separate address and a separate gas meter. Right down the street from the highly desirable Waldorf Institute of Southern California and Balboa Magnet. This is truly a must-see to appreciate the care, quality, and unique charm this property offers. A special retreat.Hosep StepanianBroker In Trust9440 Reseda Blvd.Northridge, CA 91324DRE#01780506 Bottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

OPEN HOUSE April 26 and 27 from 12-4.10839 Bismarck Ave, Porter Ranch 91326LIST PRICE: $1,149,0004 BEDROOMS / 2 BATHSBeautifully upgraded 2-story home set in a quiet cul-de-sac in highly sought after Porter Ranch. This 4 bedroom 2 bath home offers 2,154 interior square feet with an open floor plan and tons of natural light. New dual pane windows and slider, new 200 amp electrical panel, new recess lights and light fixtures, new vinyl flooring, new interior and exterior paint, and much more. Double door front entry leads to a HUGE living room with a stone fireplace. Updated kitchen with white shaker cabinets, quartz counter tops and a custom backsplash. First floor also offers a large bedroom, updated bath, and a family room/den perfect for entertaining. Second floor has 3 additional bedrooms and an updated bath. Dedicated laundry room downstairs large enough for side by side washer/dryer. HUGE, recently painted patio in rear just in time for some summer BBQ's. Top rated Beckford Elementary, Nobel Middle, and Granada Hills Charter High School District. Centrally located near shopping, dining, entertainment, and freeways.Hosep StepanianBroker In Trust9440 Reseda Blvd.Northridge, CA 91324DRE#01780506Hosep StepanianPHONE: 818-426-1117EMAIL: [email protected]: https://www.hosepstepanian.comBottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

Incredible Deal! One of the lowest priced homes on the market in the esteemed Encino Park neighborhood. A perfect open canvas for a first time home buyer or a savvy investor. Embrace the charm of this superb gem offering 2 bedrooms and 2 baths with almost 1,100 square feet. Some of the upgrades include newer dual pane windows, newer package unit central heat/air, newer tankless water heater, copper plumbing, newer ABS sewer drains, newer tile flooring, recess lights, newer paint, and much more. Move in and customize to your taste, the potential opportunities are endless. Rear exterior storage shed included. Minutes from multiple parks, Trader Joes, 101 freeway, and Ventura Blvd.If you are considering selling your house, we encourage you to contact Hosep Stepanian for a free consultation. He will assess your specific situation, provide expert advice, and help you make the best decision for your circumstances. Don't hesitate to reach out today to schedule an appointment. (818) 426-1117Hosep Stepanian Broker In Trust9440 Reseda Blvd. Northridge, CA 91324DRE#01780506Hosep StepanianPHONE: 818-426-1117EMAIL: [email protected]: https://www.hosepstepanian.com/LINK TREE https://linktr.ee/hosepstepanian Bottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

Introducing 12 Brand New Detached Homes in Prime Sun Valley, CADiscover the epitome of modern living with these newly built, light-filled detached homes. Perfectly situated in the highly desirable Sun Valley neighborhood, these exclusive properties offer unparalleled convenience with proximity to major freeways, shopping centers, and restaurants. Whether you're looking for a spacious family home or a versatile property with rental potential, this community caters to your needs.Key Features-Flexible Living Options: Choose between 4-bedroom models or 3-bedroom models with an attached Accessory Dwelling Unit (ADU).-No HOA Fees: Enjoy the freedom of homeownership without monthly association dues.-Financing Options: VA and FHA financing available for qualified buyers.-Attached Garages: Secure parking and additional storage space.-Modern Design Elements:-Vaulted ceilings for an open and airy feel.-Custom siding for a sleek exterior look.-Picture windows that flood interiors with natural light.-Energy-Efficient Amenities:-Tankless water heaters for on-demand hot water.-Two air conditioning units for optimal climate control.Models Available-3-Bedroom, 3-Bath Homes with ADU-Includes an additional bathroom in the ADU, perfect for rental income or guest accommodations.-Total of 8 units available.-4-Bedroom, 3-Bath Homes-Spacious layouts ideal for growing families.-Total of 4 units available.Pricing-Offered from the high $700,000s—an exceptional value for new construction in Sun Valley.Why Sun Valley?Sun Valley is a thriving community known for its accessibility and vibrant lifestyle. Residents benefit from nearby amenities such as shopping centers, dining options, and recreational facilities. The area also boasts easy freeway access, making commutes to neighboring Burbank and North Hollywood a breeze.Contact InformationFor inquiries or to schedule a viewing:-Call: 818-426-1117-Email: [email protected]: www.HosepStepanian.comDRE# 01780506These homes are a rare opportunity to own brand-new construction in one of Los Angeles' most sought-after neighborhoods. Act quickly—availability is limited!Bottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

OPEN HOUSE! 4550 Coldwater Cyn #303 Studio City, CA | 3 Bedrooms, 2 Baths, $779,000 LEASED! 13129 Vanowen St #3 North Hollywood $2,250.00/mo 2 Bedrooms, 1 Bath 750 Sq.Ft. UNDER CONTRACT! 26344 Rainbow Glen Dr. Newhall, CA $585,000 Hosep Stepanian LEASED! 2347 Glendon Ave, Los Angeles 90064 | 3 Bedrooms, 2 Baths, Guest Unit, $6995 per month. What’s Happening To The Real Estate Market In The San Fernando Valley? 12 House Features You Should Never Pay Extra For: Insights From An Expert Realtor ESCROW CLOSED! 11065 Amigo Ave. | Porter Ranch, CA 91326 | $1,119,000 Maybe A Condo Could Be Your First Home Purchase. 3 Sales By Hosep By In 3 Days .::. Call Hosep For Real Estate ESCROW CLOSED: 19231 Sherman Way #58 | Reseda, CA 91335 $580,000 FOR LEASE! 5325 Newcastle Ave. #313 Encino, CA | 2 Bedrooms, 1 Baths, 809 Sq.Ft., $2995 per month. What’s Happening In Real Estate For The Rest Of 2024 Should You Sell Now? Your Lifestyle Factors Probably Tip the Scale Unveiling Your Home’s Hidden Potential: A Guide to Maximizing Its Value CLOSED ESCROW 🏠12557 Bernadette Street, Pacoima, CA Over Asking $875,000 LEASED | 14715 Saticoy St. #12, Van Nuys, CA 91405 Home Search Hacks: Outsmart the Market and Find Your Perfect Place 9047 Willis Ave #7 Panorama City, CA 91402 – CLOSED ESCROW Finding Your Next Home: Why a Buyer’s Agent Will Be Your Secret Weapon New Rules, New Opportunities: Understanding the NAR Settlement and Its Impact on Buyer’s Agreements - 1- 2 Read the full article

Introducing 12 Brand New Detached Homes in Prime Sun Valley, CADiscover the epitome of modern living with these newly built, light-filled detached homes. Perfectly situated in the highly desirable Sun Valley neighborhood, these exclusive properties offer unparalleled convenience with proximity to major freeways, shopping centers, and restaurants. Whether you're looking for a spacious family home or a versatile property with rental potential, this community caters to your needs.Key Features-Flexible Living Options: Choose between 4-bedroom models or 3-bedroom models with an attached Accessory Dwelling Unit (ADU).-No HOA Fees: Enjoy the freedom of homeownership without monthly association dues.-Financing Options: VA and FHA financing available for qualified buyers.-Attached Garages: Secure parking and additional storage space.-Modern Design Elements:-Vaulted ceilings for an open and airy feel.-Custom siding for a sleek exterior look.-Picture windows that flood interiors with natural light.-Energy-Efficient Amenities:-Tankless water heaters for on-demand hot water.-Two air conditioning units for optimal climate control.Models Available-3-Bedroom, 3-Bath Homes with ADU-Includes an additional bathroom in the ADU, perfect for rental income or guest accommodations.-Total of 8 units available.-4-Bedroom, 3-Bath Homes-Spacious layouts ideal for growing families.-Total of 4 units available.Pricing-Offered from the high $700,000s—an exceptional value for new construction in Sun Valley.Why Sun Valley?Sun Valley is a thriving community known for its accessibility and vibrant lifestyle. Residents benefit from nearby amenities such as shopping centers, dining options, and recreational facilities. The area also boasts easy freeway access, making commutes to neighboring Burbank and North Hollywood a breeze.Contact InformationFor inquiries or to schedule a viewing:-Call: 818-426-1117-Email: [email protected]: www.HosepStepanian.comDRE# 01780506These homes are a rare opportunity to own brand-new construction in one of Los Angeles' most sought-after neighborhoods. Act quickly—availability is limited!Bottom LineIf you want to find out how much equity you have and talk more about how it can make your next move possible, let’s connect.Hosep Stepanian - 818-426-1117 LINK TREE https://linktr.ee/hosepstepanian Read the full article

Trending Blogs

Recently Viewed Blogs

Hosep Stepanian