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Matt Epstein's Real Estate Blog for Sherman Oaks, Studio City, Encino, Valley Village, Valley Glen, Tarzana & Beyond
Want to read more about Sherman Oaks Real Estate, Studio City Homes for Sale and Local News from the Ventura area and beyond? Every week Matt Epstein publishes a blog article discussing everything from real estate market trends to the best places to grab a bite. Sign up for his monthly newsletter to stay in the loop!
From Matt Epstein's Real Estate Insider
Finding Your Interior Design Style: Tips to Help You Design the Interior of Your Home
Designing your home can seem like a daunting and exhausting process, but it doesn’t have to be. When it comes to home decorating it’s important that your home has a cohesive design layout that resonates with you! That means designing for your life, not your walls.
Last month over 3,000 real estate agents from around the United States convened in Dallas, Texas for their annual meeting. This four-day event is a time in which agents from around the country gather to discuss the state of the real estate business as well as attend seminars and discussion groups as to how to improve and manage their real estate business, and to discuss the state of the real estate market nationwide.
WHAT IS AN ESCROW?
An escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a specific condition or event. It is an independent neutral account by which the interests of all parties to the transaction are protected. When opening an escrow, the buyer and seller of a piece of property establish terms and conditions for the transfer of ownership of that property.
To Stage or Not To Stage?
I recently had a lengthy conversation with stager Kimberly Behling from UpStage LA, a local home staging company. We talked about the pros, cons and facts about staging a home for sale.
Matt: What does it cost to stage a house in Los Angeles?
Spring is one of the busiest times of the year when it comes to selling and buying houses. Every spring home buyers flood the market in response to the slow pace of the winter and holiday months. In response, home sellers begin listing their picturesque houses with blooming flower beds and luscious lawns early in the Spring.
While both of these factors should lead to quick the quick close and a happy home seller the reality is quite different. While listing your house in the Spring is hugely advantageous, there are a few disadvantages that could set you back if you’re not properly prepared.
Sherman Oaks and Studio City homes are starting to experience the early signs of El Niño. Weather forecasters are predicting that the 2016 El Niño is going to surpass that of the ’97-’98 storm that terrorized Southern California almost two decades ago. As El Niño starts to bring in heavy rain, 2016 is predicted to mark the biggest El Niño yet.
On this month’s segment of Real Talk with Matt Epstein, I had a Q&A with Judy Rachel, Home Performance Professional. During the interview we talk about home efficiency, better quality of living and the benefits of having an energy efficient home. Who’s Homes Needs an Efficiency Upgrade?
All of them. Believe it or not, almost all homes need energy upgrades, even new constructions. Current building models focus on LEED Certification and greener living. While these applications bring in huge benefits for energy efficiency in your homes hardware, they don’t necessarily focus in on the micro-factors that plague most households.
The San Fernando Valley has not experienced the pace of price increases of some other areas. But it's not a surprise that Toluca Lake and Studio City are standouts.
The area has long been attractive to Hollywood executives and wealthy families looking to be near elite private schools. More recently, Studio City has become a hot spot for young urban professionals amid an explosion of bars and restaurants.
2016 marked the beginning of rising interest rates across all industries. For the last 10 years, the Federal Reserve has been assisting the market in order to promote buying. This year that program ends, and we start the slow and steady rise of interest rates. While most industries are seeing a dramatic increase in interest rates, the Real Estate industry has remained steadfast at low and consistent rates which should carry us through 2016.
I had a Q&A session with John Musso, who is nationally ranked 2nd at Wells Fargo Home Lending, to get to the facts about new interest rates. Here’s why the housing market shouldn’t be freaking out about the interest rate changes.
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Planting Your Summer Garden
It's time to prepare for summer in the San Fernando Valley and that means it's time to start spring cleaning, booking vacations and planning your summer yard. We all know that mapping out a yard design can be quite daunting, and that is why Matt Epstein sat down with Andrew of GLD Greenscape Landscape + Design.