Why are Carey Mulligan & Marcus Mumford selling their home 6 months after purchasing it?!

Carey Mulligan and Marcus Mumford list their Sunset Strip property.

This Spanish Style home has 4 bed/6 bath, 4,593 sq. ft. of living space, and is on a 7,354 sq. ft. lot.

The renovated home features an open floor plan, a playroom, screening room, and the detached two-car garage was converted to a recording studio by the previous owner.

The backyard has a pool, raised fire pit seating area, covered dining space with a full outdoor kitchen, and a pool bath/shower area.

Asking price: $6,495,000

Call for a private showing 818-445-7953.

Have a look inside the smallest home sold this week in LA! #tinyhome

Here is the smallest home sold this week in LA!

This home has 2 bed/1 bath and 468 sq. ft. of living space.

Asking price: $459,900

Selling price: $485,000

Here is your chance to own a Spanish Mission-inspired home in West Hills!

This Spanish Mission-inspired home is the most unique property for sale in West Hills.

The home has 6 bed/5 bath, 6,888 sq. ft. of living space, and is on 6.7 acres.

It's considered a LA Cultural Historic Monument, on 4 parcels of land, and is home to a couple of cows.

Asking price: $10,350,000

Call for a private showing 818-445-7953.

The record-setting POWERBALL winner is spending his prize money already!

Would you live in LA if you won the lottery?

A $2 Billion Powerball winner just bought this Hollywood Hills mansion.

Asking price: $29,950,000

Selling price: $25,500,000

This Modern estate has 5 bed/7 bath,13,578 sq. ft. of living space, and is on a 25,077 sq. ft. lot.

The home features indoor/outdoor living, a game room, wine cellar, movie theater, bar, and fitness studio with a hot and cold plunge, dry sauna, and steam shower.

The backyard has an infinity pool, spa, two fire pits, and a built-in barbecue area.

Home sellers are now seeing 5, 12, even 20 offers

Last year around this time it was not unusual to see 30 offers for one property. That is not an exaggeration. Then interest rates went up and buyers got scared. In the 4th quarter of 2022, a home on the market was lucky to get 1 offer.

Today, buyers have accepted the higher rates and are actively looking to buy.

I can now report that homes that are priced at market value and are in a decent location are seeing multiple offers again. I have first-hand knowledge of homes in and around the San Fernando Valley that are getting 5, 12, or even 20 offers.

The homes that are overpriced or in a bad location are sitting on the market. Some will point to those homes and say the market is tanking. If you believe the market is tanking then you are not in the real estate trenches.

Looking for a cheap condo in DTLA? Well, look no further!

The cheapest condo for sale this week in DTLA.

This condo has 0 bed/1 bath and 460 sq. ft. of living space.

The 2nd-floor unit features open-concept living, exposed brick, an in-unit washer/dryer, and a soaking tub in bathroom.

The Historic Rowan Building features 24-hour security with a full concierge, 2 community BBQs, and hot/cold plunge pools.

Asking price: $388,000

Call for a private showing 818-445-7953.

Mr. X to the Z, Xzibit is selling his LA home amid nasty divorce!

Mr. X to the Z, Xzibit is selling his LA home amid nasty divorce!

Asking price: $3,850,000

This Westcliff Community home has 5 bed/6 bath, 5,710 sq. ft. of living space, and is on a 10,940 sq. ft. lot.

The home features a family room with a fireplace, an open chef’s kitchen with a separate prep kitchen, state-of-the-art sound, and security systems, and smart home automation.

Outside is a pool with a swim-up bar, a hot tub with a fire pit, dining areas, flatscreens, and outdoor kitchens.

Did you know this property is on the site of an infamous 1969 crime? Watch video!

The current owner is the creator of “Full House” Jeff Franklin; he bought it in 2000 for $6.37M and hired architect Richard Landry to build out the estate.

Original asking price: $85,000,000

Current asking price: $59,995,000

This Spanish Andalusian-style estate has 9 bed/18 bath, 21,000 sq. ft. of living space, and is on a 3.6-acre lot.

The property features a detached guest house, movie theatre, spa, gym, hair salon, billiards room, and bar. There are 5 aquariums and jetliner views,

Call me for a private tour at 818-445-7953.

This is the LARGEST home for sale this week in Holmby Hills!

This is the largest home for sale this week in Holmby Hills.

This modernist architecture home has a total of 10 bed/13 bath, 21,000 sq. ft. of living space, and is on almost 2 acres.

The grounds include a main house, a guest house, a 15-meter swimming pool, and a full-sized tennis court.

The home features an Art Deco Hollywood-inspired bar, a 1920s French regency-style cinema, a tranquil study, a children's playroom, a spa, and a fitness studio gymnasium.

Asking price: $85,000,000

Call for private showing 818-445-7953.

Southern California home sales fall to all-time low

This data shows why we are seeing multiple offers on properties again... there are still not enough homes for sale!

Closed sales this past January fell to 9,938, the lowest number of transactions in records dating back 35 years, real estate data firm CoreLogic reported Tuesday, Feb. 28.

An average January has about 17,000 closings.

We need more homes to hit the market to meet buyer demand!

This Sierra Madre Mid-Century house sold for $325K over asking! ALL CASH!

Cheapest home sold this week in Sierra Madre.

Asking price: $700,000

Selling price: $1,025,000 ($325,000 over asking - all cash)

This major fixer has 3 bed/2 bath, 2,170 sq. ft. of living space, and is on an 8,044 sq. ft. lot.

The Mid-Century home features an open floor plan with a large living room, dining area, and kitchen.

The home needs extensive repairs to the main systems - plumbing, septic, heating, electrical, and roofing.

One of Singapore's richest business man buys lavish Hollywood Hills Chateau!

Singapore billionaire buys decadent Hollywood Hills Chateau.

Asking price: $14,995,000

Selling price: $13,457,000

This home has 7 bed/8 bath, 8,609 sq. ft. of living space, and is on a 19,814 sq. ft. lot.

The Chateau des Anges is a neoclassical French chateau-esque, and it features a palatial ballroom, a “meditation room,” a gym, and two massive basements, one of which has been converted into a high-tech panic room.

The grounds have multiple patios, and a pool with a golden figure, La Reine des Étoiles (The Queen of the Stars), the “guardian and ambassador of a life well lived."

This unique property is for sale in the Hollywood Hills! Check out its INTERESTING history!

Here is the most unique home for sale in the Hollywood Hills.

This Spanish Style home has 9 bed/6 bath, 10,513 sq. ft. of living space, and is on a 3-acre lot.

Castillo del Lago was designed by John DeLario in 1926.

Asking price: $21,000,000

Call me for more info at 818-445-7953.

Mark Wahlberg's Beverly Hills Estate FINALLY sells for...

Mark Wahlberg has finally sold his Beverly Hills Estate.

Original asking price: $87,500,000

Last asking price: $79,500,000

Selling price: $55,000,000

This massive estate has 12 bed/20 bath, 30,500 sq. ft. of living space, and is on 6.2 acres.

The grounds include manicured gardens, a 5-hole golf course, a tennis court, a resort-like grotto pool, a skate park, and a guest house.

LA home prices have decreased 7.6% from their 2022 peak prices

Researchers at Black Knight Inc, a technology company that analyzes mortgage lending data across the United States, found that home prices in six California cities have decreased from their 2022 peak prices.

Those cities were: San Francisco, San Jose, Sacramento, San Diego, Los Angeles, and Riverside.

This is where home prices have fallen the most in the US:

1. San Francisco: 13% price decrease

2. San Jose: -12.7% price decrease

3. Seattle, Washington: 11.3% price decrease

4. Phoenix, Arizona: 10.5% price decrease

5. Austin, Texas: 9.7% price decrease

6. Las Vegas, Nevada: 9.3% price decrease

7. Sacramento: 9.3% price decrease

8. San Diego: 8.6% price decrease

9. Los Angeles: 7.6% price decrease

10. Salt Lake City, Utah: 6.9% price decrease

11. Denver, Colorado: 6.9% price decrease

12. Riverside: 6.8% price decrease

13. Raleigh, North Carolina: 6.3% price decrease

14. Portland, Oregon: 6.1% price decrease