Encino, CA

If simple elegance is what you seek, then you will want to see this light filled home that evokes the beauty, serenity and style of a villa in the south of France. This spectacular 3- bedroom, 2 bathroom designer's home features hardwood floors, a recently remodeled chef's kitchen and a splendiferous al fresco deck with amazing views of the valley.

From the brick walk way that graciously welcomes you to the lush lavender and rose scented garden, this home speaks of casual elegance. Top of the line kitchen appliances include Viking, Thermador and Miele as well as a 42" French door refrigerator/freezer. The open floor plan allows you to enjoy the cast stone fireplace in the living room and then stroll through French doors to the deck to enjoy cool breezes and inspiring sunsets. The master suite boasts a fireplace and a cedar-lined walk in closet. The bathrooms sport Jerusalem stone and frameless shower doors.

This home features many recent upgrades including a new lightweight tile roof and dual zone HVAC. Additionally there are energy saving solar voltaic panels, reducing utility costs and greening the entire home. If you would like to view this unique home please give me a call, or to view additional photos visit www.RandDrive.com. There will also be an open house on Sunday, February 14 from 1 pm to 4 pm. I am Carol Wolfe and Nobody Does it Better!

This link is to an Los Angeles Times article featuring Syd Leibovitch the owner of my company, Rodeo Realty.

Preserving independence helps real estate firm grow - latimes.com

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Encino Appliance Repair Man Comments on Reduced Appliance Warranties

Major appliance manufacturers have cut warranties from 2-3 years down to only 1 year

Encino, CA – Appliance repair technicians in Encino, CA have noticed consumers’ concerns about shrinking appliance warranties. In November of 2005 shorter warranties went into effect for many large appliance manufacturers including Whirlpool, Roper, Estate and Inglis brands. Other manufacturers followed suit in January, 2006, including General Electric, Hotpoint, Americana, Maytag, Amana, Magic Chef, Admiral, Frigidaire, White Westinghouse, Tappan, Gibson and Kelvinator.

Higher end brands like KitchenAid, Jen-Air and Elctrolux still offer longer warranties on some appliances and parts. Viking offers a one-year warranty, but doubles I if a Viking-certified installer does the work according to Consumer Reports.

Major appliance manufacturers are reviewing the data from their pricier competitors and they believe that shorter warranties may stimulate business for their GE appliance repair and Whirlpool appliance repair. It might even put the Maytag appliance repair man back to work.

Typical appliance warranties cover parts and service for one year from the date of purchase. After that, the consumer must pay. Before the warranties were reduced, expensive parts like refrigerator compressors and dishwasher tubs were covered for 5 to 10 years. Now consumers will have to by an extended warranty package to get longer coverage. The cost is about $100 – 200 for three years.

Arthur Ashkinazi, manager of Active Appliances in Los Angeles said, “Some manufacturers claim that the consumer benefits form the simpler, easier to understand warranty terms; however, the fact is they are getting less coverage for the same price.”

Active Appliances, LLC has been awarded for outstanding warranty performance since 1998. Their appliance repair technicians are certified and approved by the California league of Homeowners in many categories including small appliance repair, washer and dryer repair, gas appliance repair, stove repair and more. They are qualified to repair appliances made by all manufacturers including GE, Whirlpool, Maytag and Frigidaire to name a few. Visit http://www.activeappliance.com to learn more.

Contact:

Arthur Ashkinazi (Encino Appliance Repair Guy)
6736 Van Nuys Blvd.
Van Nuys, CA 91405
818-778-1999
Arthur@activeac.com

Encino Real Estate & Encino Homes for Sale

There is currently 80 Encino single family homes for sale and 30 condos for sale in Encino, CA.  Out of these homes 7 are labeled bank owned homes and 22 are short sale homes.

Encino is located between Sherman Oaks and Tarzana here in the San Fernando Valley.  Encino is considered an upscall community with million dollar luxury home in Encino.  In fact, according to Homes.LA, there are 59 properties priced above $950,000.

As of January 5, 2010, the most expensive home for sale in Encino is priced at $6,295,000.  The lowest priced home is $325,000.  Condos start from $150,000.

The market activity for Encino, CA remains very strong for homes priced up to $600,000.  You can expect multiple-offers on these homes.  The number of bank owned homes for sale in Encino has fallen considerably from the second quarter of 2009.

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Source: Homes.LA & Terradatum

Here is the most recent market update for the San Fernando Valley Real estate:

Home sales fell compared to the prior year for the first time in 16 months during October throughout the San Fernando Valley due to an extremely tight inventory that has triggered dozens of offers on virtually every property listed for sale under $500,000, the Southland Regional Association of Realtors® reported.

The exceptional demand from buyers eager to take advantage of a federal tax credit and the most favorable resale prices in years pushed home and condo prices higher.

"There is widespread interest in buying a home with dozens of competing bids coming in on virtually every property listed under $500,000 and a few examples of properties receiving 50 to even 100 offers," said Ana Maria Colon, president of the Southland Regional Association of Realtors®.

"It's preposterous and difficult to believe," she said, "yet multiple offers and this intense competition also illustrate the underlying faith consumers have in the economy along with their deep desire to own a home."

Unfortunately, Colon said, because there are so few properties listed for sale traditional buyers - even those coming in with a 50 percent down payment, a job and high credit scores - often lose to all-cash buyers, many of whom are investors.

There were a mere 2,858 properties listed for sale throughout the San Fernando Valley at the end of October, a number that was down 51.7 percent from a year ago.

"At the current rate of sales, the inventory represents a mere 3.2-month supply," said Jim Link, the Association's chief executive officer, noting that a "balanced market" appears when there is a 5- to 6-month supply. A year ago the inventory represented a 6.0-month supply.

"Realtors® would be completing many more sales if the inventory was higher," Link said. "We expect the market to remain very busy well into next year, particularly now that the $8,000 federal tax credit for first-time buyers has been extended through April and existing home owners who trade up or down are also eligible for a $6,000 tax credit."

Source: Southland Regional Association of Realtors