Woodland Hills, CA

Good morning:

I am hosting an open house at 2050 Rhoda Street, Woodland Hills, CA 91367 on Saturday, January 21, 2012 from 1:00 pm to 4:00 pm. This home is located near Pierce College, north of the 101 FW, in a quiet residential area. It has 3 bedrooms, 3 bathrooms, with 2,814 square feet (according to the tax assessor), built in 1961, current list price $449,000. This is a short pay. Come on buy. I will be serving refreshments. The weather forecast for Saturday is rain, so drive carefully. A mapquest map is included below.

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On Saturday, December 17, 2011, I hosted an open house on 21812 Lopez Street, Woodland Hills, California 91364. It was a single family detached residential, 4 bedroom, 3 bathroom home, 1,843 square feet (per tax assessor's data), situated on a hill in a quiet cul-de-sac area, listed at $409,000, a few blocks west of Topanga Canyon Boulevard, MLS number F11155191. I would like to thank the listing agent for allowing me to do the open house.

Although it's the holiday season, buyers are including house hunting in their schedule. After strategically placing my signs on the streets, I decided to stop in at the Starbucks Cafe located at Dumetz and Topanga Canyon Boulevard. It's situated in a small strip mall, with a few mom and pop shops. When I walked in the store, I saw that many folks were sitting, talking, computer surfing, relaxing and sipping their favorite brew. The cafe had a nice community feel to it. I would have stayed, but it was nearing 1:00 pm and I did not want to be late opening up.

As I was driving up the hill towards the cul-de-sac, I noticed two gentlemen getting out of a car at the bottom of the hill. I parked near the home, retrieved my backpack and walked towards the entrance. I pulled out my key and unlocked the door. I turned and saw both men walking towards the home. I yelled towards them and invited them to view the home. They were driving in the neighborhood and saw my signs. One was looking to buy home in that area. Both toured the home and expressed an interest. Although I was opened from 1-4 pm, I had 14 visitors. Buyers know that there is less competition during the holiday season. In addition to mall shopping and event hopping, house hunting is on the list of things-to-do. Holiday house hunting is alive and well in Woodland Hills, California.

Take care and thank you for commenting.

The question that everyone wants to know is: "Will the price of homes in California continue to fall". Well, there's really not a definite answer. Experts and economists will tell you to refer to the real estate cycle, and others will tell you to watch the market, follow politics and don't hold your breath. Many will say that it's going to remain flat in 2012, and others will say that there will be another decline before there's a rebound in the real estate market. The truth of the matter is, even if the price of homes continue to drop, the mortgage interest rates need to stay low in order for you to have manageable mortgage payments. And if you are a distressed homeowner, there are reports that there's a hold on foreclosures and evictions throughout the holidays. Short sales are a way for distressed homeowners to get out of their housing situation, because many people are still unemployed. Unemployment plays a big role in the real estate market. Because, you need to have stable employment or investments to be able to make your mortgage payments. And you also need to be employed to purchase a home. So, I think many people are waiting until 2012 to make a move because they want to see what's going to happen next. But if you are thinking about buying in the near future, and you've had good credit and stable employment for some years, it would be best to take advantage of the lowered prices on homes. For more info about real estate, go to: www.thealexandergroupca.com

People have different reasons for why they rent versus buying a home. One could simply be that their credit is not up to par, and they don't have job stability. Another reason could be that they are simply afraid of buying a home in this economy, or they just don't want that responsibility right now. Whatever the reason is, you should do some research on your own and find out how much money you are saving or losing by renting a home. You may find out that with a down payment, your mortgage could be less expensive than what you are paying for rent. Like some people say, if you are renting, you are simply paying someone elses mortgage. Not to scare anyone, but you have to be careful renting homes these days. Some homeowners that are renting their homes have liens against them or they are in foreclosure. And some homeowners may require a deposit and two months worth of rent just to catch up on their bills. Well, when you do finally purchase a home, say for instance in Woodland Hills, CA, you can rest assure that your realtor or agent has done their homework to make sure that you get your dream home along with a clean title. Not to mention the great programs for first time homebuyers, low interest rates and a good investment if you decide to buy now. So do yourself a favor and find out whether you're saving money or losing money. And when you're ready to make a move, make your next your best move!