OPEN HOUSE SAT 1-4pm Oak Park Beauty! $409,995

Beautiful Shadow Ridge 2 bd/2bth END UNIT condo in desirable Oak Park on ground floor with easy access. Upgraded with gorgeous wood floors, granite counter tops, and bathroom tile floors. Master bedroom has large walk-in closet with a patio and laundry room with storage off the patio. Across from Medea Creek Middle School and minutes from Oak Park High School this unit is surrounded by beautiful rolling hills with hiking and mountain biking trails. Shadow Ridge offers wonderful resort-like amenities including 2 pools with spa, tennis, racquetball, volleyball, clubhouse, meeting room and more. Close to hiking trails and fabulous parks, including a really nice dog park at Oak Canyon Park. HOA includes cable and trash. FHA approved complex!

697 Sutton Crest Trail #201, Oak Park

OPEN HOUSE SAT 4/1 1-4pm

Suzan Kozman 818-388-5411

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Just Listed! Lake Balboa Beauty-$599k

This stunning Lake Balboa home features 3 bedrooms and 2 bathrooms with 1350 sqft. Inviting curb appeal, new front windows shutters, manicured front lawn and landscaping, this home is ready for the new homeowner. You’ll fall in love with this stunningly updated home, new and improved open floor plan, classic interior that will accommodate any buyer’s life style, from cozy and relaxed to formal living. Property features beautiful open living spaces that connect to rooms that feel intimate and inviting, soft color palettes, smooth ceilings, recessed lights, crown moldings. bamboo flooring in main areas and master bedroom. A new gourmet style kitchen with granite counter tops, skylite, dishwasher, cooking range, stainless steel hood, island with ample storage, opens to the living room and dining area. Large double pane windows maximize the natural light throughout. The home offers a covered patio and grassy back yard. Master suite wing has framed ceiling, is accentuated by three architectural windows, dual closets. Smartly redesigned master bathroom offers two vanities, wainscoting, subway style tiles surround the bathtub. Two separate bedrooms share a full bath, fully updated. Every space has been created with clean lines exuding serenity and simplicity, this home is great for everyday living and entertaining. This is San Fernando Valley living at it’s best — A MUST SEE!

Call me at 818-388-5411 or send me an email at suzan@suzankozman.com for more information!

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Coming Soon! Prime Studio City Condo With Views

Walking distance to Ventura Blvd! This upstairs unit offers 2 bedrooms and 1.5 bathrooms on a 1351 sqft layout. As soon as you open the front door, you will encounter a large entry and spacious living room with natural light surrounding the entire area. You will also experience amazing views from both 1st and 2nd floor balconies to enjoy the city surroundings day or night. This unit has hardwood floors, a fireplace, stained glass window, private laundry in unit, and a unique double entry (one on the 1st and 2nd floor). There is an elevator in building and secure 2 car parking. This unit also has a newer HVAC system. Walk everywhere and experience the best restaurants and shops that Ventura Blvd has to offer. It’s RARE to find a unit like this in this market with a targeted list price at $569K. Furthermore, the association has very low dues compared to similar properties. If you’re looking for a condo in the San Fernando Valley, you must see this.

Call me at 818-388-5411 or send me an email at suzan@suzankozman.com for more information!

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Retro Single Story Tarzana View Home Open Sunday – 4560 Ellenita Ave – Listed at $1,059,000


Come See Me Sunday March 5th from 1-4pm at:
4560 Ellenita Ave Tarzana, CA 91356

This south-of-the-boulevard, 3-bedroom + 2 1/2 bath mid-century modern style home is a wonderful open canvas ready to be made your very own. Located in a prestigious Tarzana neighborhood, it still retains its super cool, 1960s original look. The view, overlooking the lights of the San Fernando Valley, is absolutely fabulous at night. The home features a large, open kitchen with breakfast nook and a fully functioning indoor BBQ grill. The step-down living room has a gas log fireplace. The home’s large family room has a 2nd wood burning fireplace and a sliding glass door leading out to the backyard pool area. The step-down master bedroom also has SFV views, a walk-in closet and a very retro step down tile shower. The hall/guest bath has double sinks and a separate shower and bathtub. The 1/2 bath has a exterior door leading to the outdoor pool area. The home also features an extra wide hallway and large indoor laundry room with storage. Last but not least, the very best feature of this home is its South of the Blvd location and its wonderful views. All this home needs is a buyer that has the vision to turn it into something truly special. This home is listed at $1,059,000 and additional pictures are available at the link below. Feel free to call me at 818-388-5411

Source: 4560 Ellenita Ave, Tarzana, CA 91356 | MLS# SR17040166

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Is the California Real Estate Market Peaking?

Los Angeles real estate

Some experts are predicting that the California Real Estate market is getting soft. Based on some recent data, there could be some truth to this notion. While the Southern California region is strong, there were decreases in sales for the San Francisco Bay Area and Central Valley. With low inventory and rising prices, affordability still remains a concern which is likely slowing down sales.

Important items to note:

Based on signed contracts, statewide pending home sales decreased in January on a seasonally adjusted basis, with the Pending Home Sales Index (PHSI)* slipping 0.2 percent from 107.4 from January 2016 to 107.2 in January 2017. On a monthly basis, California pending home sales were down 9.2 percent from the December index of 118.0.

• For the San Francisco Bay Area as a whole, tight housing supplies and low affordability contributed to a fall in pending sales of 9.7 percent compared to January 2016.

• Pending sales in the Central Valley fell 7.9 percent from January 2016 and were up 2.2 percent from December. Within Central Valley, pending sales were down 14.6 percent in Kern County and 11.8 percent in Sacramento compared with a year ago.

• Only the Southern California region posted a year-over-year improvement in pending sales last month, rising 8.1 percent from January 2016 and increasing 10.5 percent on a monthly basis. Riverside County led the region in pending sales, posting a 16.2 percent increase from a year ago. Los Angeles, Orange, and San Diego counties also posted modest year-over-year increases of 7.1 percent, 8.0, and 4.0 percent, respectively. San Bernardino County was the only area within Southern California that saw pending sales lower on an annual basis by 2.8 percent.

It’s important to keep these numbers in perspective as experts indicate that the economic fundamentals of California remain strong. 2017 is still likely to be a good year for California Real Estate, but, the pace of growth could be more gradual.For further specifics, please contact me and I would be happy to speak with you about your specific situation.

California pending home sales dip slightly in January. Southern California market continues to outshine other regions.

Source: January pending home sales and Market Pulse Survey

Essential Facts That First-Time Buyers Don’t Know About Mortgages

I routinely speak with first time buyers about the challenges with obtaining a mortgage and it’s very true that there are a lot of misconceptions out there. A perfect credit score and 20% down is not a pre-requisite to obtaining a loan and there are programs available to assist first time buyers. The link in the article below is worth reading as it explains some of these misconceptions. The best place to start is speaking with a knowledgeable lender that will assess your current situation and help you identify your options. If you don’t have a lender, ask your real estate agent since most experienced and respected agents have lenders that they routinely work with. I work with lenders almost every day, but, there are only a select handful that I know and trust which I would be happy to refer to you. I serve most of southern California including the San Fernando Valley, Conejo Valley, and West LA. Contact me for more information! suzan@suzankozman.com

When it comes to what might be the biggest purchase of your life, it’s nice to know real facts. A lot of mortgage “facts” are not what people think.

Source: Essential Facts That First-Time Buyers Don’t Know About Mortgages a>

San Fernando Valley Condo Price Highest Since 2007

Home and condominium sales throughout the San Fernando Valley got off to a solid start during January even as inventory continued to shrink and the median price of condominiums hit its highest level since 2007. The 377 single-family homes that closed escrow last month added up to the highest total for the month since 2013, rising 11.9 percent over a year. Similarly, 136 condominiums changed owners during January, up 15.3 percent from January 2016.

The total also was the highest for the month since January 2013.The condominium median price in January hit the $400,000 benchmark for the first time since February 2007. It has been on a relentless upward drive with January’s condo median 10.3 percent higher than a year ago and up 5.3 percent from December. The median was 3.6 percent below the record high of $415,000 established in 2006. “Rising prices are wonderful for sellers,” said Nancy Starczyk, president of the Southland Regional Association of Realtors. “But higher prices make it tougher on buyers and a growing number of buyers really need help.”

The median price of single-family homes that closed escrow during January was $605,000, up 6.2 percent over a year ago and 5.2 percent higher than the December median and 7.6 percent below the record-high median of $655,000 set in June 2007. Tim Johnson, the Association’s chief executive officer, said the lack of property for sale combined with plentiful buyers fuels higher prices. A total of 1,139 active listings were reported at the end of January. “It’s difficult to believe that 7,000 active listings per month were common last decade,” Johnson said, “and that back in the 1990s there were months when more than 14,000 properties were for sale during any given month.”

If you’re interested in previewing a home and/or would like to know what your current home is worth, please contact me! You can use the contact form on this page or email me at suzan@suzankozman.com

Source: SRAR Realtor Report February/March 2017

Top Home Improvement Projects

Are you thinking about a home improvement project to boost the value of your home? If so, you may want to consider those projects that provide the highest ROI. At the same time, there are other factors to consider depending on your specific situation. Some questions to ask yourself are 1) Am I doing this project for resale only? 2) Will this project differentiate my home from others in my neighborhood? 3) Will the time it takes to complete the project align with when I plan to sell? 4) Is this project addressing one of the most “outdated” areas of my home?

Some Guidance:

Clearly, there are additional questions and a number of factors that need to be considered before making a substantial investment. Either way, it’s a good idea to contact your local realtor to get informed about the market in your area and have an independent opinion about your project. I have been helping my clients with these decisions for many years and would be happy to help you as well. I serve the San Fernando Valley, Conejo Valley, and West Los Angeles.

Valley housing market off to solid start in 2017

As we suspected, the real estate market continues to be strong across Los Angeles County including the San Fernando Valley. One of the major reasons is the lack of inventory on the market. If you’re thinking about selling, you might be surprised to know how much it’s worth. Feel free to ask me for a free market valuation report on your home today!

Source: Valley housing market off to solid start in 2017