Using Our Home Search Tools
Our home search tools are some of the finest on the market. They offer a variety of tools that allow individuals to cover a particular region of the market just like an agent or broker. (One worthwhile caveat follows: the tool, as with any new platform, does require a little getting used to in order to most efficiently.)
A Couple Features of Our Homes Search System Worth Noting
1. The system we offer not only gives you access to all the different properties listed at the moment in each and every city within the confines of Greater Los Angeles, but it also helps you understand the true market value.
One example can be seen through the tabs below each and every listing that note comparable sold properties within the region.
The value of sold listings is that you see exactly where the market met — where a buyer and seller agreed. Listing prices aren’t always accurate because listing approaches vary from agent to agent. Some agents want to entice a bidding war and price low. Some agents look to sell the home for the exact price the owners ask. There are a number of issues in play.
Looking at the sold prices truly gives the home shopper an edge as he or she conditions a mindset for the true market place. Whether you are looking to buy in Calabasas
, or West Hills
, make sure you spend a little time looking at comparable homes that sold in the given region as of late. It truly can make a world of difference to building a true understanding of what a property search is really going to look like.
Another great feature another great feature that results from looking at sold properties is that, over time, you truly see the trend in pricing in a given region. Many newspapers and media outlets reference housing prices and the direction they go, be it up or down; however, prices are not always as responsive on a regional level. We have not seen the same sort of price bumps in some areas of knowledge that we have seen in others over the last 12 to 24 months.
The reason for this is simple: prices reflect different earnings classes, and different demographics willingness to spend very dramatically. Different demographics respond to different market conditions, and for this reason regional level pricing can vary substantially. Simply looking at the LA Times and seen that prices have risen in greater Los Angeles open last year does not mean currently rising in the city of Canoga Park.
2. The mortgage calculator is a simple tool that can be found on plenty of sites, but what makes ours great is that it actually incorporates the price of the listing you are looking at. It really allows the property shopping experience to move quickly, and allows you to condition yourself for the marketplace.
I am a big believer in figuring out exactly what you can afford before beginning the search. It is imperative that we recondition our thinking to make purchases that speak to the realism of our finances. As a country, we’ve gotten away from that, and the collective decision to live off of debt and risk more than we can afford on the housing front has led to a lot of pain. That pain transfers itself back to the jobs market, and it is through the labor force that we’re truly able to distinguish ourselves in this great country.
One way to keep yourself from making purchases that are outside of your buying power is to simply address the marketplace with an understanding of exactly what you can comfortably purchase. It is imperative that you understand your purchase power and work well within a purchase power when shopping for a property.
What marketers understand is that human beings like to shop with their eyes, and the most alluring properties are not always the most affordable properties. What happens is that we are able to stretch ourselves a little thin due to financial pledge that the banks tolerate. Even though lending practices are still very strict, I continue to see people get themselves in a position that is a little beyond the point of being comfortable financially, and as result that financial stress is eventually translated into their lifestyle — a lifestyle that probably wouldn’t be that different in a house that was a little more affordable.
San Fernando Valley at a Glance
To know “The Valley” is to know a geographical region of the country that offers some the finest mix of outdoor living environs. This area offers its inhabitants access to a metropolitan that ranks among the world’s most dynamic, Los Angeles.
The San Fernando Valley is a region that stands north of the heart of Los Angeles, and is essentially encircled by a mild series of mountains that give the Valley its bowl shape. As with many Valley-like regions throughout the country, the hillside areas are generally the higher priced regions, although this is not absolutely the case, as the heart of the Valley provides a bevy of areas that offer luxurious living environs with lofty prices.
Southern California as a whole has some of the nation’s most expensive real estate, and home prices throughout the Valley certainly are beyond the nation’s average housing price. The area boasts a climate that is arguably some of the best year-round-weather available in the country. Access to skiing, to hiking, to the ocean, to city life, and plenty to do within the confines of the Valley all work in conjunction to make the San Fernando Valley region one of the most sought after environs to live in the country.
With just under two million people in the San Fernando Valley, the SFV offers enough within its geographical limits to please just about any type of individual.
Some Interesting Facts
The San Fernando Valley region predominantly lies within an area known as Greater Los Angeles, yet there are a handful of cities that have incorporated over the years, and these cities are sporadically placed within the confines of the Valley.
Incorporated cities include Burbank, Hidden Hills, Calabasas, as well as a couple others.
The population, according to Wikipedia, currently stands at 1.76 million people. If the Valley were its own city it would be considered one of the nation’s most populated.
The region itself is an area that is over 250 square miles, and is contained by a handful of mountain ranges. The Simi Hills and Santa Susana Mountains are to the north, while the Verdugo Mountains and San Gabriel Mountains divide the San Fernando Valley and the San Gabriel Valley. The Santa Monica Mountains provide much coverage to the west, and it is through these mountains that the ocean can be reached.
Another fun fact about Los Angeles as a whole is that its major river, the Los Angeles river, actually finds its source from the Calabasas and Bell Creek junction.
Major Streets, Boulevards, and Avenues
The Valley has been part of the nation’s collective consciousness ever since the world of the arts and entertainment found a home in the Los Angeles region. Many Valley roads have worked their way into major films, (Magnolia is an example of a recent film), music, and literature. Some of the major streets in the Valley include Ventura Blvd, Sepulveda Blvd., Topanga Blvd., Devonshire Street, Mulholland, Laurel Canyon, etc. With the Valley remaining a cultural focus for the nation, if not the world, the culture and folklore of the region continue to grow and grow.
History of the Region
Native Americans such as the Chumash lived in the area for thousands of years before colonization. Land grants were given as early as 1797, and from that point forward the movement of both Spanish, Mexican, and American settlements began to fill the region.
In the late 1800s the courts offered the city of Los Angeles rights to all underground water below the Valley’s surface, even though this region was not within the city limits (at the time) of Los Angeles. Eventually, this decision led to an annexation of the Valley in order for the citizens of the area to benefit from its water source. The great film Chinatown topically touches on some of the underlying themes that led to the Valley’s annexation.
The Valley is home to one of the finest Cal State Universities in California. CSUN is located in heart of the Valley, in the city of Northridge. This University stands as the Valley’s leading employer; however, historically speaking, defense and aerospace continue to employ thousands in the area. Werner Von Brown, the legendary rocket designer, developed many of his industry shaping designs in the hills of Box Canyon.