Artem Tiliev

Craftsman Style Home In Hancock Park - Wilshire Neighborhood of Los Angeles. Welcome to this exquisite Craftsman-style home located in the prestigious Hancock Park neighborhood. This stunning property has undergone a complete renovati...

The charity concert was moved up to September 30th. If you bought tickets already, you should had been informed already.
Join us for an unforgettable night of live performances by talented Armenian artists, all in support of the Society for Orphaned Armenian Relief. Your attendance and generosity will help provide crucial aid and resources to Artsakh and orphaned Armenian children and adults with disabilities.

Come see me at the open house in Hancock Park this weekend. This newly remodeled home just entered the market.

After endless showings and screenings I found great tenants for his perfect family home in Santa Clarita. The landlord is very happy!

On September 2nd join us for an unforgettable night of live performances by talented Armenian artists, all in support of the Society for Orphaned Armenian Relief. Your attendance and generosity will help provide crucial aid and resources to orphaned Armenian children and adults with disabilities. Call or text (916)792-9666 for tickets

A newly renovated 3 beds, 2 baths home in Santa Clarita, CA. One year lease term for $3,850 per month. DM me for showing

Make a donation towards fatherless children in honor of your father! Link to the fundraiser:
https://soar-us.reachapp.co/campaigns/los-angeles-fundraiser

Funds will be used for renovation of the Transitional Center in Gyumri, Armenia.

Closed escrow last Friday! Big thank you to my amazing buyers; Anthony at Inheritance Realty and Alicia at Betty Betts Escrow.

Latest in Los Angeles real estate market:
https://artemtiliev.com/los-angeles-housing-market-update-q1-april-2023/

Los Angeles Housing Market Update, Q1 + April 2023 The first 4 months of 2023 did not bring any relief to the real estate market. The inventory remained limited with only 2 months of supply, even though it improved in April by 11.2% year-over-year. Prices had been climbing this year with a 2.5% increase between March and April as buyers were still

Sold this home about a month ago. Coming back to the market soon as a rental. A perfect family home in Santa Clarita, CA. Stay tuned for more info.

Los Angeles Housing Market and Affordability Index, January 2023 In January, the real estate market remained cautious, but there were some signs of improvement. In Los Angeles, pending sales for single-family homes increased slightly but were 37% lower than last year's numbers. Inventory grew by 24% year-over-year, with almost 12,000 new listings in January. With...

Closed escrow this week! Thank you to the greatest clients anyone can possibly ask for. On to the next one.

California Association of Realtors forecasts the home prices to decline by less then 8.8% in 2023. If you are waiting for a housing crash it's not going to happen.

Los Angeles Housing Market Update, November 2022 It is now apparent that home prices in Los Angeles are falling. If in October a median sale price for a house still registered a 1.3% growth from last year, in November the trend had turned to 0.6% decline. Even though the inventory is staying low and new listings are drastically down, elevated

New Listing:

Charming home in Coastal San Pedro Area!
2741 S Walker Ave, San Pedro, CA 90731
3 Beds • 2 Baths • 1,254 Sq.Ft.
List Price: $749,900

Artem Tiliev • DRE #02159658 • Geffen Real Estate

Newly Listed:
555 West 118th St, Los Angeles, CA 90044
3 Beds • 2 Baths • 1,600 Sq.Ft.
List Price: $599,900

California Bungalow-style home in Metropolitan Southwest. Huge corner lot with plenty of potential!

Artem Tiliev • DRE #02159658 • Geffen Real Estate

Two listings are entering the market this weekend:

555 West 118th St, Los Angeles, CA 90044 • List Price: $599,900

2741 South Walker St, San Pedro, CA 90731 • List Price: $749,900

More info is coming, stay tuned!

Artem Tiliev • DRE #02159658 • Geffen Real Estate

Excluding the 3 month pandemic lockdowns in the Spring of 2020, the housing sales pace in October was the lowest since February of 2008.

Los Angeles real estate market continued to slowdown in October. Closed sales for houses were 38% down from last year with prices retreating by 2.5% from September. Condominiums and Townhouses performed slightly better with median price increasing by 0.2% and pending sales growing by 7% month-to-month.

Year-to-year inventory growth carried on for single family homes with a small pullback from last month. Limited selection and lack of quality listings are the main reasons for the median price to stay elevated. Some properties, particularly on the west side, are still receiving multiple offers and are selling far above asking prices. If you are thinking about selling your home, right now could be an excellent time. Despite a downturn in the general market there is a chance that your property is the next hottest listing in the area. It all depends on the intricacies of the local market, the quality and the location of your home.

Interest rates will keep growing as The Fed plans on 2 more rate hikes in the near future. This will put even more pressure on the housing market. Expect further sales decline and price drops in the less desirable markets.

End of the year is approaching with many sellers under the pressure of selling their homes before the year runs out. If you’ve been keeping an eye on the property that hasn’t changed the status for some time, make a lowball offer, there is nothing to lose.

Duplex Just Listed: Investment opportunity in Compton!
1830 E Bales St, Compton, CA 90221
Listed at $499,900
2 Units • 1,764 sqft • 8,197 sqft Lot Size

Artem Tiliev • DRE #02159658 • Geffen Real Estate

New listing coming up this week at 1830 E Bales St. in Compton.

California Real Estate Update

JUST SOLD: a magical Spanish-style home in the heart of Westwood.

1931 Midvale Ave
Listed at $1,809,000
2 Beds • 2 Baths • 1,595 sqft

Artem Tiliev • DRE #02159658 • Geffen Real Estate

Pending Sale • California Bungalow-style home in prime West Hills neighborhood.

7800 Cowper Ave, West Hills, CA 91304
Listed at $949,900

2 Beds • 2 Bath • 2,053 sqft
Located in the peaceful Country Hills Estates

Artem Tiliev • 02159658 • Geffen Real Estate

Just Sold • Amazing investment opportunity in Mission Hills

11281 Telfair Ave, San Fernando, CA 91340
Listed at $499,900

2 Beds • 1 Bath • 725 sqft
Sits on the spacious lot with great potential

Artem Tiliev • 02159658 • Geffen Real Estate

California Housing Sentiment Index is improving but is far form turning positive.

Original home with great potential in desirable Country Hills Estate community.

Open House 8/20 10am - 1pm

7800 Cowper Ave, West Hills, CA 91304
Listed at $949,900
3 Beds • 2 Baths • 2,053 sqft

Artem Tiliev • DRE #02159658 • Geffen Real Estate

Only 16% of California households can afford a median- priced home.