Ventura Blvd January/February 2022

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REAL ESTATE

GINA MICHELLE & GEORGE OUZOUNIAN Estates Directors, The Agency

G

eorge Ouzounian and Gina Michelle specialize in the Los Angeles luxury market, with a focus on Sherman Oaks, Encino, Calabasas and Hidden Hills. Their team has achieved almost $1 billion in sales. Both Gina and George have been recognized among the top 1% of real estate agents nationwide. George has been named Los Angeles Business Journal’s Most Dynamic Broker and added to Los Angeles Magazine’s Top 100 Most Influential Real Estate Agents in Southern California. Gina has been named one of Los Angeles Magazine’s 2021 Real Estate All-Stars, one of the Top 100 Most Influential Real Estate Agents in Southern California and a Nationwide 2021 Leading Lady in Real Estate. WHAT GIVES YOU THE EDGE IN YOUR PRIMARY AREA? “One key aspect of our team is our unparalleled understanding of the San Fernando

Valley neighborhoods that we serve. We live here, we love it here and we know it here. Collectively we possess more than 30 years of local knowledge that, paired with our deep-rooted industry expertise, makes us powerhouse advisors and negotiators. Together we bring a reputation for integrity, transparency and intelligence to The Agency.” WHAT IS YOUR TEAM KNOWN FOR? “We are known for our top-of-the-line service, experience, integrity, transparency, leadership and drive. This has resulted in one of the most competitive real estate teams in our area, having closed 2021 with $230+ million in sales and escrows alone. We know without question that our success is a result of dedication and drive, combined with experience, tenacity and determination to service our clients at the highest possible level. Collaboration is our single most reliable tool. We rely heavily on

each other and our team members to reach our every goal. And as proven throughout the pandemic, our attitude drives us to find success during difficult times or situations.” WHAT ARE YOUR THOUGHTS ON THE 2022 REAL ESTATE MARKET? “We expect a very strong housing market in 2022, which may become a bit more balanced with more opportunities for buyers. We do anticipate interest rates to increase, but they will remain in a historically low position and continue to fuel buying activity. Inventory is expected to remain relatively low, especially in Los Angeles where space limitations and lack of enough new construction create a strong sellers’ market. Rising rents, which are projected to increase up to 7.1%, will be a strong motivator for many first-time homebuyers. On the whole, we expect the housing market to remain strong and competitive.”

23622 CALABASAS ROAD, SUITE 148, CALABASAS | 818-850-1458 12080 VENTURA PLACE #D, STUDIO CITY | 818-900-4259 THEAGENCYRE.COM | DRE #01503003, 01948763 SPECIAL ADVERTISING SECTION

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