Home »
Los Angeles real estate »
low interest rates »
San Fernando Valley real estate »
I predict the short-term future of the local real estate market
I predict the short-term future of the local real estate market
Although I don't have a crystal ball, I think we're in for a strong first and second yearly quarters, as far as San Fernando Valley and Los Angeles real estate goes. Why do I say that? It appears that buyers are coming out of the woodwork. There's a nexus right now between low interest rates and lower-than-in-recent-memory home prices and short inventory. Everything is going into multiple offers. There are lots of cash buyers out there. Plus, I think that potential buyers may just be tired of sitting on their hands and may be feeling a little more confident than they have in the recent past. I wouldn't be surprised to see prices go up before the summer. We'll see...
Artikel Terkait I predict the short-term future of the local real estate market :
Happy New Year! Four months early and not a moment too soonSeptember has always felt like the beginning of a new year to me, no doubt because this is when the new school year starts. ...
Home sale decline numbers - calm down, everybodyI'm sure nobody has missed the latest headlines -- real estate prices are down. And not to put a glossy spin on this, BUT: ...
Home buyers Ryan and Misty discuss their experiencesMy home buyer clients, Ryan and Misty, have been looking for a home in Burbank for some time now. They discuss their experiences ...
San Fernando Valley real estate 2012 year in review - part oneI'm jumping on the end-of-year list bandwagon here. If you real estate news in Studio City, Burbank, Sherman Oaks, Hollywoo ...
LA Times: Housing recovery: are we there yet?Here's some Sunday reading from today's L.A. Times: Alejandro Lazo's survey of five housing experts on what we can expect from th ...