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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 :
HGtv's House Hunters RenovationI shot an episode of House Hunters Renovation last week with some clients who recently purchased. It was really fun -- the ...
5703 Troost, North Hollywood is sold and I get taught a lesson5703 Troost in North Hollywood, listed in September for $495,000, sold this week for $512,000. It had been in escrow for $5 ...
4604 Norwich, Sherman Oaks - heaviest activity that I've seen in a long, long timeShowings begin for my new listing at 4604 Norwich, Sherman Oaks today. It's by-appointment-only as it's tenant-occupied.&nb ...
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 ...
But you already know this: LA Times says home sales in Los Angeles are upIn case you didn't read the Los Angeles Times today, here's an article talking about how home sales and home prices have signific ...