2012 & 2013 were very strong years for the local market with major price appreciation. Hedge Funds and foreign investors were buying REOs in bulk, and buying multiple unit and single family residential units for cash, driving up pricing. Over the past few months it has definitely slowed ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles, CA January 27, 2014
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Southland December Home Sales at Six-Year Low; Median Price Jumps per DataQuick
DataQuick News January 14, 2014 La Jolla, CA---Southern California home sales fell to a six-year low for the month of December as investor activity eased again and buyers struggled with a tight inventory of homes for sale. The median price paid for a home jumped to the highest level in nearly six ... » Learn More about Southland December Home Sales at Six-Year Low; Median Price Jumps per DataQuick
Real Estate Market Update San Fernando Valley, Los Angeles, CA December 19, 2013
Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for the California Association of Mortgage Professionals gives an overview of the present real estate market, inventory issues, and statistics for the San Fernando Valley region of Los Angeles California. This is ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles, CA December 19, 2013
6 Things Real Estate Agents Wish You Knew
Good article. It reiterates many points I have to discuss with clients often. I'll elaborate on a few of these points in future blogs. Bankrate.com Dec 9, 2013 Real estate agents see it all. From the unmade beds to the overstuffed garages to the "What were they thinking?" decor. Over the years, ... » Learn More about 6 Things Real Estate Agents Wish You Knew
San Fernando Valley (California) Real Estate Market Update December 2013
The San Fernando Valley real estate market is presently stable, but in transition. The foreign and hedge fund investor buying frenzy has abated, leaving the local standard buyer to do the heavy lifting going forward. The upside, the local buyers can now find properties to purchase without having ... » Learn More about San Fernando Valley (California) Real Estate Market Update December 2013