LosAngeles-Real-Estate-report_3-10-14
Week-over-week, we saw a nice jump in new listings from 28 to 46. There was a slight increase in total inventory, but those numbers are still staying quite low.
March 10, 2014
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How far are you willing to go to sell your property? How far are buyers willing to go?
One Mount Washington property is testing those limits. In the private remarks, the instructions for viewing this for-sale property call out a few things, from the not-so-unusual "drive-by only," to the "do not disturb occupants." But here's the kicker: you can't even stop your car. If you disturb the occupants, you "do so at your own risk."
The property is also a cash-only sale, and since it is being sold as-is there are no inspections and contingencies. No photos and site unseen, would you buy?
LosAngeles-Real-Estate-report_3-3-14
In the last few days the number of sold properties skyrocketed in the Northeast Los Angeles area, from 17 to 41 to be exact. There are fewer new listings posted, and as a result overall inventory available is down. With February over and done with, and the Spring season coming up, we may see more activity in line with seasonal trends.
March 3, 2014
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LosAngeles-Real-Estate-report_2-24-14
Looking at our total inventory levels over the past couple of months, we're at about the same as holiday levels. There are also fewer back-on-market properties, as well as fewer pending sales. But it's still a little early in the year, and we'll be keeping an eye on things as Spring comes around.
February 24, 2014
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LosAngeles-Real-Estate-report_2-17-14
We're starting to see inventory trending upwards, which is great for buyers. This is also why new listings are on the rise, plus this week we saw a spike in pending/back up numbers.
February 17, 2014
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LosAngeles-Real-Estate-report_2-10-14
Not much is changing - inventory is staying in the low range (especially compared to October numbers). A few new listings for the area, but that's about it!
February 10, 2014
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Los Angeles Real Estate Report
Week-over-week, new listings have dropped dramatically. As we get settled into the new year we'll keep an eye out on inventory, which, despite a slow climb over the past month, has been pretty low over the past year. Here are the numbers:
February 3, 2014
