The Following Article is from the Spring 2012 Newsletter In the old days, people used real estate agents to find them a house. Today, they use the Internet. Gone are the days of driving prospective buyers from house to house, often looking at dozens of homes, to find a suitable location and style of home to fit a buyer’s taste and budget. An agent’s… Continue Reading Local Agents Know Best
The Following Article is from the Sping 2011 Newsletter It is a very complicated, often times confusing answer. It depends on whether you are looking at the macro view, the whole country or an entire state, or whether you are looking at the micro view which looks at individual neighborhoods. It is very confusing because we read in the news statistics about the state… Continue Reading WHAT IS GOING ON IN THE REAL ESTATE MARKET?
The Following Article is from the Winter 2010 Newsletter What will 2010 look like in the Westside real estate market? Many of the real estate professionals, with whom I speak have said they believe 2010 will be much like 2009. I don’t agree. Even though we seem to be in a similar paced market, the variables which affect the market have changed and in… Continue Reading The New Year
The Following Article is from the Summer 2010 Newsletter We have entered a new era of real estate. We have a new world economy, new banking guidelines, potentially new tax ramification for homeownership, new expectations from buyers and sellers alike, new communication and marketing technologies and a new breed of real estate agent. When you mix it all together what effect is it having… Continue Reading The New Market
Although I do not have a crystal ball, there are some very compelling signs that our market is on the road to recovery. In our micro, Santa Monica Westside market, it seems that we are currently at the bottom and looking up. Inventory is extremely low, well priced homes are likely to elicit multiple offers, and we have seen builders edge back into the… Continue Reading Signs of Recovery in the Real Estate Market
A new year has begun and it’s time for a review of the real estate market in Santa Monica as it performed at the end of 2010 and in January of this year. Inventory is way down. The market is setting itself up for a busy year with interest rates still low, and prices are stable because of such little selection. Buyers all flock… Continue Reading Santa Monica Real Estate: January Market Update