With a whopping 75.4 million millennials, said to want to buy homes, one would think that their pent-up demand would sustain the market for a decade or more. Did you know that millennials are now the largest generation of all-time. You would not notice this on the Westside but the economic recovery from the last recession has only slowly been rising nationally. For a… Continue Reading Dirt on Millennials
Several exciting new North of Montana Avenue sales indicate that much of real estate market losses of 2007 – 2011 seem to have been erased. Low inventory, pent-up demand, record low interest rates and several $5M+ have had made this a very good time for Sellers. All price points from tear-downs to new construction are getting multiple offers. Here is your real estate news:… Continue Reading Santa Monica Dirt: Who is the Market Favoring, Buyers or Sellers?
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