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Seems like the question on every one's mind these days is what is happening to the housing market and when is “the big crash” coming… I also know everyone you talk to seems to have input on what the current situation is and where we are headed. With so much noise it is hard to determine the reality of the market and where we are today, is it a seller’...
I'm going to keep the theme or my blog posts consist for a little while for you guys. I am going to keep exploring and analyzing the housing market using data and statistic because there seems to be a lot of noise of where we are and where we are headed without actual data attached to it. Every time I talk to anyone who knows I am a real-estate professional or discovers I am lately I g...
If you follow me on social, receive my email blasts or have visited my website before you know I like to keep you updated on the real estate market in different areas by giving you a break down and statistical data for that particular market using mainly the absorption rate. If you don't follow me on social, receive my emails or have never been on my site before...
All you have to do is drive around in Sherman Oaks, CA and you will see that everyone seems to be selling their homes and new development after new development is hitting the market! The seems like every street has at least 2-3 for sale signs hanging on the front lawn, why?! Well with an absorption rate of 49% homeowners are taking advantage of what is still a very healthy seller's...
Growing up in Los Angeles the valley definitely was a debatable subject... people either loved it or hated it! Moves like Clueless gave it a reputation for being less desirable than the "cooler" (pun-intended) locations of LA like Beverly Hills and West Hollywood. Well I think those days are behind us with more and more people flocking to the larger lots, safer cities and be...
Encino CA has always been one of the best neighborhoods to live in California and it just got better! As of today we have 108 active single family residence on market. As of late this perfect blend of urban and suburban city has drawn more and more developers to build projects and there for increased inventory when most other cities are at a scarcity. With the increase in inv...
See to truly get a grasp the climate of the market where it is and where it's going we must break it down to a hyper market level. So today dive in to Glendale CA, 91208. 91208 is still holding strong at a 66% Absorption rate with a health real estate market despite all the speculations of a market crash! As of today 91208 has 6 active single family homes available on market, wh...
