SMALL HOUSING SLOW DOWN GOOD OPPORTUNITY FOR BUYERS

Dated: 08/04/2014

Views: 327

Good afternoon,

The housing sales in the neighborhoods that I specialize in namely; Santa Monica, Pacific Palisades, Brentwood, Bel Air and Beverly Hills seems to have slowed down and prices seem to be leveling off and maybe even coming down a little. Is this simply a breather or does it show a trend?
So this article is good for both buyers and sellers. For the sellers it may be an indication that the time to get back into the market and sell the house you have wanted to, but waited for the price to go up more, is at hand. They should take the money and run
For buyers it is all about interest rates, they are back down and as my article in yesterdays blog pointed out jumbo's are pretty close, if not below, the rates of conforming loans. Take the break in sales prices and with inventory picking up look for that home you have put on the back burner waiting for house prices to go down. Watch interest rates not house prices if your monthly payments are a concern 
Enjoy the article  http://goo.gl/xRjxko and have a great day
Bob
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Robert Schmalz - BRE 01813025

DBA "West Los Angeles Real Estate Group" ....

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