Time for the weekly numbers from West Los Angeles Real Estate Group, located in Brentwood on the west side of Los Angeles. I go over these numbers with my clients to see what is happening with inventory. As we all know inventory will effect the sales price and fine tuning these numbers for my clients specific neighborhoods help my clients in determining the direction of the market.
I keep a running total for 4 weeks so we can see if there is a trend building. I break out not only the neighborhoods they are interested in but house and lot sizes. By looking at how many actives there were on the market in there specific search 4 weeks ago and what is on the market today we can see inventory is flat, rising or getting smaller.
West LA Real Estate Group is committed in getting the information to our clients so they can make informed decisions on their real estate transactions/
Please call me at 310.505.5571 or email bob_schmalz@wlaregroup.com if you have any questions for the Real Estate experts on the West Side of LA , West LA Real Estate Group.
By Bob
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Tagged bank foreclosure, brentwood home for sale, brentwood real estate, brentwood realestate, Foreclosure, foreclosure listings, Foreclosures, Los Angeles Foreclosures, Pacific Palisades Houses, Pacific Palisades Real Estate, pacific palisades realestate, realestate, Santa Monica Houses For Sale, Santa Monica Real Estate, santa monica realestate
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I am starting to see the same Brentwood Houses for Sale week after week with a slow fall out. This would indicate finally that the inventory is getting lower which will lead to higher price and bring that pendulum that was so far on the buyers side perhaps back to the middle.
West Los Angeles Real Estate Group specializes in Brentwood Condos and houses both in selling and buying. If the Brentwood market does go back towards the middle it will be healthier for the economy in general and in the long arm of economics be helpful for buyers.
If you are a buyer looking for Brentwood Houses for Sale it is not too late to get aboard the buyers gravy train. Interest rates are at historic lows of 4 1/2% for 30 year fixed loans and with prices just turning the corner you can still buy near the bottom. Sellers start sweeping out that closet and clean out the garage it is time to get back in the game.
Brentwood Houses for Sale is exactly the same for buyers and sellers, buy it on sale or sell it at a good market price. Contact me for more information. Bob Schmalz 310.505.5571 or email bob_schmalz@wlaregroup.com
By Bob
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As you all know by now I live in the Crestwood Hills section of Brentwood, my son goes to school here and both my wife and I are members of the local Chambers of Commerce. I have seen first hand the effect the economy has has had on Brentwood Houses For Sale. Luckily it is a very strong and vibrant socio-economic community and although we have been effected in the down turn in the housing market we have not had the amount of distressed homes other communities have that would depress the prices further.
Recently I have seen an uptick in the market. There have been more open houses on the weekend, multiple offers are taking place on many houses and inventory seems to be going down. Although the economy by itself is still struggling I think the depressed market of Real Estate has bottomed and is beginning to rise in our Brentwood Real Estate Market.
Having said all that although the Brentwood Houses For Sale is getting Stronger the condo market is still very soft. Couple this with interest rates -at 4.5% it is a great buyers market for First time buyers and down sizing families.
I have many reports I can share with you and market conditions to show you so if you a looking for Brentwood Houses For Sale or Condos, please call at 310.505.5571 or of course email bob_Schmalz@wlaregroup.com
By Bob
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SOLD ***SOLD***SOLD
5 BEDROOMS / 4 BATHS/ 3700 SQ FT HOME ON A 12,800 SQ FT LOT
ONLY ON THE MARKET 2 WEEKS
VERY RARE BANK OWNED PROPERTY IN PRIME BRENTWOOD AREA
LIST PRICE $1,699,000
Beautiful two story contemporary pool home in prime Brentwood neighborhood* Ocean, city and mountains views from the hills above Mandeville Canyon* Kitchen opening to covered brick patio that leads to large grassy area* Spacious den off living room * Pool & spa* Hardwood floors throughout* Incredible interior square footage* Hard to find a special home like this one* This home is a winner*
QUESTIONS ABOUT SHORT SALES??? - SEE MY SECTION ON SHORT SALES
Please call 310.505.5571 or email bob_schmalz@wlaregroup.com to get the complete listing or to set up a meeting to see property.
Active 11.27.10 10- 568094
By Bob
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