HAPPY HOLIDAYS & SUCCESSFUL NEW YEAR!!! More homes were trading hands, with last month's sales total 65% higher than a year ago. But DataQuick President John Walsh noted that the figures were recorded "before the dramatic worsening of the nation's economic crisis in recent weeks. "The median Southern California home sale price was $308,500 in September, down 7% from August and 33% from a year ago, according to real estate research firm MDA DataQuick.
The Federal Reserve cut a key short-term interest rate by a half-percentage point. The rate cut put the central bank's federal funds rate at 1%. That matched the lowest level ever for this overnight bank lending rate. The last time it was at 1% was from June 2003 to June 2004.
This was the ninth time the central bank has lowered rates since Sept 2007 in an effort to deal today's troubled economy and credit markets. The decision to lower rates was unanimous. Call your trusted Realtor - Dessi Held, today 805-796-7792
ZIP Code: 91301 Location Characteristics: AGOURA HILLS: Is located on the western edge of Los Angeles County in the foothills of Santa Monica Mountains. Agoura Hills, is just forty-five minutes away from busy downtown Los Angeles, but is nevertheless rich with beautiful hills and inspiring canyons. Old Agoura is known for its custom homes on large lots with horse property and many beautiful tree-lined streets. If horse property is not what your looking for, not to worry, because Agoura has something for everyone, from Condos and Town homes to beautiful tract homes in wonderful developments as well as custom homes. Agoura residents take pride in the small town feel of its community yet upscale atmosphere
About Dessi Held:
I am dedicated to put my energy and experience to work, to help families realize their greatest dreams. I 'am committed to full service from start to final close of escrow. Helping first time buyers, investors and families relocating to the area. When you want to make the most of your next move, call Dessi today and get results in weeks! Speaking fluently Bulgarian & Russian language
805.796.7792 visit my web site at: www.DHeld.com
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
