|
Market Conditions for Los Angeles, California
Reported by Bernie Leibovitch
Updated July 4, 2008.
|
Current Market Rating: 2
|
1
|
2
|
3
|
4
|
5
|
Buyer's
|
|
Seller's
|
|
|
|
Current Price Trend: 2
|
1
|
2
|
3
|
4
|
5
|
Falling
|
|
Rising
|
|
|
The current market poses many challenges and many opportunities.
Those who bought homes between 2005 and 2007 have seen an erosion in their equity. The flip side is that those buying now are benefited by lower housing prices and more buying power.
Once the market turns and prices start heading up again, there will be a rush back into the market with multiple offers and stiff competition, making it harder to Buy. Since we're not there yet, current home Buyers are able to purchase homes that were previously unaffordable.
Home Sellers should avoid the common mistakes people make when selling; Stay positive, keep your nerves steady, price your home competitively, and hire the best Realtor you can find... preferably an experienced broker who thrives in this type of market and who is positive about your home, with a wide network of contacts to attract lots of potential Buyers for your home.
Homes are selling now. Why shouldn't your home be the next one to sell in your neighborhood? Call or email me for more info on getting your home SOLD in today's market.
ZIP Codes: 90024, 90025, 90049, 90064, 90068, 90210, 90265, 90272, 90401, 90402, 90403, 90404, 90405, 91301, 91302, 91303, 91304, 91306, 91307, 91311, 91316, 91324, 91325, 91326, 91335, 91340, 91342, 91343, 91344, 91345, 91351, 91354, 91355, 91356, 91360, 91361
For More Information:
View Market Conditions of other areas served by Bernie Leibovitch
Navigate: Top > California > Los Angeles
About Bernie Leibovitch:
Years of experience. A track record of success. Great communication, marketing and negotiation skills. Compassion, committment, and follow through. These are the qualities you want when selecting a Realtor to represent you in this market. Bernie Leibovitch has been a consistent top-producing Realtor(R) for over 23years. He is recognized as one of Southern California's leading real estate professionals.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
|
