Economic Update for Week Ending 3/22: The federal reserve chairman, Ben Bernanke announced this week that the fed will continue bond purchases to keep long term interest rates down until substantial improvement in the employment market is seen. With that said 226,000 jobs were added in February and over the last 5 months the average […]
Mortgage rates sharply rose this week as positive job reports suggest the economy continues to recover. Rates on 30-year fixed-rate mortgages averaged 3.63 percent for the week ending March 14, up from 3.52 percent last week but down from 3.92 percent a year ago. Rates on 30-year fixed-rate loans hit a low in […]
Thinking of doing some improvements to your home? If you’re thinking of selling your home in the near or maybe distant future you may be wondering what’s the best use of your money.
Real Estate Agents rated improvements on the exterior of your home the best use of your money with the highest return on your […]
I am sure you know that the market has shifted this Spring and there are often many offers on a property. Consequently, buyers are writing more aggressive offers with no or few contingencies. This article addresses some of the issue that may result. I hope you find this informative.
Keller Williams Realty
REO’s or Bank Owned Properties are in abundance in Los Angeles and for that matter all over the nation right now, however is it really such a good idea to purchase a bank owned property?
They usually have very attractive price tags but buyer beware once you decide you want to put an offer in on that property […]
Here are some basic guidelines on what to expect when you want to purchase a Short Sale.
Once you write your offer you’re agent will submit it to the sellers agent, (listing agent). At this point you’re dealing with the seller not the bank. You’ll be negotiating with the seller until you can come to an […]
Deciding to sell your home is a big decision with many moving parts. If you hire the right Realtor and put the right price on it you’ll have a successful outcome. Below are some tips on what to do after you’ve made the decision that it’s time to move onto greener pastures.
1. Hire a […]
September 2010 -vs- September 2011
Median Sales Price is down by 1%. Median For Sale is up 6%, Median Sold down 1%. Sold Properties down 33%. Under contract properties down 50%. New properties listed up 11%. Expired remains the same. Supply is down 15%, Demand is down 33%. Days on Market up 17%. Months […]
As you may have already heard real estate is hyper local, prices can vary greatly from neighborhood to neighborhood. Below I’ve compared 2 years of market data for single family homes for 5 Westside areas.
If your neighborhood is not included in this list please call me and I’ll be happy to get you the […]
Great opportunity to own your own home! This condo is priced like a bank owned property! This is a short sale, featuring 1 bedroom and 1 bathroom, fireplace, central air conditioning and heat, 2 car parking, large balcony overlooking lush landscaping.
The community has a large heated pool, spa, gym and recreation room. The expansive pond with ducks, waterfalls and fountain […]
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