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  • Twitter Me...on the twitter page at...

    You can now find me: http://www.twitter.com/Realtor_SoCal Thanks! Tom
    Posted to Real Estate Blog LA (Weblog) by 402414 on June 8, 2009
  • Home Prices to Bottom in 2009..New Report!

    House prices in much of the U.S. will bottom out in this year's fourth quarter, Moody's Economy.com says in a new report. The report projects that peak-to-trough declines for metro areas will be 53% in Los Angeles. In some of the hardest hit markets, however, prices won't reach a bottom until 2010 or 2011, the research firm says in a ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on February 8, 2009
  • California Home Prices DOWN 40.9 percent!--NOW is the time to BuY.

    The median price of an existing, single-family detached home in California during September 2008 was $316,480, a 40.9 percent decrease from the revised $535,760 median for September 2007. It is still too early to determine if the statewide median price has begun to stabilize, and recent events in the economy and financial system contributed to the ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on November 16, 2008
  • Sept Sales and Price Report--Sales Soared!!!

    September sales and price report: Sales in California soared 96.7 percent and the median price of an existing single-family home decreased 40.9 percent compared with September 2007. Statewide sales in September surpassed the 500,000 mark for the first time in more than two years, rising 2.3 percent compared with August, and 96.7 percent from a ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on October 31, 2008
  • Buyers Hurry!--Housing Market doing a 180

    Homes are now more affordable then they have been in years.  As soon as I state this, the market could turn the other way. It may be many months before we see balance in the markets, but it is coming. Price reductions have increased dramatically in the past 2 weeks as Sellers look towards the Summer selling months. Homes are no longer as ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on June 4, 2008
  • Apartment Buildings - Multi-Family Units - Good time to Buy - NOW!

    The National Multi Housing Council projects the number of "households that rent" will increase by  four million over the next 10 years, with half of them renting apartments in properties with five or more units. Looking back at  2007, the group said the number of renters in professionally managed  apartments ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on March 14, 2008
  • Transactions #'s Down...Jan '08 Data

    Are Buyers and Sellers waiting out the market? They may be, as evidenced by the latest data regarding SoCal Home Sales Transactions which fell below 10,000 in the month of January. This is the first time this has happened in around 20 years. Clearly, Buyers are waiting, but should they? With interest rates low, supply up, and ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on February 13, 2008