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Jodi Dirk's Blog

By Jodi Deranja | Agent in Los Angeles, CA
  • Low Inventory and Increasing Home Values...

    Posted Under: Home Buying in Los Angeles, Home Selling in Los Angeles, Financing in Los Angeles  |  June 29, 2012 4:24 PM  |  96 views  |  No comments
    As the real estate market continues to change so does the outlook of the current buyers and sellers.  Buyers are waiting with baited breathe for more inventory and sellers are still a bit hesitant to jump in the game. Because of this, home prices are on the rise and mortgage rates are still low! Thus the anticipation behind the buyers. In Los Angeles we are seeing multiple offers on many new listings, homes selling over asking price and some homes are selling before they even hit the market. I wouldn't say we have fully come out of the slump but things are deffinatly looking up! We just need some inventory!
    The Lovely Venice Canals
 
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