Market Conditions in Burbank : Real Estate Advice

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Christopher…, Real Estate Pro in Methuen, MA
Christopher Lefebvre answered:
With the Burbank inventory at 225, how many months sales is this? If I put my home on the market should I expect it to take 6 months to sell?
The length of time for it to sell will be directly related to your asking price and the home's location and condition. You could sell it in one day if you ask a low enough price a ... more
0 votes Share Flag Wed Jun 30, 2010 Market Conditions in Burbank
Kyle and Nor…, Real Estate Pro in Burbank, CA
Kyle and Norma answered:
Does the number of listings include the "shadow inventory", the bank owned homes that are for sale?
No... "Shadow Inventory" is inventory that has not hit the market yet; such as preforeclosures, foreclosed properties that banks have not yet listed and or loan modifications ... more
0 votes Share Flag Thu Jun 17, 2010 Market Conditions in Burbank
Gary Gukassi…,  in Pasadena, CA
Gary Gukassian answered:
what's with the insanely low sale prices on the burbank collection condos?

I don't believe those numbers are accurate. I was not able to verify that info with other websites. The 1 bedroom condos in the complex start at $399K.

Let me know if ... more
0 votes Share Flag Sun Nov 9, 2008 Market Conditions in Burbank, CA
Jamie Glenn,  in San Mateo, CA
Jamie Glenn answered:
Townhouses--Burbank, Ca.--East of Glenoaks blvd.
the average asking price of 2 bed homes in burbank as of May 2nd was $565k (per trulia real estate guide), this includes single family and townhomes. avg price per sq ft as of dec 2006 ... more
0 votes Share Flag Sat Jan 26, 2008 Market Conditions in Burbank, CA
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