Why are there so many properties for sale in Raintree Circle area in Culver City along Jefferson?

Asked by Steven, Culver City, CA Wed Oct 10, 2012

Is that a crappy area that won't appreciate and everyone wants out who got in at top of market? Where are some good condo deals in Culver City that would appreciate in value and not just stay flat?

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Dorene Slavitz’s answer
Dorene Slavi…, Agent, Torrance, CA
Thu Oct 11, 2012
Dear Steven,

It is a difficult Real Estate Market, as I'm sure you are aware. You couldn't say that "this" is the "top of the market" in real estate right now. But we are slowing moving coming out of a big decline due to the mortgage crisis, the general economy and many other factors.
For any homeowner that has owned over 18 years, their homes have appreciated and they can sell. Most are waiting to see what the next year holds.
Good luck !
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