Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Market Conditions in 90024 : Real Estate Advice

  • All39
  • Local Info2
  • Home Buying18
  • Home Selling3
  • Market Conditions2

Activity 106
Fri Aug 28, 2009
Phyllis Rockower answered:
Only if you can get a steal. You need to find a lender and get pre-qualified first. Also pull your own credit and see if there is anything funky there. If you are testing different lenders, use that report rather than letting them each pull a report. Then when you are ready to select one, they will pull it for you. ... more
0 votes 8 answers Share Flag
Mon Jun 15, 2009
Kocherka asked:
Hi Trulia,Is there a way under your Stats & Trends tab to get the historical median prices for intervals other than 1-year and 5-years ago? I am looking for 2-year and 3-year me...
0 votes 0 Answers Share Flag
Sat Mar 21, 2015
Staci Siegel answered:
Hi Seely,

I lived in Cheviot Hills for a very long time and also have a lot of clients purchasing there. Are you thinking of selling your home? I don't think that days on market is a good indicator whether or not your home will sell in the 90064 zip code. There are so many buyers looking for homes in that neighborhood, specifically young families, because Overland Elementary is one of top rated schools in the LAUSD. If your home is priced appropriately, it will sell very quickly, even in this market. I am still seeing homes in that neighborhood go for over the asking price. There are definitely a lot of homes in the area that a very overpriced, and those are staying on the market for quite a while.

Staci
... more
0 votes 4 answers Share Flag
Tue Mar 8, 2011
Monique & Joe Carrabba answered:
Hello Helen,

I understand you concern. It could get worse. At the end of the day if you aren't planning on moving out of your home quickly you are protected. No guarantees but home values have gone up in Southern California. The home I grew up in in 1962 was sold for 30k and now is worth 2 mil. You never know when you are at the bottom of the market. The 8k credit is only good through the end of the year so get in while it's still an incentive. Even if values go down eventually they will go up above what you paid.

Best,

Monique Carrabba
The Carrabba Group
Keller Williams Sunset
mcarrabba@kw.com
(323) 899-2900
... more
0 votes 10 answers Share Flag
Thu Apr 2, 2009
David Chamberlain answered:
Did you even read the report, it doesn't cover all markets and all markets are not down to 2003 levels.
0 votes 1 answer Share Flag
Tue Mar 31, 2009
Edith Karoline Jasser answered:
Hi Don, Why are you interested in the Los Angeles Market conditions, do you intend to buy there, to sell there?
Just give us a bit more information. The answers will also depend on what kind and type and size of property and what price range and location. So you need to be a little bit more specific..... Just because at this time of them market areas, subdivisions, cities and neighborhoods and price ranges and types of properties all are different in the way they sell and how many of them are on the market and where the pricing currently is!

So if you can specify a little bit why you are interested then we can provide some information although nobody, no Realtor as a crystal ball to foresee the future in the real estate market but in California in general prices hiked up a lot more that elsewhere and consequently are coming down harder.

Once I hear back from you I would like to connect you with a partner agent of mine in the Los Angeles area (so let me know your reasons for asking the question) that Realtor will be very helpful to assist you in your decision making process.
Edith YourRealtor4Life! Working always in the very BEST interest of her clients! And so do my Partner Agents anywhere in the US and worldwide!
... more
0 votes 3 answers Share Flag
Mon Mar 23, 2009
Joey Sacavitch answered:
Do you mean SFR vs Commercial. Do you mean price point or area?
Joey Sacavitch
jsacavitch@kw.com
0 votes 2 answers Share Flag
Mon Mar 9, 2009
Steve and Enza Dandeneau answered:
According to a recent news segment on Good Morning America (ABC News) if a homeowner facing forclosure demands that the loan servicing company to "produce the note" it could significantly delay the foreclosure process Apparently a homeowner is well with in their rights to demand this. ... more
0 votes 1 answer Share Flag
Wed Feb 18, 2009
Steven Ornellas answered:
M, the statistical measures of Average and Median are two different measures. Average is the typical calc we are all familiar with: Add up the sum of all number and divide by the number of samples. Median, on the other hand is defined as “the number separating the higher half of a sample from the lower half." This measure has no regard for any of the specifics you may be searching for.

The good ol' fashioned CMA gives you the best representation of market price/activity/trend direction - for the specific property details you search on.

My $0.02

Best, Steve
... more
0 votes 2 answers Share Flag
Sat Jan 31, 2009
Lezlie Brazil answered:
Hi Bjoern,

Here are statistics for the area:

Single family homes are selling at a median price of $241,600 vs. $455,000 nearly a year ago. Condos are $300,000 vs. $242,000.

Keep in mind, there are many REOs and Short Sales in the area which is bringing down single family home values. On the other hand, the new Bedford Parc & Promenade development is helping condo values rise.

Please contact me if you need any additional information.

Lezlie Brazil
Keller Williams Realty
T 310-991-4263
F 310-861-0207
E lezliebrazil@kw.com
... more
0 votes 0 Answers Share Flag
Tue Jan 20, 2009
Jason Pauley answered:
Hello Shahriyar Rahma.

Are you interested in a weekly e-mail list of certain areas in Los Angeles or Philadelphia? If you're interested in discussing some areas in Los Angeles, I would be more than happy to set you up via e-mail to receive active listings.

Lets discuss.

Jason Pauley
the realtor for life
of Keller Williams
323-252-4310-C
WWW.TOMANDJASON.COM
... more
0 votes 2 answers Share Flag
Thu Feb 18, 2016
Valeria Misares Motronea answered:
Regular tenant improvements without any special finishes (granite tops, travertine flooring, marble etc) will run approximately $ 150 - $ 160/s.f.
0 votes 6 answers Share Flag
Mon Oct 13, 2008
Jeffrey White answered:
Any offer at this point is great. One that close to asking is excellent! Go for it and get it sold. This market is SO TRICKY right now. If you let that buyer slip away you will not be a happy camper. ... more
0 votes 5 answers Share Flag
Tue Oct 7, 2008
Irina Netchaev answered:
Abigail, try going to dqnews.com and look under LA Times charts. Hope it helps.
0 votes 1 answer Share Flag
Wed Sep 24, 2008
Dallas Texas answered:
Schools, new developments, media articles.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
0 votes 4 answers Share Flag
Fri Mar 12, 2010
Laarni G. Omingo answered:
Hi John,
Actually you can do that yourself. Please visit this site:www.assessor.lacounty.gov and they got the forms for you to fill out and ask for reassessment of your property to lower your property tax. Good Luck
Laarni
... more
0 votes 8 answers Share Flag
Wed Aug 6, 2008
; answered:
Nathaniel, the unfortunate "reality" for some sellers is that they owe more than the current market value, and are unable or unwilling to pay out of pocket to close. As long as this is the case, the foreclosures will continue- why not look into properties that are already bank owned, or priced right, until things settle down? That 30% "profit" could well be in the form of a second mortgage that has to be paid off- the profit has been spent. ... more
0 votes 16 answers Share Flag
Sat Jan 4, 2014
Shel-lee Davis answered:
Alex:

Downtown LA is have billions of dollars invested in bringing it into this Century and making a destination location again. Of course my crystal ball is broken, however I believe that those who find great deals in Downtown real estate in the coming year(s) will probably be happy they did.

KFWB produced an exclusive on the Downtown LA marketplace just this week. I have provided the link below. It has some very interesting information which some would view as bad and others would view as opportunity. Listen and decide what you hear. And Dare to Dream.

Shel-lee Davis
Real Estate Consultant
RE/MAX Palos Verdes Realty
... more
0 votes 5 answers Share Flag
Fri Apr 29, 2011
Monique & Joe Carrabba answered:
Hello Todd,

In LA, especially on the Westside, Brentwood, Palisades and Venice/Santa Monica, single family homes are still up (prices). Volume/the number of sales is down. Their just doesn't seem to be a shortage of people that can afford these homes. Condo prices (in most areas have dropped slightly. You can never know for sure, but if home prices don't fall in any areas, I would would bet on West LA, Brentwood and Palisades (and other Westside areas surviving and staying strong.

Best,

Monique
... more
0 votes 11 answers Share Flag
Fri Jul 18, 2008
Ray Calnan answered:
Trulia and many other online tools may not always be 100% accurate. In many cases the information is put in by people when the property is listed and may not reflect accurate information when it is sold. Additionally, the county assessor's site is often months behind in updated the information.

What should you do???
You can contact an appraiser for information about sales, but it will cost you.
You can contact an agent which may or may not cost you.
Your best solution is to use the information you found from Trulia et al. and go to the assessor's office to verify the information. They have the recorded deeds in the system much faster than we have it available online.

I am glad to see that you are taking advantage of Prop. 8. Make sure to spread the word to your friends and family.

Please call with questions.
Good Luck.

Ray
... more
0 votes 5 answers Share Flag
1 2 3 4 5 6
Search Advice
Search

Followers

901