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Market Conditions in Burbank : Real Estate Advice

  • All193
  • Local Info13
  • Home Buying58
  • Home Selling4
  • Market Conditions8

Activity 4
Wed Jun 30, 2010
Christopher Lefebvre answered:
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 and it could stay listed for years if you are asking too much. My best advice is to figure out the lowest price you are willing to sell your home at and then compare that figure to a fair market value range for the home based on your home's actual condition and location. A real estate agent can help you find comparative properties that have recently sold and you can have them set up a search for active listings that are comparable to your home as well. If your competition is listed at a much lower price than you, those homes will probably tend to sell first. Good luck! ... more
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Thu Jun 17, 2010
Norma - Jason And Kyle answered:
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 that have gone back into some type of default.
Hope that helps.
... more
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Sun Nov 9, 2008
Gary Gukassian answered:

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 you are interested in condos in Burbank. Call or e-mail me your criteria and I will send you a list.

Gary Gukassian
Beverly Realty
... more
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Sat Jan 26, 2008
Jamie Glenn answered:
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 was $529. hope this helps. If you want a true value I suggest contacting a realtor in your local area. ... more
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Market Conditions in Burbank Zip Codes