Archive for April, 2009

Short Sales: Is it Right For You? – 4.25.2009

Friday, April 24th, 2009

Congratulations to Jason and Jessica on their engagement and for opening escrow on the purchase their first home!  I wish you a lifetime of happiness!   Since the beginning of April, ten new condos opened escrow, including four that went pending last week.  The overall resale inventory crept back to below the ...

April Market Report & Village Update- 4.17.2009

Friday, April 17th, 2009

Spring has finally arrived, bringing with it a warming trend to the Playa Vista resale market. Several properties went pending and at least three other listings received multiple offers.  Activities for new home sales also caused the real estate mercury to rise dramatically as compared to the first quarter of ...

Playa Vista Q1 2009 Market Report – 4.3.2009

Friday, April 3rd, 2009

Overall, statistics for California show a decline in prices from this time last year. However, the good news is that existing home sales and unsold inventory are even better than the numbers indicate over last period.  If the supply shrinks and the demand continues, we may soon see prices stabilizing.   California ...