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As of August 1st, there were 44 single-family Palisades residences listed in the Multiple Listing Service (M.L.S.), which is 46% lower than at the start of August 2021.
As of September 30th, 2021, 75 single-family Palisades residences were listed in the Multiple Listing Service (M.L.S.). This inventory level is 32% lower than last year’s September 30th available inventory.
There has been considerable interest expressed about the signs of the current market transitioning and what we might expect in 2019. In noticing that there have been a large number of leases this year, the question that arose is how that compares with the current sales levels.
Just a few years ago, less than 20 percent of home sales involved any Internet use. Now over 70 percent of California sales involve buyers searching the Internet for homes, loans, real estate agents, quality of community and schools, and for information about the purchase process.
One of every four escrows falls out due to buyer difficulties in obtaining a loan or because of the many challenging things that come up during transactions that can result in an escrow falling apart.
It is almost impossible to perfectly time either the purchase or sale of any asset, especially real estate. Often when price movements have reached extreme highs or lows, they are about to change direction.
Many of these involve choices that the individual or their family can make that will enhance the quality of daily living.
I recently heard from two homeowners. One said, “I’m keeping this house for my children – but
