Downsizing & Rightsizing
Proposition 90 Revisited
Empty Nesters and retirees have the choice to stay in an oversized home, or perhaps move to a more updated home and face the tax implications of that.
How is the Palisades Market?
Real Estate News & Market Analysis
Michael Edlen has tracked local statistics and trends and provides real estate counseling services to prospective homebuyers. This guide to how to buy a house is where we've poured all of our knowledge to help you have a better home buying experience.
Pacific Palisades Housing Market: Looking Back And Forward
As we begin the year 2012, the number of homes available for sale in Pacific Palisades is quite low. There are only 70 homes on the market, which is 22 percent less supply than at the beginning of last year.
A Close Look At The Current Pacific Palisades Market
The answers to these questions have been relatively easy to give for the last year or so. Today, however, this is not at all an easy subject to fully understand.
Investor Buyer Impact
Last year at this time, there was approximately a four-month level of inventory. When the inventory level dips below six months, it is generally considered to be a “seller’s market”.
Money In Today’s Real Estate Market
As most people must know by now, the housing recovery has been much greater than anticipated in 2012. While nationwide prices have increased by about 12% in the past year, in Pacific Palisades the median sale price and average price per square foot are up more than 17%.
Is The Local Pacific Palisades Market Turning?
In the past few months, the stage may have been set for a possible nationwide real estate recovery. The Federal Reserve has determined to do everything possible to maintain 60-year low levels of interest rates for the next two years.
