
Pacific Palisades Monthly Update (last 12 months vs same period 2018)
As of January 31st, there were 82 single-family Palisades residences listed in the Multiple Listing Service (M.L.S.), which is just 2% higher than the start of 2019.
As of January 31st, there were 82 single-family Palisades residences listed in the Multiple Listing Service (M.L.S.), which is just 2% higher than the start of 2019.
Over the last several years we have written about “deal breakers” that have often come up during the sale and/or purchase process. During the last two years, the transactions have
For several months, the Westside real estate market has experienced a steady recovery with both average list and sales prices increasing by more than 4%.
Investors have become a significant factor in the current market environment. Investors generally have fewer contingencies and shorter time periods for processing the escrow. Therefore, they have traditionally closed escrows
The fuel for this steady recovery has been continued artificially low interest rates which has made purchases more affordable for everyone, combined with a lag in the homes being made
As of May 1st, 2013, there is approximately a one-year inventory of homes available above the $5million level. Conversely, it would only take 2.5 months to sell all of the
There continues to be much interest in the local real estate leasing market. Owners who choose not to sell their current property for various reasons have asked what is involved
Real estate prices in the Palisades have continued a steady and much stronger increase than could reasonably have been expected.
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.