The Playa Vista condo resale market shows inventory hovering in the high 20’s range. Many of the short sale listings, although in ‘active’ status, already have accepted offers submitted to the bank, which brings the actual available listings to an Continue reading Playa Vista Market Report: February Market Update
Homebuyers are picking up on a fact that investors have noticed in today’s market – as prices dropped, rents are finally covering mortgage payments again in residential real estate. In addition to the historically low interest rates and affordable prices, Continue reading Playa Vista Market Report: Effect of a Strong Rental Market
As expected, market activities in February continue to be robust from the market’s strong start in January. In the past week, several new listings debuted, pushing inventory in the Playa Vista condo resale market beyond 30 units. However, as the Continue reading Playa Vista Market Report: February Market Update
Facebook’s announcement this week that it will have an IPO has many investors lining up eager to own a piece. However, shrewd investors might see buying shares at this point in the company’s life cycle as speculative. For those investors Continue reading Playa Vista Market Report: Home Prices are Back to 2003 Levels!