In last week’s newsletter, I wrote about the extremely limited inventory. Also, last week, three new listings debuted on the market, however several more went into escrow, keeping the amount of active listings to a mere six. For anxious buyers,the Continue reading Playa Vista Market Report: Supply vs. Demand
The total number of available listings on the market continues to be very reserved, remaining in the single digits since the beginning of the year. Properties listed at the $800,000 price range or below are getting many buyer’s attentions and Continue reading Playa Vista Market Report: Where’s the inventory?
Likewise to the home sales market, the rental market in Playa Vista has also been on a steady climb. Currently, there are three apartment complexes in Playa Vista with a less than 3% vacancy rate. Although the Irvine Company is Continue reading Playa Vista Rental Market Update
Although there were ten new listings that debuted since the beginning of the year, total available inventory remains anemic. So far this year, I’ve encountered five multiple offer scenarios, in Playa Vista, with as many as six buyers competing for Continue reading Playa Vista Market Report: February Market Report