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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Tarzana. Low rates with falling home prices makes a home purchase a great value!
Please call me at 818-392-8550 for more information on the market.
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| Average Home Price | $650,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 10-15% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $550,000 - $599,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Tarzana is | No Change |
| Seller Activity for the past 90 days in Tarzana is? | Decreasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | If priced right sellers are getting multiple offers. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 35-40% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Financing is available but the banks are having a hard time parting with their money.Market rates are amazing at this time! |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Los Angeles |
| Housing Hot Spots | Encino,sherman oaks,studio city |
| Average Sold Price | $650,000 - View Graph Trend |
Tarzana Local News
News for Tarzana, CA - May 5th, 2011 5:31pm
There is a need for homes for sale in Tarzana. Buyers are hammering for more homes to see as they love the area. If you are thinking of selling your home I would be happy to do a free market analysis of your home.
Contact Information
Blayne Pacelli
310-383-6281
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Blayne Pacelli
Rodeo Realty
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 310-383-6281
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