Saturday, January 24, 2004

Real Estate Activity in our area

Noting that there are fewer than thirty active residential listings in the community of La Canada, the term "sellers market" is in play. Buyers are frustrated in multiple offers, watching properties sell for more than asking price. Many times, successful buyers remove many contract contingencies to make their offer better than others. In our opinion, this is only to be done with complete understanding of the risks involved!

Other Los Angeles suburb - Southern California communities are experiencing the same market conditions, per our realtor friends.

If you have an experience - either as a buyer or a seller - please email us and we will share it in our blog.

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