March 2012 totals are in and show some trends that you will want to consider if you have a Cerritos home for sale or will be buying a home soon. According to Realtor.com, housing market indicators are looking up. The national median list prices has increased between February and March, displaying a steady, slow rise.…Read More »
It’s a little bit like real estate’s Rite of Spring: ‘for sale’ signs sprouting on lawns like new flowers finding Orange County’s April sun. And since we are used to hearing how “property values” are still battling to rebound, this season the ‘Sale’ part of those signs is likely to be taken more literally than…Read More »
Advanced technology has become such a prominent feature in our everyday lives it is no surprise that it’s increasingly affecting La Palma home values. As “Home Automation” features grow in importance, bottom-line home values are following suit. It’s a new phenomenon, one that motivated home sellers (as well as homeowners heeding long term home values)…Read More »
It has been a long time since truly credible sources dared to combine the word ‘optimistic’ with anything like ‘Home Sales Buying Season’, but last week the National Association of Realtors’ Chief Economist, Lawrence Yun, sounded like he is ready to start talking that way. This Spring the La Palma residential real estate outlook is…Read More »
La Palma Real Estate Market Report Ask yourself these common questions: How’s the La Palma real estate market? We’ve all read the headlines, but what’s really happening in the housing market of La Palma right now? Ask yourself another question: Want to live in La Palma — What kind of home can I afford in…Read More »
Scared To Sell Your La Palma Home? If the answer is yes, well, you’re not alone. A problem, which often overlooked in our crazy Los Angeles/Orange County housing market, is the bruised and battered sellers. It’s true, buyers are increasingly hard to find as we continually read and hear how bad economic times are and…Read More »
California boasted the highest number of cities where homes tended to spend the shortest amount of time on the market last month, based on March housing data from Realtor.com. In Oakland, Calif., the average days on the market for listings was 50 in March–the least amount of days for median days on the market for…Read More »
This Week The median list price for Single Family Homes in LA PALMA, CA this week is $549,000. The 50 properties have been on the market for an average of 128 days. Supply and Demand Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market prices are not yet…Read More »
This week The median list price for Single Family Homes in LA PALMA, CA this week is $559,999. The 53 properties have been on the market for an average of 102 days. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index(MAI) implies some increased demand will temper the negative trends.…Read More »
This week The median list price for Single Family Homes in LA PALMA, CA this week is $559,999. The 59 properties have been on the market for an average of 101 days. The Market Action Index(MAI) has been trending down lately, while inventory and day-on-market are climbing. The trends imply a weakening market. Supply and…Read More »