Keith Sorem's (keithsorem) Blog

Real Estate Market Report         La Crescenta/Montrose/Glendale Annex           February, 2010 At A Glance What a difference a month makes.  The Market Index dropped to 0.53, back to March-April levels primarily due to more inventory and fewer sales.  Considering the past few months this is a gr...

Real Estate Market Report La Cañada Flintridge, CA                                      February, 2010   At A Glance La Cañada Flintridge continues to have the lowest Market Activity Index of the areas I monitor.  Important points this month:  A big increase in new pending listings and a drop in ...

Real Estate Market Report Glendale, CA                                                         February , 2010   At A Glance The Market Activity Index decreased for the third month in a row, creating the perfect storm for buyers:  low interest rates (although projected to increase soon), more inv...

Real Estate Market Report East San Fernando Valley, CA                              February, 2010 North Hollywood, Sun Valley, Valley Village, Valley Glen, and Van Nuys.   At A Glance The Market Activity Index declined, due to an increase in Listing Inventory. This may make this the best time fo...

Real Estate Market Report         Burbank, CA                           February, 2010   Burbank At A Glance The Market Activity Index decreased due to three primary factors: More new inventory coming on the market, fewer sold listings closing escrow, resulting in an increase in listing inventory...

Real Estate Market Report East San Fernando Valley, CA                            December, 2009 North Hollywood, Sun Valley, Valley Village, Valley Glen, and Van Nuys.   The East San Fernando Valley area Market Activity Index, edged up slightly, still making it a good place to buy.  There are fe...

Real Estate Market Report         Burbank, CA                      December, 2009 The Market Activity Index increased due to more properties closing escrow and fewer new listings coming on the market.     The Federal Income Tax Credit of $8,000 was to expire on November 30th which may have affect...

Real Estate Market Report West San Gabriel Valley                                      November, 2009 Pasadena, Altadena, South Pasadena, and San Marino Looking at the last few 12 months it appears that the area peaked in June and has been on a slow decline back to where we were in May. The Marke...

Real Estate Market Report Sunland - Tujunga - Shadow Hills                   November, 2009 For the third month in a row the Market Activity Index has increased, climbing quickly toward a seller's market.   This is the second month in a row that prices have increased. Buyers have been taking adva...

Real Estate Market Report Northeast Los Angeles                                            November, 2009 Atwater Village, Eagle Rock, Glassell Park, Highland Park, and Mount Washington The Market Activity Index was lower than all other areas tracked- the lowest being the West San Gabriel Valley....