Keith Sorem's (keithsorem) Blog

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Real Estate Agent - Keller Williams Realty
RECENT BLOG POSTS
Real Estate Market Report         La Crescenta/Montrose/Glendale Annex           November, 2009  This area is holding at number 8 in Market Activity Index out of 22 areas.  Sometimes statistics are deceiving, and in CV over 40% of homes are selling within 30 days, so do not let the low Index fool...
12/28/2009
Real Estate Market Report La Cañada Flintridge, CA                                     November, 2009 La Cañada Flintridge is continuing to retain the unique privilege of having one of the lowest Market Activity Indexes, moving down from number 6 to number 2 from the bottom.  Prices appear to hav...
12/28/2009
Real Estate Market Report Glendale, CA                                                           November , 2009   The Market Activity Index increased to 0.69.  Sales are up and inventory continues to decline, resulting in some properties selling over asking price with multiple offers. Prices app...
12/28/2009
Real Estate Market Report         Burbank, CA                      November, 2009 The Market Activity Index declined primarily due to two factors, a decline in new listings and a decline in closed sales.  The Federal Income Tax Credit of $8,000 was to expire on November 30th, so it may be that af...
12/28/2009
Real Estate Market Report East San Fernando Valley, CA                             October, 2009 North Hollywood, Sun Valley, Valley Village, Valley Glen, and Van Nuys.   The East San Fernando Valley area has the second highest Market Activity Index, making it a good place to buy.  There are fewe...
11/19/2009
Real Estate Market Report Glendale, CA                                                           October , 2009   Glendale has a Market Activity Index of 0.62, making it an overall good place to buy.  Sales are up and inventory continues to decline, resulting in some properties selling over askin...
11/19/2009
Real Estate Market Report          Burbank, CA                     October, 2009 The Market Activity Index declined due to a jump in new inventory, namely two condo projects.  Contrary to Glendale, the developers in Burbank are by and large opting to sell their new projects, while in Glendale the...
11/19/2009
Not all Realtors are the same.  There is a common misconception that we are all the same and the only real difference is the broker for whom we work.  Each quarter I track the performance of full service brokers compared to MLS Entry Only and Discount brokers.  The results have been consistent fo...
10/05/2009
Real Estate Market Report Northeast Los Angeles          August, 2009 Atwater Village, Eagle Rock, Glassell Park, Highland Park, and Mount Washington Market Index  - 0.65 - up 1 point. A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is ...
09/25/2009
Real Estate Market Report         La Crescenta, CA        August, 2009                     Market Activity Index - 0.86 UP 1 point. A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.                                    ...
09/25/2009
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Keith Sorem

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smartphone(818) 230-8049
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