RECENT BLOG POSTS
As property prices are reaching lows unseen since 2003, prospective buyers who were waiting on the sidelines are now jumping into the market. The January single-family home median price was $350,000, a 24.7% drop from a year ago, while the condo median price was $190,000, a 48.4% drop. Sales of ...
03/05/2009
   If you purchase a home before September 1, 2009 and you are a first time home-buyer (someone who has not purchased a home within the last 3 years, see http://www.hud.gov/offices/hsg/sfh/ref/sfhp3-02.cfm for exact details) you will be eligible to receive a tax credit for $7,500 which does not h...
02/17/2009
Here are several articles explaining the 2008 sales data, how we may be at the bottom the market's down cycle and why prices may increase soon.  As I've said in many of my earlier blogs, multiple offers are being received on almost every listed property priced below $500k with some listing agent...
02/05/2009
Here's an article from the Southland Regional Association of Realtors showing significant increases in the number of sales from last year.  Could this mean that the bottom is near?  Read below and let me know what you think?  San Fernando Valley Home Sales Surge from Last Year's Low Point Driven ...
11/17/2008
Although the newspapers and Wall Street is flooded with depressing information on the economy, and despite Dow Jones record lows as well as the recent news that the government will not be buying up bad debts from banks, there are still multiple opportunities in the Real Estate Market for buyers w...
11/17/2008
Regardless of what you might have heard about the home buying market, the statistics in Southern California show that this is a great time to buy. First time buyers, investors, and even all cash buyers have found the current market conditions to make owning a home more affordable and easier than ...
11/17/2008
The sales data for September has been released from Southland Regional Association of Realtors and to everyone's surprise the numbers are outstanding.  Existing single-family home sales in the San Fernando Valley dramatically increased 81.8 percent during September compared to a year ago.  658 ho...
10/28/2008
Looking for ideas for you and your family this October and November? Here are a few family fun activities happening in the valley. Hope to see you there!Dia de los Muertos-Hollywood Forever Cemetery6000 Santa Monica Blvd., Los Angeles. On November 1st from 4011p..m., the historic Hollywood Foreve...
10/08/2008
Nationally, the real estate market has been declining in most major cities. But what the general public and media fail to see is that real estate markets are local. Each city and areas within cities have different industries that fuel their local economies. As a result, appreciation rates vary tr...
10/03/2008
National Association of Realtors (NAR) President Dick Gaylord sits down with NAR Chief Economist Lawrence Yun to discuss what is happening in the market and what REALTORS® can expect in the coming months.  Click the video feed to see their thoughts on the future of the Real Estate Market in 2009....
09/25/2008
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Mark Gonzales

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