Housing Inventory Creeps Up
I’ve been sensing a little increase in the housing inventory the past few weeks, not dramatic, just a small sign here and there. There has been a few more price reductions, some additional seller concessions, and numerous “come list me calls”. It’s a vibe, nothing concrete, but this Real Estate veteran trusts her gut. So [...]
25 Calabasas Homes Reported Sold Over the Weekend!
This isn’t a misprint. A whopping 25 Calabasas homes were taken off the active market since Friday 3/22/2013 according to the Multiple Listing Service. The spring selling season is in full bloom. And here they are listed from the fewest days on the market to the most. The quickest sale is 4 days, for a [...]
Calabasas Low Housing Inventory Update
As I’m sure you’ve heard by now, housing inventory is down across the country. Generally speaking, a six month supply of homes on the market is considered balanced. Anything above that and buyers have plenty of choices. This is considered a buyers market. Buyers can offer less than list and usually negotiate repairs and concessions [...]
Need Another Price Reduction on this Calabasas Bank Owned Fixer
This four bedroom, two bath one story home has been listed for more than a year. First as a standard sale, then a short sale and most recently as bank owned. The price has also been reduced along the way but not near enough. The home is currently listed for $525,000 and does need some [...]
Tracey Thomas, GRI, SRES, CDPEBroker Intell Tracey ThomasReal Estate Broker818-652-2937
