Calabasas Mulwood Neighborhood Real Estate Update Feb. 2010
February 22nd, 2010 Categories: In The News Calabasas
Looking back ninety days there have only been four sales in Mulwood. Two of them regular sales, one short sale and one bank owned property. As of today, February 22, 2010 there are fourteen homes in escrow within the Greater Mulwood area of Calabasas. Of these fourteen homes, seven (50%) are short sales, six are standard sales and one a relocation company sale.
Because Mulwood is in the lower price range for Calabasas, the area is very desirable, especially for families with children. Most homes in Mulwood are within walking distance of the elementary, middle and high school.
Homes in a pre-foreclosure status have continued to decline in this area and indicates that we are getting closer to the bottom for troubled homeowners. The prediction is for housing prices to stay flat in Mulwood for the next ninety days.
For more information regarding home prices and short sales in Calabasas, CA please call me at 818-652-2937 email me at tracey@traceyrealtor.com
This entry was posted on Monday, February 22nd, 2010 at 1:02 pm and is filed under In The News Calabasas. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
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