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san fernando valley: February 2008 Home Sales for Los Angeles County - 03/25/08 12:32 PM
Home Sales Recorded in February 2008 These are the median prices where half sold for more and half sold for less (NOT an average).
County/City/Area # Sold Feb. 2008 Feb. 2007 % Change Yr-to-Yr
Los Angeles Selected Areas:
Westside 35 $1,210,000 $732,750 65.13%
West LA 92 $752,000 $759,000 -0.92%
Downtown LA/Central City 139 $663,000 $710,000 -6.62%
South LA 110 $387,500 … (0 comments)
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san fernando valley: Latest Housing Report Explained By Me! - 11/30/07 12:17 AM
November 29, 2007
So What’s the skinny in the Los Angeles area?
This is the low-down for the San Fernando Valley including Burbank and Calabasas, but not including Santa Clarita etc. Single-family home sales throughout the San Fernando Valley during October dropped 54.1 percent compared to the prior year, the Southland Regional Association of Realtors reported on Wednesday, Nov. 28th. “WOW” you might say! But let’s break it down: This really means that buying/selling activity has been reduced by slightly less than half of the volume we saw during the end of the “bull market”. However, the lower volume of transactions … (0 comments)
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san fernando valley: Story of Tarzana - 10/05/07 01:08 AM
It is interesting where Tarzana is today in terms of it’s development. Where it was once the central point from which the developmental land sprawl in the San Fernando Valley began, it is currently one of the last remaining sections of Ventura Blvd that has yet escaped significant revitalization. Dilapidated strip malls with vacancies still remain dotting the boulevard. Nowadays, small independent new businesses are springing up as mostly neighborhood eateries. Redevelopment is indeed arriving though painfully slowly with a plan by Bryan Gordon of Pacific Equity Properties Inc. a real estate investment and Development Company. It recently purchased 85,000-square feet … (0 comments)
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san fernando valley: Los Angeles Area Market Update- Sept 07 - 09/28/07 12:06 PM
Los Angeles Area Market Update
September 28, 2007
Economic Quickies:
Spending and construction both rise above expections, while core consumer prices posted their smallest rise in 3 ½ years.Former Federal Reserve Chairman Alan Greenspan sees chance of recession at less than 50/50.Oil Prices are at record highs due to the latest hurricane threat, while the dollar is weaker.The volume of home sales nationwide drops to new lows, while nationwide housing prices/values have grown by 0.2% since August 2006. Locally:
According to Dataquick Info Systems, August numbers may be skewed overall by the jumbo loan mess largely affecting high-end home purchases, … (0 comments)
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san fernando valley: Update on foreclosures in the San Fernando Valley Sept. 2007 - 09/12/07 06:25 PM
Update on Foreclosures in the San Fernando Valley
September 12, 2007
By Jennifer Mann
Here is the latest data available to me relating to the condition of the housing market. The current inventory of homes on the market in the San Fernando Valley consists of approximately 4% Real Estate Owned (known as foreclosures). Of these bank-owned listings 80% are under $600,000 price, with the majority being under $500,000. This is not at the percentage said to negatively affect the prices of the general inventory.
What also may be contributing to keeping values in the green in our area is the fact that this time around, … (0 comments)
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san fernando valley: "HOW TO SAVE FOR A HOME" Series - 09/06/07 03:24 PM
Part of "HOW TO SAVE FOR A HOME" Series
Topic: Cars
What is the most cost effective way to own a car? Leasing, buying, replacing, or keeping your car?
Folks, don't waste money on cars! They present an image yes, but what good is an image of success if you have nothing to back it up? Better yet, buying that first home adds so much to your security and sense of pride. Nothing says "SUCCESS" better than hosting various events in your own home.
Follow the advice given below. Buy one of the listed reliable (and cool) cars and the $31,000 … (0 comments)
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san fernando valley: Are you a Polluter or Clean and Green Homeowner? - 07/11/07 06:59 PM
Are you a Polluter or Clean and Green Homeowner?
Tips for homeowners looking to reduce their carbon footprint!
The new theme for this blog is the homeowners impact on our environment. Each entry will offer a different issue and solution/contribution we all can make. Though many real estate professionals can write about the condition of the real estate market itself, I believe like-minded individuals will expect the professionals they deal with to have a similar sense of environmental and social responsibility. So here is my contribution!
By: Jennifer Mann
July 11, 2007
Todays peeve: How many of you walk your dogs as I do regularly … (0 comments)
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Jennifer Mann
Calabasas,
CA
More about me…
Prudential California Realty
Address: 23925 Park Sorrento, Calabasas, CA, 91302
Office Phone: (818) 251-2440
Cell Phone: (818) 422-0163
Email Me
Subjects of interest to Southern California residents, potential buyers, and homeowners. NO FLUFF real estate reports explained. Reasons to use a buyers advocate. Links to free MLS search, southland school scores, equestrian properties, environmental resources and more!
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