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north hollywoo: Real Estate Market Index Report East San Fernando Valley CA February 2010 - 03/10/10 05:50 PM
Real Estate Market Report
East San Fernando Valley, CA                              February, 2010
North Hollywood, Sun Valley, Valley Village, Valley Glen, and Van Nuys.
 
At A Glance
The Market Activity Index declined, due to an increase in Listing Inventory. This may make this the best time for buyers to submit some conservative offers.  Prices seem to be showing a reluctance to go lower, so this is the perfect storm for buyers - low interest rates, low prices, and the $8,000 Federal Income tax credit requires you to enter escrow by April 30th and close by June 30th, making short sales risky.
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Keith Sorem

Glendale, CA

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Keller Williams Realty

Address: 411 North Central Avenue, Suite 100, Glendale, CA, 91203

Office Phone: (818) 432-3269

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