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home sales: ARE WE AT THE BOTTOM? - 10/28/08 05:57 PM
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 homes sold to new buyers last month- 296 more homes sold that last year this same time. 
The number of condo sales also saw an increase during September at 36.1 percent to 211 transactions 56 sales higher than a year ago.
This may signal that we are the bottom of the sharp decline in local real estate values … (0 comments)

 

Mark Gonzales

Sherman Oaks, CA

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Rodeo Realty

Office Phone: (818) 986-7300

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