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san fernando valley: Positive News for the San Fernando Valley Real Estate Market - 11/17/08 03:22 PM
Here's an article from the Southland Regional Association of Realtors showing significant increases in the number of sales from last year.  Could this mean that the bottom is near?  Read below and let me know what you think? 
San Fernando Valley Home Sales Surge from Last Year's Low Point Driven by foreclosures and homes sold by traditional sellers at favorable prices, sales of existing single-family homes in the San Fernando Valley during September soared a whopping 81.8 percent compared to a year ago, the Southland Regional Association of Realtors® reported.
A total of 658 homes changed owners last month - 296 … (0 comments)

san fernando valley: REAL ESTATE MARKETS ARE LOCAL, SOME LA AREAS SEE DOUBLE DIGIT GAINS - 10/03/08 02:57 PM
Nationally, the real estate market has been declining in most major cities. But what the general public and media fail to see is that real estate markets are local. Each city and areas within cities have different industries that fuel their local economies. As a result, appreciation rates vary tremendously across the country and in different zip codes and towns. The Los Angeles area has a well diversified economy with one industry that is unique and indigenious to the city; the Entertainment Industry. The Entertainment Industry offers executives, celebrities, and creative professionals high salaries that help increase median prices in the … (0 comments)

 

Mark Gonzales

Sherman Oaks, CA

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Rodeo Realty

Office Phone: (818) 986-7300

Cell Phone: (818) 414-1914

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