The Woodland Hills Real Estate market has been very challenging for sellers but is providing tremendous opportunities for buyers and for sellers that want to buy that bigger home or do a lateral move. Prices are and have been declining for over two years now. Sellers who want to sell in the next few years may want to consider selling now before prices go lower. We are in a down cycle which is normal after nine years of steady appreciation. This could not go on forever. We have only rolled back to 2003 prices. This is at prices that were after seven years of appreciation.
Interest rates are getting lower and loan programs are getting more attractive which make it a good time to buy. There are many great deals out there. Banks are selling foreclosures at very low prices to get rid of them. Some of these are priced below what they could have gotten had they priced higher. Buyers who want are great deal can find them as long as they are not to strict with their buying requirements.
I know the market values here and can recognize a great deal for buyers. Also, I can help sellers to price right and find buyers in this market due to my specialization in Woodland Hills, South of Blvd. properties.
Call me. Sean McGlynn 818-347-4353
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