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Are home prices stabilizing in Torrance, CA? How healthy is your equity report?

By
Real Estate Agent with Kaminsky Real Estate Group/Shorewood Realtors

Torrance, CA Market outlook for week of January 24, 2011 . . .

Inventory levels have been relatively consistent relative to sales.
Despite the fact that there is a relatively high amount of available
inventory, this Buyer's market is still seeing prices move higher.
Given inventory levels, these price conditions are relatively fragile.
If the market cools off further, the price trend is likely to reverse.

 


 

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