SoldWATCH Chatsworth
21 January 2016
The housing crisis is finally in the rear view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2016 will be the year that the housing market again races forward. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory.
Let's look at what's happening locally.
This past week we saw 8 homes sell in Chatsworth, it sold for $309,015 - $890,000 and had a total of 1,158 sf. - 3,398 sf. Years built range from 1972 - 2015.
Click here for all the juicy details!
While buyer demand looks like it will remain strong throughout this winter, supply is not keeping up.What does that mean for you - as a homeowner? If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.
Since you're already reading this, you're getting an idea of the prices of home in your area. What's the next step? Let's figure out what YOUR home is worth in comparison. There are improvements you've made, all the little customizations add up. You can share those with us and we'll get back to you with a PinPoint Price Analysis on YOUR home.
We look forward to chatting with you soon,
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