I'm hearing rumors about the overall economy just inching along. And with this, more questions
about how it impacts the housing market.
Questions I'm hearing include...
Is affordability a major concern in today's real estate market?
Are we approaching a new housing bubble?
Are mortgage standards too tight? Or have they loosened too much?
Freddie Mac, in their April Economic Outlook, says has an optimistic about housing...
"We maintain our positive view on housing. In fact, the declines in long-term interest rates
that accompanied much of the recent news should increase mortgage market activity."
So, how does this impact you as a seller? This should give you some comfort that buyers will
still be able to afford to buy. As long as your home is priced competitively, it should sell, and
relatively quickly. Want to know more about how YOUR home fairs in this market? Give us a
call at (818) 621-9897
Now, let's look at what else has sold this week.
This week in Granada Hills we saw 11 homes sold. The selling prices ranged from
$227,000 - $854,900; for an average of $532,036. Homes were built between 1953 and 1991.
They range in size from 812sf - 2834sf. Lastly, the homes were on the market between 1 and
86 days, with an average selling time of 32 days.
Click here for details of all 11 properties sold.
I see dozens of homes a week, I'd love to share my insights with you.
Just give us a call at (818) 621-9897 or email me at amstone.realtor@gmail.com and let's see what you've done right and how we can help you sell your home quickly and painlessly.
I look forward to chatting with you soon.
Anne-Marie Stone
(818) 621-9897
Pinnacle Estate Properties
Cal BRE# 00923192
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