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Market Report for the month of August 2009 Playa Vista, CA.
The Market Report for August 2009 for Playa Vista, CA. is quite different from the previous month. There is a larger inventory to choose from. There are currently 40 Active listings about a 7.5% increase in the inventory from previous month.
 The Pending inventory consists of 15 buyers who have not removed their contingencies and 11 who have for a total of 26 which is an 8.5% decrease from the previous month.
 There has been a 7% drop in the Sold as well month over month. This is the first time in eight months we have seen a decline. 
 Playa Vista community is different from the neighboring communities, since it is a Planned Urban Development and it is a very new project. Hence you either love it or you don not. Interestingly this community is the next door to Marina Del Rey, where for the eight month in a row the numbers have increased.
 I just want to remind everyone, that the first time buyer's Tax credit is nearing its end. Therefore do not miss out on it.
If you are a consumer  who is considering buying  or selling  a home, investment real estate, vacation homes, or beach properties in Southern ... more

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