Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Playa Vista, CA Condominium Market Report for the month of July, 2011
Playa Vista, CA Condominium Market Report for the month of July, 2011
I just returned from being on the East Coast in Boston, MA. Hence two of my Market Reports are late. Hope you did not have to wait too long. Anyway let me jump in and give you the Playa Vista, CA Condominium Market Report now.

Finally the Debt Ceiling cloud is resolved for now and buyers and sellers of luxury Condominium in Playa Vista can return to what we call the ‘normal real estate market’. When I say ‘normal’, I am referring to the new “normal” in today’s turbulent economic times.
The long term ramifications are unknown at this time. Once thing is clear there will be an economic slowdown for a number of reasons. One important reason is the Economic uncertainties in Europe, particularly Greece, Spain and Italy. You might be wondering, what effect will this have on the Playa Del Rey, CA Condominium Real Estate Market?
The answer is very clear Mortgage Rates have been falling dramatically and we are back to historic low interest rates. Hence the historic low prices coupled with the historic low interest rates create a fantastic opportunity to step into the ... more

__________________________________________________
Are you on The Rain? Grow Your Network!