Keith Sorem's (keithsorem) Blog

All markets go through cycles, and Burbank is no exception.  For the last two years we knew that Burbank was experiencing a buyer's market and the question has always been "when is it going to hit bottom?".  My answer has always been the same, that we will know until two or three months AFTER the...

Glendale, like most markets in Southern California, has seen a shift from a seller's market to a strong buyer's market.  Fueled by the mortgage meltdown in August and September of 2007, the number of buyers qualified to purchase homes has been severely decreased due to more restrictive lending gu...