Keith Sorem's (keithsorem) Blog

Real Estate Market Report West San Gabriel Valley                                      November, 2009 Pasadena, Altadena, South Pasadena, and San Marino Looking at the last few 12 months it appears that the area peaked in June and has been on a slow decline back to where we were in May. The Marke...

Real Estate Market Report Sunland - Tujunga - Shadow Hills                   November, 2009 For the third month in a row the Market Activity Index has increased, climbing quickly toward a seller's market.   This is the second month in a row that prices have increased. Buyers have been taking adva...

Real Estate Market Report Northeast Los Angeles                                            November, 2009 Atwater Village, Eagle Rock, Glassell Park, Highland Park, and Mount Washington The Market Activity Index was lower than all other areas tracked- the lowest being the West San Gabriel Valley....

Real Estate Market Report         La Crescenta/Montrose/Glendale Annex           November, 2009  This area is holding at number 8 in Market Activity Index out of 22 areas.  Sometimes statistics are deceiving, and in CV over 40% of homes are selling within 30 days, so do not let the low Index fool...

Real Estate Market Report La Cañada Flintridge, CA                                     November, 2009 La Cañada Flintridge is continuing to retain the unique privilege of having one of the lowest Market Activity Indexes, moving down from number 6 to number 2 from the bottom.  Prices appear to hav...

Real Estate Market Report Glendale, CA                                                           November , 2009   The Market Activity Index increased to 0.69.  Sales are up and inventory continues to decline, resulting in some properties selling over asking price with multiple offers. Prices app...

Real Estate Market Report         Burbank, CA                      November, 2009 The Market Activity Index declined primarily due to two factors, a decline in new listings and a decline in closed sales.  The Federal Income Tax Credit of $8,000 was to expire on November 30th, so it may be that af...