It's Tom Hernandez of the iMarketLA team at Keller Williams Realty with links to recently listed homes in Studio City and Valley Village area of Los Angeles. Keeping up with new homes for sale is the key once you have cycled through what is already out in the market. Standard sale listings are now the dominant in our local inventory with short sale and bank foreclosure listings only representing a sprinkle of active properties for sale.
If your looking for properties that you can make a deal on then keep your eyes on homes for sale that have been listed for more then 90 days. Typically these properties for sale have shown that the "market" has spoken with having no bids on them. We have such a shortage of homes for sale right now that most homes that are priced with in reason will get a bid with in the first 30 days of being on the market. There are those special ones that will not follow the pattern but in most cases this will be the case. If your going to low-ball then you have a better shot with properties that been on the market a long time.
With so many properties getting multiple offers on them, listing agents are not only looking for offers with the best terms but also at the selling agent's reputation for closing transactions or being active in the area. I offer over 20 years of real estate experience, working in escrow, finance and sales. If you have a property to sell before you can buy, contact me now as I specialize in these types of transactions. Visit my website at iMarketLA.com or for more details on any homes feel free to contact me at 818-402-6508 or email me at ctomsell@gmail.com.
Search For Newly Listed Studio & Valley Village Properties here
Ask Me a Qestion about the Real Eatate market condtions. I will get back to you with in 24 hours.
A special thanks to those real estate agents for taking quality listings.
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