123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Business >> View Article

The Northeast Los Angeles Market Update You've Been Waiting For

By Author: Tracy King
Total Articles: 31

What a difference a year makes!


Within twelve short months the real estate market has done a complete turnaround:

Today there are 16 homes for sale in Eagle Rock. This time last year there were 42. In Highland Park there are 25 for sale, compared with 81 Highland Park homes for sale last year.

The number of buyers looking for a home is growing every day. As we talk with buyers at our open houses we're hearing less "I'm not sure we've hit the bottom yet" and more "I really want to buy a house now."

Most homes that are market priced are selling in multiple offers over the asking price. All of the homes we've closed escrow on this year received multiple offers.

The competition for homes is increasing every day. We recently submitted an offer for a client on a house that had 22 total offers, and went to an all cash offer.

Many buyers are paying all cash, are willing to close in a very short period of time and will offer a lease back option if helpful to the seller.

Interest rates continue to hover at historic lows.

Without a question, this is the best time to sell your home in the last five years.


If you are thinking of selling your home you might be very surprised at what a buyer will pay in today's market.


If you are interested in moving up, this is the perfect time. The opportunity to get a great price for your current home and buy a new home as values rise is incredible.


This could also be the ideal time to make a great real estate investment, whether you are thinking about buying or selling.


Real estate in Northeast Los Angeles is very exciting again!

Total Views: 71Word Count: 289See All articles From Author

Business Articles

1. One Of The Best Kitchen Equipment Manufacturers
Author: Paul Wright

2. Advantages Of Getting Listed In Online Construction Directory
Author: John Smith

3. How Radiologist Email Lists From Healthcare Mailing Change Your Business Perception?
Author: Richard Braxon

4. Choose Yourself As A Yoga Teacher With The Help Of Adinath Ashram
Author: Jack Stevens

5. Best Service Provider For Life Time Events In Pune
Author: biz porto

6. Crimping Your Own Earrings
Author: Nitesh Pathak

7. An Overview Of Surface And Chemical Analysis
Author: Tan Sean

8. Prorack Roof-racks Install With Smart-foot Technology
Author: Tony Bulic

9. Siib: The Changing Face Of Business Education In India
Author: Mohan Kumar

10. Things To Know About Coworking Spaces
Author: romyfernandis12

11. Things To Consider Before Opting For A Mailbox Rental
Author: romyfernandis12

12. Different Types Of Advertisement Print Products
Author: romyfernandis12

13. Advantages Of Hiring Professionals For Printing
Author: romyfernandis12

14. Data Cabling Through Wire Mesh Cable Tray
Author: Noah Gabriel

15. Pretreatment And Grit Removal From Sewage Water To Repurpose It
Author: Manoj Shukla

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: