Thursday, January 29, 2009

The FIXER you have been waiting for!

Fabulous Ocean, Catalina and Trump Golf Club Views from this Rancho Palos Verdes Fixer. The price is $849,000 (not a misprint) for a quick sale. Heirs are not up to the work needed to bring this home up to date. This is the bargain you are looking for!
3924 Exultant Drive, Rancho Palos Verdes. Call for an appointment to see today. This will not last long.

Wednesday, January 07, 2009

Let's look at some Stats

As you can see on the graph, the number of unsold listings is coming down in the South Bay area of Los Angles. In July there was 957 listings vs 705 at the end of November. It will be interesting to see the December figures which will come out in Mid-January. What has happened? Interest rates have come down to historic lows and people who don't have to sell aren't selling. Then there are those that just want to get through the holidays. I would be interested in your comments. Happy New Year!