The San Fernando Valley Local Market is Rebounding, Sales of Single Family Homes Increased For The Four Consecutive Month in April, Posting The Year-To-Year Gain in 30 Months. acording to Southland Regional Association of Realtors.
Since September 2005, Has The Monthly Total Been Higher Than The Prior Year. The 547 Sales Closed in April Was Up Dramatically Compared To April 2007 with 100 Transactions, or 22.4% Higher.
The April 2008 total sales was up 31.5% Above March same year, It Has Been Climbing Month After Month Since January 2008, Spring Home Buying Season Gets Under Way and Lenders Start Writing Loans Again.
Home Buyers Started Noticing The Opportunities in Investing In Real Estate While The Prices Remain Low, Particularly First Time Buyers and Investors.
April 2008 Median Home Price Was $465,000 Comparing to $655,000 in June 2007. The Number of Active Listings At The End of April was 7234. There is a 10.4 Month Supply of Inventory of Properties. We Are In A Buyer's Market.
Ben Bernake Declared Today 06/11/08 That Interest Rates Will Increase On The Next Fed's Meeting.
Showing posts with label interest rate. Show all posts
Showing posts with label interest rate. Show all posts
Wednesday, June 11, 2008
Subscribe to:
Posts (Atom)