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dogma
XYZ
Premium
join:2002-08-15
Boulder City, NV
kudos:1

2 edits

reply to 81399672

Re: Home Values going down the toliet?

www.realtor.com shows 163 properties currently listed in North Hollywood between $550K and $450K. These include both Condos and SFR's.

There are 50 Condos and SFR's listed in Woodland Hills, Canoga Park, and Calabasas today under $550K.

I choose $550K as an up-limit because these are all asking prices in a buyers market. I would bet 5 of these sell for 10% less than asking...if they sell at all this year.

ziprealty.com list 223 homes for sale in Burbank (at any price) as of 2/28/07. 3 years ago, 2/28/04 there were 34 homes for sale in Burbank. This simply illustrates supply/demand, which you and I have agreed is a law.

Ylen, I know Calabasas is a gang-infested, high-crime area with a shitty school system that you may not label as "good" , but there are homes one can buy today at $450K.


81399672
Premium
join:2006-05-17
Los Angeles, CA
kudos:2

yes you can buy a condo for 550k, i can even buy one that is new but then i also know 3kqft that recently sold for 1+ mil (about 20 of the houses) so it all depends what you looking for. I usually look at houses with sqft around 2k+
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i am not a lawyer but I do play one on tv


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