From David's @BeachCitiesRealEstate Page on FB

Showing posts with label Inventory. Show all posts
Showing posts with label Inventory. Show all posts

Monday, March 11, 2013

Home buyers face dilemma with shortage



Even the general media is beginning to admit it! Inventories are very low in most major cities, including the South Bay beach cities. But rates are even lower! – David

http://www.sfgate.com/business/networth/article/Home-buyers-face-dilemma-with-shortage-4342162.php

Wednesday, October 12, 2011

Do the Research: South Bay Home Inventories are Not High!


Do the research! Here are the actual levels of single family homes for sale in the South Bay Beach Cities and El Segundo.  

Note that although many factors would characterize this as a "Buyers Market," the level of inventories is low.  This represents an opportunity for sellers to list their properties at a time when competition is quite limited, and when low interest rates make mortgages affordable to your target buyers.  This is a "seam" in the marketplace that smart sellers can use to their advantage. 

Charts like this and in much greater detail, updated daily, are always available at www.BeachCityDigs.com by clicking on the "South Bay Market Data" tab.   - David

Wednesday, January 27, 2010

Hagerty's Quarterly Housing Report - The Wall Street Journal Online

Housing inventories declined 23.8% in the fourth quarter of 2009 to 4.7 months supply. South Bay numbers are better yet. - David

Hagerty's Quarterly Housing Report - The Wall Street Journal Online

Friday, December 18, 2009

Months Supply of N. Redondo Homes Continues 2-year Decline


The number of months of inventory of homes in North Redondo Beach continued its 2-year decline, reflecting an increase in the pace of sales and a reduced number of homes hitting the market. - David

Manhattan Beach Inventory Lowest Since Dec. 2007



As seen in this chart, the inventory of homes on the market in Manhattan Beach has been trending downward since March of 2009 and is at its lowest level (170 homes) since December of 2007!  Contact me for comprehensive, up-to-date statistical information by market. - David