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socal home prices- record breaking

Apr - 30 | | no comments. | blog

Hello Friends, just want to share this great article about the
Real Estate Market in the Los Angeles, Area.  It is crazy, prices are at its peak.

Southern California home prices soared to all-time highs in March, pushing values further out of reach for some buyers and causing others to stretch their finances more than expected.

Home sales, meanwhile, dipped from year-ago levels due mainly to a persistent lack of inventory.

The median price of a Southern California home – or price at the midpoint of all sales – hit a record $519,000, up $40,000 or 8.4 percent from March 2017 levels, real estate data firm CoreLogic reported Monday, April 23.

full article here  <<<


picture below,  Buyer having a hard time to buy a property.  Seller are getting lots of offers,  click image for full article




My opinion:

Real Estate has its cycle.  Currently, We are at its peak, meaning, sellers are getting great offers for their properties.
Today, is the time to Sell.  Demand of buyers are everywhere.

Just curious about how much your home is worth??  find out here in 1 minute.

In the Moment, For the Moment

Ruth Ortiz, Broker

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