1st Time Homebuyers, Blog
Number of Woodland Hills Homes In Escrow up 55% over last year
June 8, 2009 by Florence Foote · Leave a Comment · Permalink ·
It appears that home buyers have finally been coming out of the woodwork lately. Looking only at single family detached homes in Woodland Hills, the number of properties going into escrow has been leaping recently. The latest figures from SROAR comparing May 08 to May 09, show an increase of 55% of such homes going into escrow. I would not be surprised to see this trend continue, at least if the interest rates stay relatively low (and they still are, even after the latest uptick).
Click for larger version.
My specialty is identifying suitable properties for both investors and homebuyers in the Los Angeles area. I know that there are a lot of great opportunities at today's prices whether you are looking for a place to live, or seeking cash flow and/or potential long term appreciation. Since I am an active investor myself -- you can be assured that I am constantly scouring the market for great deals, and I know how to recognize what is a good deal when I see it. If you want to learn more about my real estate investment philosophy, and the way I prefer to work with clients, please check out my 