SoldWATCH Northridge: 01/19/16
- Anne Marie
- Jan 19, 2016
- 1 min read
SoldWATCH Northridge
The housing crisis is finally in the rear view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It seems that 2016 will be the year that the housing market again races forward. However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory.
Let's look at what's happening locally.
This past week we saw 3 homes sell in Northridge, it sold for $355,000 - $688,000 and had a total of 1,280 sf. - 2,655 sf. The dates the houses were built range from 1963 - 1997.
While buyer demand looks like it will remain strong throughout this winter, supply is not keeping up.What does that mean for you - as a homeowner? If you are thinking of selling, now may be the time. Demand for your house will be strong at a time when there is very little competition. That could lead to a quick sale for a really good price.
Since you're already reading this, you're getting an idea of the prices of home in your area.
What's the next step? Let's figure out what YOUR home is worth in comparison. There
are improvements you've made, all the little customizations add up. You can share
those with us and we'll get back to you with a PinPoint Price Analysis on YOUR home.
Click here to find out more.
We look forward to chatting with you soon,
(818) 621-9897
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