The View From Westwood: The Market Remains Strong
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He writes, ‘A question I get asked frequently at my open house, ‘When are prices going down’ ... what is fueling this question is an abundance of media coverage and headlines saying that the market is in trouble and prices and sales are going down. Most of these national or even regional articles that are being reported, do not have anything to do with whats going on in the Westside market. The market in West LA remains strong.’
More: ‘The Westside of Los Angeles is experiencing a very normal market. Some properties selling very quickly and some taking a little bit to sell. Overall the inventory level in this area is fairly low and that helps to contribute to the prices remaining stable...’
Photo Credit: UCLA