On June 10th, the LA Times ran a story on the front page of paper that detailed the fierce competition that buyers are experiencing during the home buying process. It’s official – it’s not gossip, and it’s not speculation: this is happening, people! Bidding wars are back, so buyers need to understand the process and have some strategies in place. Continue reading

If you are someone who doesn’t follow the housing stats or obsess over the local real estate market, then you may not have heard the latest news in the Los Angeles area– we are experiencing (gasp!) a seller’s market. How is this possible? It’s pretty simple: with the economy improving and interest rates staying low, buyers are finally feeling confident enough to get back into the market. Continue reading

With the housing crisis still looming in our rear view mirrors, many potential buyers are unsure as to whether they are ready to move full throttle into to the housing market this spring. Some consumers have gotten so used to waiting for the “bottom to drop out” in their areas that it is difficult for them to recognize the signs that are now tentatively pointing towards a long-awaited recovery. Continue reading