Real Estate Market Update

The Market – Los Angeles

Everything should be back to normal in the next month.. NOT!

The simple, painful reality is that you can not unwind a decade of overleveraging in a few months. The government can continue to slow down the pain but you can not cheat the market. It must hurt before it will get better. With that said it will get better.

In the meantime there are a lot of great opportunities for those who need a home for their family or those that have the means and like the idea of getting a great property for as much as 40% off.

The numbers…
From downtown to the Ocean. Check out these great visuals!

http://forms.themls.com/forms/la_times_news/11_02_08_LA_Times_Article.pdf
http://forms.themls.com/forms/la_times_news/10_05_08_LA_Times_Article.pdf

© 2004-2007 Jeffrey & Nadia Saad, JN Saad Realty