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Local Real Estate Market Update
Welcome > Local Info > Local Real Estate Market Update ...

About the Westchester, Playa del Rey, Playa Vista and surrounding communities Real Estate Market 

The real estate market has adjusted from the hectic pace prior to 2007. The market has shifted to a different pace with foreclosures and short sales having a significant impact on the economy and real estate market. Homes that are well-priced are selling to buyers who can qualify for loans. Lenders are much more cautious and discerning although the interest rates are still extremely favorable.  

If you're ready to buy or sell, I'm at your service to expertly counsel you and guide you successfully through the entire process. 

Which neighborhoods offer the best values and lifestyle? It's my job to help! Ask me any question, or request my relocation package of information on Westchester, Playa del Rey, Playa Vista and the surrounding communities. There's no obligation, and I will respond quickly... 

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Real Estate Tips
For Sale By Owner >Not the Best Investment

Some homeowners try to sell their own home, believing that they are as capable as a real estate agent of handling a property transaction. But according to statistics, only 8 to 10 percent of "FSBO" transactions actually close, and many end up in litigation.

If you choose to buy a home with a realtor's help, you substantially reduce your risk. Buying real estate involves more legal and financial repercussions than most people realize. Realtors are licensed and highly regulated professionals who are equipped to deal with the complex issues that arise. For example, if the FSBO seller holds your earnest money deposit, how will you as the buyer go about getting it back if the deal does not close? What will you do if the seller refuses to correct defects in the home or treat a termite infestation? Who pays for re-wiring the house if the electrical system does not meet current codes? What if there are liens against the property?

As a buyer, you have rights written into the sales contract. An experienced agent knows how to protect those rights while negotiating the best price and terms on your behalf.

See All Tips In The "For Sale By Owner" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?

A 
The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919.
See More Real Estate Trivia >


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Bob Waldron, REALTOR®, real estate agent and broker for Westchester, Playa del Rey and Playa Vista, California home listings, property and land for sale - NUMBER1EXPERT

Bob Waldron
Coldwell Banker

5450 Lincoln Blvd
Los Angeles, CA 90094
Direct: 310-337-9225
Office: 310-305-4200 x122
Fax: 310-301-1089
DRE: #00416026
Email: bob@bobwaldron.com

Bob Waldron, your real estate resource at Coldwell Banker, is a leading Realtor in Westchester, Playa del Rey, Playa Vista and surrounding communities on the west side of Los Angeles. With over 35 years of real estate experience and knowledge, Bob provides both buyers and sellers with excellent market expertise and unsurpassed professional service. Contact Bob to experience the knowledge, skills and advantages he offers when you purchase and sell real estate.

Equal Housing MLS REALTOR


Coldwell Banker real estate and homes for sale in Westchester, Playa del Rey, Playa                      Vista and surrounding communities California NUMBER1EXPERT Diamond Logo

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