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Few homes for sale means values will stay high

by Southern Californias Top Producing Mother & Son Te

The reason we believe values will stay right where they are is because of inventory.   When we looked at last month's active listing activity we couldn't believe our eyes!  We have officially hit the lowest amount of inventory in over 4 years.  In December there were only 1,189 active Listings on the market.  A new record low.  That can only mean that home values will continue to remain at current levels and most likely inch higher in the coming months.  There just aren't enough homes for sale for buyers to make "Low Ball Offers" on.  The days of low ball offers are gone.  If buyers aren't offering at least asking price for a home they see active on the market, they are not ready for this market.  There are limited amount of homes out there and tons of buyers to pick and choose from. 

 

New California Laws you need to know about

by Southern Californias Top Producing Mother & Son Te

It's always good to be in the know of new laws that get updated in our state.  We all know the popular ones like, no texting while driving.  Some of the laws we have no choice but to learn the hard way like plastic bags being banned in super markets.  It's always a pain in the butt when you have a full cart of groceries, you forgot to bring your own bags and now you're stuck either paying big money for plastic bags, or you're walking out the front door of the super market holding all your groceries in your arms.   I have to admit that happened to me... No I didn't buy the bags.  I ended up having to pick up one thing after another as I made my way to my car. 

Here's a list of all the other laws that would be good for you to know about.  As always if you know anyone looking to buy or sell let us know!  Contact Maria direct at 877-883-1003.

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Photo of The Mother & Son Team - Maria Palacios & Chris Gon Real Estate
The Mother & Son Team - Maria Palacios & Chris Gon
Berkshire Hathaway HomeServices, California Properties
16911 Bellflower Blvd
Bellflower CA 90706
(877) 883-1003
Fax: 562-381-9113