Red Card Realty

Seller’s Advantage This article talks about the basics of economics: supply and demand There is less supply, there fore more demand, and prices go up, and because interest rates are so low, more people are NOW buying the higher priced homes. Those are the ones that are going quickly. You get more for your money right now. This has led to the fastest sales growth in decades.... Low housing inventory is pushing up the home prices and making more competition with buyers.This will eventually outweigh the benefits of low interest rates and will make buying a home more unaffordable. California housing market continues recovery as median home price breaks $700,000 mark, C.A.R. reports. This is a high number. Low rates and tight housing inventory are contributing factors to the statewide median price setting a new record high three months in a row from June to August, said C.A.R. Senior Vice President and Chief Economist Leslie Appleton-Young. A change in the mix of sales is another variable that keeps pushing median prices higher, as sales growth of higher-priced properties continued to outpace their more affordable counterparts. Right now is a good time if you are a seller, bottom line. https://www.car.org//newsreleases/2020releases/aug2020sales

Red Card Realty Happy Autumn - First day of Fall Being from the East Coast, Fall has always been my favorite season.crisp air, clear skies and smells of leaves, football season and heavy jackets! "I would rather sit on a pumpkin, and have it all to myself, than be crowded on a velvet cushion."... - Henry David Thoreau Laurie Baral Making Real Estate simple for you! [email protected] www.redcardrealty.com Agoura Hills 323-702-2532

To rent or buy? What is more cost effective? https://www.keepingcurrentmatters.com//the-cost-of-rentin/

August looks bright https://www.car.org//newsreleases/2020releases/aug2020sales

Great article by the Los Angeles Times! https://www.latimes.com//buy-home-covid-pandemic-price-mor