Health & Fitness
Sold On Westwood: 2012 Real Estate Forecast
Real estate forecast for 2012 - the dip is over and the market is heating up.
Real Estate Flash! Forecast for 2012!
People are wondering if the dip in the market is over. Is it a good time for buying or selling? Are we still skating along the rim of doom or has the climb started to the boom?
The real estate stats are in and it is clearly a move up - positive in all areas. A golden opportunity for both buyer and seller.
Find out what's happening in Westwood-Century Citywith free, real-time updates from Patch.
How unusual are these times that you could be a winner in either direction. Interest rates still the lowest in history, making it a double win. Buyers can buy cheaper then ever and it is now possible for sellers to sell. Lenders are no longer holding back. Win! Win!
Want to see some examples?
Find out what's happening in Westwood-Century Citywith free, real-time updates from Patch.
A Penthouse on Wilshire has already sold this year for almost $2 million and it closed escrow in 20 days. Even more exciting is a house that sold and closed escrow in only 14 days in Little Holmby. It sold for just under 3 million dollars! The home was a perfect example of early California architecture that is all over Westwood. A beautiful home with all the accoutrements.
These are just 2 of the 26 solds that have already happened for 2012 in Westwood and this is just 2 weeks into the year!
Our little community of Westwood is on the verge of big things. Real estate is heating up, the Village is starting to rebuild, refurbish and renew. I have talked about our high rises and the Village but nothing south of Westwood Blvd. How urbane is this community of Westwood? There are sophisticated Persian restaurants, Mediterranean markets and exotic bakeries up and down the street. Thus making it the largest enclave of its kind in Los Angeles. What a delicious collection of delights.
2012 has just begun and the forecast is ferocious.
Keller Willams Realty
