Ramsey Shilling, Real Estate, Los Angeles area

 

 

Your Home’s Value
Your home's value depends on many factors, including its style and size, amenities, condition and, of course, location, location, location. In addition, the value of your real estate investment can be affected by market conditions: interest rates, supply and demand and the overall strength of the economy.

Our Ramsey-Shilling Associates keep abreast of changes in the home sales market and can provide a fair estimate of a home's worth. In addition, we have access to comparative sales data.
For most of us, our home is more than a house and more than "just" an investment. Knowing the value it holds can have a significant impact on how we achieve our financial goals. Call us to find out more about assessing your home’s current market value.

Market Conditions Explained
The real estate market is always changing. It helps to understand how market conditions can affect your position as a seller. Ramsey-Shilling Associates will explain the market conditions at the time you are considering selling your home and advise as to the perfect marketing strategy to get your home sold for the most amount of money, in the least amount of time, and with the least amount of stress.

Email your request for a
FREE Market Analysis of your property to:

info@ramseyshilling.com

Questions?
Don’t hesitate to call us for more information
Toluca Lake: 818-763-5162
Hollywood Hills: 323-851-5512
 

UNDERSTANDING MARKET CONDITIONS

Market Conditions

Characteristics

Implications

Buyer's Market: The supply of homes on the market exceeds demand.

High inventory of homes. Few buyers compared to availability. Homes on the market longer. Prices tend to drop.

More time to look for a home. More negotiating leverage.

Seller's Market: The number of buyers wanting homes exceeds the supply or number of homes on the market.

Smaller inventory of homes. Many buyers. Homes sell quickly. Prices usually increase.

May have to pay more. Make decisions quickly. Conditional offers may be rejected.

Balanced Market: The number of homes on the market is equal to the demand or number of buyers.

Demand equals supply. Sellers accept reasonable offers. Homes sell within an acceptable time period. Prices generally stable.

More relaxed atmosphere. Reasonable number of homes to choose from.



Ramsey-Shilling Associates
 
info@ramseyshilling.com
Serving Burbank, Glendale, Hollywood, Toluca Lake, North Hollywood, Sherman Oaks, Encino, Santa Monica, Beverly Hills, Pasadena,
Woodland Hills, Malibu, Ventura, and many other communities throughout Southern California.
Copyright 2011, Ramsey Shilling Associates, All Rights Reserved

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