2014 so far…in Review – Santa Monica 90402 Real Estate Report

Salutations North of Montana! Deborah Silverstein here, your local North of Montana area specialist, reporting on all things realty related north of Montana Avenue in Samo. After an exciting 2013 that saw a great market rebound, higher price tags and increased demand — we find our market at a standstill. A dismal lack of inventory and unrealistic seller prices are stifling activity in the neighborhood.

One thing that has remained a constant over the last several decades in this market are seven year cycles. Taking a look back at the last real estate boom, we find that we are in the year 2006-07. Now is the time to getyour home listed on the market and reap top dollar Don’t end up like so many other victims of 2008.

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