Michel Bron
Phone:
(888) 657-4740
Mobile:
(310) 467-8042
Pager:
DRE Lic# 01315435
Fax:
(323) 297-2872

Email


Office:
Hollywood Hills
9000 W. Sunset Blvd.
Suite 1100
West Hollywood, CA 90069

Logo


Property values have gone up again Nationwide for the second straight quarter!
According to a recent housing market report (tue 11/24/09) and eventhough real estate home prices nationwide are still approximately 9% down from last year, they have gone up again by 3.1% as of the last quarter ending Sept 30th, which is pretty much the same increase from the second quater ending in June.
So eventhough the nationwide average prices are still down 8.9% compared to last year's 3rd quarter, it is still a notable difference improvement from the dramatic decline that we experienced last year, same period, of 14.9%! Compared year to year, prices had dropped a whopping 19%!
In my opinion, even though the improvement is not huge in terms of numbers, it is still a huge improvement just by the fact that prices are no longer going down but they are instead going up!!


It's a Buyer's Market!!!
Lowest Prices in Los Angeles in 5 years!
Lowest Interest Rates in 40 years!!!

Owning vs. Renting, it makes sense!

Check out just a few examples of great bargains below:
                                                           

Location  Photo  Asking Price  Sold Price!  Price Reduction!
Condominium:                                         933 15th Street #C, Santa Monica, CA. 90403    $1,329,000  $1,135,000  $194,000 Reduction!

Condominium:                    325 N.Oakhurst Dr. #202, Beverly Hills, CA. 90210

    $1,299.000  $1,000,000  $299,000 Reduction!
Condominium:                   324 N.Palm Dr. #401, Beverly Hills, CA. 90210    $899,000  $675,000

 $224,000 Reduction!
Condominium:                       300 N.Swall Dr. #205, Beverly Hills, CA. 90211    $1,495,000  $1,175,000  $320,000 Reduction!
Condominium:                         318 N.Maple Dr. #106, Beverly Hills, CA. 90210    $949,000  $835,000  $114,000  Reduction!
House:                                                 2608 Stongs Dr., Venice, CA. 90291 $2,200,000 $1,862,500 $337,500 Reduction!
House:                                         8925 Rosewood Ave, Los Angeles, CA. 90048    $1,625,000  $1,200,000  $425,000 Reduction! 
House:                                     9031 Ashcroft Ave, West Hollywood, CA. 90048    $1,299,000  $1,175,000  $124,000 Reduction!
House: 409 Westbourne Ave, West Hollywood, CA. 90048    $925,000  $825,000  $100,000 Reduction!