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It’s Shaping Up to Be a Great Spring for the Housing Market

May 08, 2012

The spring season usually starts shaping up in March and goes until June, but this year thanks to unseasonably warm weather in many parts of the United States it may have started early.

Spring is the litmus test for the overall housing demand. Current home sales in February were up 9% from last year, and the Pending Home Sale Index was up as well. And according to a late February NAR survey of 4,300 agents, Realtors’ confidence in the single-family home market is also looking strong. Economist Paul Dales of Capital Economics says this spring season should be “the best we have seen in the past four or five years.”

Of course not every market will move in unison, and spring sales will be a great indication of which ones are headed in which direction. Veros Real Estate Solutions forecasts that home prices overall will drop less than 1%, but 40% of 321 metropolitan areas will see prices rise.

Phoenix is at the top of that list, and will see a 5% price gain this year. Denver is also seeing rising prices as their supply of homes drops as well. Some non-distressed homeowners are still reluctant to put their home on the market, but not all of them. In Central Pennsylvania residents saw a 30% increase in new listings early this year, and the trend has continued into spring. Overall spring is shaping up to be a very positive season for the housing market.

For more information on Market Conditions in LA please contact Brittany at 310.956.9385 or visit the website for more information.

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Brittany Sells LA

SOLD: Spacious traditional in the red hot North Hollywood neighborhood

06 May, 2021

5648 Irvine Avenue, North Hollywood, CA 91601 Represented buyer – Sold for $ 1,165,000 – ($14k under asking!) 3 Bedrooms | 3 bathrooms | 2,302 sq.ft. MLS # SR20203879CN

Celebrating 10 Years

06 May, 2021

Wow! 10 years! When I first embarked on this journey I had NO idea I would fall so hard for this career. I couldn’t fathom the places it would take me, the amazingly wonderful people I would meet ♥️ and the opportunities it has afforded me. I never imagined this career would be so rewarding or fulfilling. It’s what keeps me going. What makes me feel alive. My one, true love. Most Realtors change offices many, many times over. I have remained true and loyal to the company which gives back so much. Keller Williams Los Feliz is my family. It’s the place I have made some of my first and best friends. Where I sold my first house where so many memories have been made. I wouldn’t be where I am without the support of this office and the people I’ve met along this incredible journey. I am eternally grateful. I have to send a huge shout out to my amazingly wonderful mom. She never stopped believing in me and encouraging my dreams. Thank you to Gary Reavis for being such an inspiration and ally in my life and career. You helped make this super fun and contributed to so many of my wins! To my amazing mentor when I was a weeee young clueless Realtor, Kenya Reeves-Costa (and for giving me the BrittanySellsLA branding idea). To our new team leader, Brock Worthen for continuing to inspire, cheer, and root for all your agent’s successes. I know I didn’t win an Oscar or a Grammy here, but making it 10 years in a cut throat industry is an accomplishment worthy of thanks and honorable mentions. I didn’t get here on my own. So here’s to the next 10 years. To the highs. To the lows. To the lives I am blessed to change and to all the remarkable people I have yet to meet. Perhaps the biggest thank you of all goes to each and every one of my sweet clients who trusted me over the past 10 years to find them their American Dream! It was a huge honor. Love you all and thank you for your continued referrals. I wouldn’t be here without YOU! Sincerely, Brittany Walter

JUST SOLD! Closed in 17 DAYS: Remodeled Valley Townhome

19 Feb, 2021

8801 Cedros Avenue #25, Panorama City, CA 91402 Represented buyer – SOLD FOR $457,000 2 Bedrooms | 3 bathrooms | 1,476 sq.ft. MLS #SR21019913CN Our first day out in this insanely competitive market my clients fell in love (the wet bar sold them!). We beat out 9 other offers to secure their very first offer, ever on this charming Valley townhome. The kicker, my lender was able to close the deal in 17 days for my clients. 17 days! This place is so light and bright and even has a skylight! The new owners are over the moon.

Sold: Prestigious Del Amo Woods home

27 Jan, 2021

23917 Pasatiempo LN, Harbor City, CA 90710 Represented Buyer 4 Bedroom | 3 bath | 2,354 sq.ft. | 7,056 sq.ft. lot | Sold for $820,000 MLS #DW20244732MR My client had been looking for a home for FOUR years with another agent, but when she contacted me last summer – we got to work! In just a few months we saw upwards of 100 homes until we finally found the one. Even better, I was able to negotiate a $30,000 credit!