Silver Lake Home Sales, July 2010

Inventory, in general continues to climb; sales are down or flat June to July depending on the area.  Continued drops in interest rates are fueling some sales but not as much as some “experts” assume they should. The arguement: There are some fantastic buys out there right now and the historically low interest rates should out weigh the spector of  a double dip in property value as the savings (over 15 to 30 years) are significant.

Sold in Silver Lake/Echo Park 7/2010 –  22 units. Pending and Listed during the month 14/25

If you’re looking for more specific information on Silver Lake or other areas please contact me with the details. Also be sure to become a fan of Silver Lake Real Estate and Echo Park Real Estate on Facebook!

Source: MRMLS

For more information regarding this post or other real estate information contact Robert Dixon at RE/MAX Palos Verdes Realty (310) 703-1848 or email info@robertdixon.net. Content of this or any other post is presumed to be accurate but not guaranteed.

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