So Cal Re Market Report/ Buyer, Seller & Investor Tips

So Cal Re Market Report/ Buyer, Seller & Investor Tips

October 5, 2021

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By Saeed Ghaffari

Saeed Ghaffari

Saeed is the founder of Money, Real Estate & More. With over 30 years of experience as a lender, investor and a real estate professional, he provides free consulting in these fields. To connect with Saeed, sign up for free / log in on moreandmorenetwork.com

 

Saeed Ghaffari

So Cal Market Beat

Buyer, Seller & Investor Tips

ECON 101 (Supply & Demand)

Table below shows the impact of the market trends and factors on our economy.

Featured Cities

 

SFR

Condo

 

MAI     $/sqft       Median       Avg.DOM

MAI     $/sqft       Median          Avg. DOM

92807

89        $504    $1,007,400       65

67         $510         $470,000     18

92808

75          $504   $1,198,800      18

89         $527         $640,944       0

Menifee

81       $255      $576,490         36

Inventory currently too low for a market report in Menifee, CA .

MAI: Market Action Index. MAI of 30 represents a balanced market between buyers and sellers. Over 30 indicates a seller market and below 30 is a buyer market.

Avg. DOM:  Average days on the market

Source altos.re

Buyers, Sellers & Investors: Seek the advice of an experienced local realtor for data specific to your market.  Work with realtors with skills and character you can trust, find them on our Real Estate Expert Panel on our home page.

5 Week Trends

In So Cal, there was overall a downward trend in current inventory with average of 0.35% overall decrease with the exception of Los Angeles & Ventura counties that showed respectively 0.15% & 0.42% decrease.  

New listings in the region showed upward trend with an average of 4.34% increase. With exception of Ventura County that showed 0.50% decrease. Older listings also went up by 2.33%.

New listings were 23.89% of total active inventory and older listings slightly went up to 11.62% of the active listings.

Coming soon inventory continued the trend from last week and went down by 1.61%.

Closed listings changed the trend from last week and went down by an average of 32.97% in So Cal.

For data specific to your local market, we have expert real estate professionals listed on M&M Expert Panel under the real estate column. Additional real estate services maybe found in M&M Business Directory. For free real estate and mortgage consulting, write to Saeed@moreandmorenetwork.com.

 

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So Cal Re Market Report/ Buyer, Seller & Investor Tips

Buyers, Sellers & Investors: Seek the advice of an experienced local realtor for data specific to your market. Work with realtors with skills and character you can trust, find them on our Real Estate Expert Panel on our home page.

Self Love

Here’s the difficulty, I believe, with even imagining what loving myself would look like. When admonished to love myself, I imagine loving the bundle of issues and complaints, the preferences and indulgences I am, my personality, my self-to-date. Yes, I could make sense of loving that guy unconditionally, that work-in-progress with all his foibles. But there are aspects of that guy, me, that—although I understand them—I’m not ready to embrace as-is, like my need to look good, my approval-seeking, my fear of authority and angry people, etc.

Awareness for 2022

We are all looking for improvement in our lives.
Love
Health
Wealth
Finances
Relationship
What I find interesting with the 5 areas above is that if I improve in one area only the other 4 just follow along.
What I personally find the easiest area to improve may not be easy for another person.

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