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The Southward Group

Southern California and Los Angeles Real Estate

Happiness cannot be traveled to, owned, earned, worn or consumed. Happiness is the spiritual experience of living every minute with love, grace and gratitude. — Unknown

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Southland home sales, median prices on the rise!

Santa Monica,Ca---Southern California home sales eked out a modest gain in January compared with a year earlier but fell sharply – as they normally do – from December. The median price paid rose above the year-ago level for the second consecutive month, but fell 6 percent from December as foreclosures and lower-cost inland markets claimed a higher share of sales, a real estate information service reported.
Note : Dataquick ...
Keywords : reo market

The 10 Must-Have Features - New Homes

Santa Monica,Ca -- Americans want smaller houses and they are willing to strip some of yesterday's most popular rooms -- such as home theaters -- from them in order to accommodate changing lifestyles, consumer experts told audiences at the International Builders Show in Las Vegas this week.
Note : Copyrighted, MarketWatch. All rights reserved.

The Luxury Market: Glut of Megamansions will affect your pricing.

Los Angeles has too many megamansions and not enough buyers, reported Katherine Clarke for The Wall Street Journal. Real-estate agents and developers are turning to themed parties, gimmicky amenities, and $100 million price cuts to get the megamansions off the market. From LA to NYC, gimmicks and price cuts are being used in big cities nationwide, signaling a slow luxury real estate market.
Note : courtesy of Hillary Hoffower

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