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I've been reading that here in Santa Monica's South Bay that homes are taking longer to sell and selling at less that asking more often. There are more homes on the market because those homes that are for sale aren't selling quickly. RE Brokers seem to think it's good because it is giving people more options and I don't think that's bad. The house across the street from me has been for sale for at least two months and it's a very nice (ordinary) small house. The one around the corner which is amazing and has a BARN where the owner used to build sand rails. It's 4Br and 3 Bath located in a great neighborhood with excellent schools. Of course the price is just over a million and it's been on the market for at least a month.
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-The Mikester
I heart Boobies
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