Northridge, Porter Ranch, Sylmar Single Family Home Update

PARIS911.COM CLIENTELE

PROJECT

DATE CLIENT06.23.2014

NORTH SAN FERNANDO VALLEYSINGLE FAMILY RESIDENCES HOUSING UPDATE

Granada Hills

Northridge / Porter Ranch

Sylmar

Market take-a-waysThe shift is continuing from a Sellers market to a Buyers market

However, with the current balance of inventory, the market is flattening out with regard to prices and activity

With the addition of the “new” summer inventory - we may have sellers outpace themselves in the market

Paris911 OpinionOver the next 6 months we will see the change over from a sellers to a buyers market.

Expired real estate listings will be much more prominent.

With the addition of real estate inventory, above and beyond current buyer need, we will see the relaxation of real estate prices…

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