Don’t Like Your Home? Swap It For Another
As you’re all very aware, the real estate market has taken a nosedive in many areas of Los Angeles. Well, out of the current state of the real estate economy, comes the latest in housing transactions.
According to the Los Angeles Times, there are online sites which let homeowners list their homes not for a sale, but for a swap.
For years people have been swapping homes for vacations. Today, the idea of permanent exchanges is gaining support among disillusioned property owners struggling to sell in a glacial real estate market.
Although the number of completed trades isn’t being tracked, interest is such that several home-swap websites have sprung up in the last year and now claim close to 40,000 combined swap listings nationwide. Others appear regularly on Craigslist.org.
Fees run from free to a monthly fee. And you can also trade up or down by adding a little cash into the mix. Sounds like one way for folks looking to relocate to unload their homes and find the one of their dreams. What do you think?
On another note, here are some homes that have just been added to the market in the LAX area.
Playa Del Rey
8135 Redlands St., #107/2bd, 3bth/1,246 sq. ft./$609,000
Playa Vista
5721 S. Crescent Park W., #107/2bd, 2.5bth/1,808 sq. ft./$765,000
Westchester
6516 W. 84th Pl./3bd, 1bth/998 sq. ft./$625,000
