Comments on: Multiple Offers on this West L.A. Condo http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html Redfin Los Angeles Sweet Digs Sun, 22 Nov 2009 17:43:07 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: No housing rebound for five more years? | Redfin Orange County Sweet Digs http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html/comment-page-1#comment-18555 No housing rebound for five more years? | Redfin Orange County Sweet Digs Tue, 14 Oct 2008 14:56:53 +0000 http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html#comment-18555 [...] However, that doesn’t mean no one will be buying houses for five years.  People are buying houses now. This weekend, I visited several open houses in West L.A. All of the properties had received recent offers, and one had five offers on it. [...] [...] However, that doesn’t mean no one will be buying houses for five years.  People are buying houses now. This weekend, I visited several open houses in West L.A. All of the properties had received recent offers, and one had five offers on it. [...]

]]> By: Cindy Allen http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html/comment-page-1#comment-18510 Cindy Allen Mon, 13 Oct 2008 22:37:25 +0000 http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html#comment-18510 Hi, Scott: Thanks for posting. You've confirmed what I observed: that a lot is selling in that $600K-$650K range in Westwood. A lot of agents told me that obtaining financing is a problem; what have you observed in that regard? Hi, Scott: Thanks for posting. You’ve confirmed what I observed: that a lot is selling in that $600K-$650K range in Westwood.

A lot of agents told me that obtaining financing is a problem; what have you observed in that regard?

]]> By: Scott McIntosh http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html/comment-page-1#comment-18493 Scott McIntosh Mon, 13 Oct 2008 19:57:42 +0000 http://blog.redfin.com/losangeles/2008/10/multiple_offers_on_this_west_la_condo.html#comment-18493 Hi Cindy, I also just had a townhome on the Santa Monica / West LA border and had multiple offers (5) a few weeks ago. There has been a half a dozen or more with the same situation over the last month or so. A property on Ohio in WLA had 9 offers on it and went $16k over asking, one on Texas had a few offers, one on Butler had 4 offers, another on Centinela with multiples, 1 on Missouri, etc.. The fact is it happens in this market despite what people may think. I'm not saying the whole market is like this..I'm not saying real estate isn't going to fall...etc etc.. I am just stating some recent occurrences that may surprise alot of people. These half a dozen properties are all close in proximity and between $549-$675,000. Hi Cindy,

I also just had a townhome on the Santa Monica / West LA border and had multiple offers (5) a few weeks ago. There has been a half a dozen or more with the same situation over the last month or so. A property on Ohio in WLA had 9 offers on it and went $16k over asking, one on Texas had a few offers, one on Butler had 4 offers, another on Centinela with multiples, 1 on Missouri, etc.. The fact is it happens in this market despite what people may think. I’m not saying the whole market is like this..I’m not saying real estate isn’t going to fall…etc etc.. I am just stating some recent occurrences that may surprise alot of people. These half a dozen properties are all close in proximity and between $549-$675,000.

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