HOA Dues and Buyer Perception of Value
It is no secret that Playa Vista has higher than average HOA dues for Los Angeles with combined dues ranging from high $400’s/month to low $1,000’s/month. While you tend to get what you pay for, this added cost, which people argue is not tax deductible, clearly has an effect on buyer …
Multiple Offers Frequent in Playa Vista and California
If you’re in the market to buy, you’ve probably sensed there is a lot of competition these days for a limited supply of properties. Well this cool, but marginally relevant, chart shows the percentage of California properties with multiple offers since 2000. It does not show Playa Vista specifically or anything for 2012, …
Two New 2 Bedroom Listings
With the stronger market, two new homes were listed today as STANDARD sales. Incidentally, both are unit #103. A year ago, I believe these may have been listed in the $400’s or not listed at all, but with the new higher prices, we have a little bit of decent inventory: Villa …
Recent Trends in Buyer Demand in Playa Vista – A Plea to Developers of Phase II
In the last few months, I have noticed a few things about buyer demand trends in Playa Vista: – 2 bedroom units under $450,000 are scorching, even smaller ones. – 1 bedrooms are less in demand than previously, probably due to the large drop in prices for small 2 bedroom …
Playa Vista Phase II Will Be Beneficial to the Community
With the news that the development of Playa Vista Phase II has been approved AGAIN, it’s time to start thinking about how this will affect property values and your quality of life as a Playa Vista buyer or home-owner. Here are some things to consider. The addition of 2,600 new …