Real estate finance and other mortgage information
Real estate finance and other mortgage information for Silicon Beach residential and residential income properties curated by Silicon Beach Realtor Tracy Thrower Conyers
Houses may be more expensive than they were a year ago, but they are selling faster. Residences listed on real estate marketplace Zillow sold in September spent just 86 days on the site—a full 30 days faster than a year earlier.
The reason is no mystery: The supply of available properties is down more than 7 percent year over year, while demand has risen, according to the National Association of Realtors.
Think 86 days sounds fast? Sometimes it’s even faster in West LA: