Market update … historically low mortgage interest rates, limited inventory and high Buyer Affordability Levels have created a “Bidding War” in this portion of Southern California. It is common place for properties under $200,000, in good condition, to receive multiple offers, sometimes 10 to 40 per property.

It has been reported that only 27% of agents list real estate as their primary source of income, thus 73% are PART-TIME AGENTS, so Buyers and Sellers beware, if YOU are working with a part-timer, are YOUR best interests being served?

You should have a lot of questions, lets talk.

All the best!

Mike Cox
Broker Associate #00582256
951/ 202-2635 Direct
Amanica Real Estate & Property Management