Cherniss Group Blog

Playa Vista real estate stats as of Monday, October 27, 2008: active Single Family Home listings = 7 ranging from $1,429,000 to $1,700,000 average list price = $1,558,143 average square footage = 3,434 average price per square foot = $453.74 average days on the market = 137 active Condo / Townhom...

 September 2008 Condo Sales Up 120% Versus Last Year September saw a sharp year-to-date spike in properties sold in Playa Vista. Last month, a total of 11 properties sold versus 5 during the previous year (September 07). Median prices of condos/townhomes sold last month was priced at $650,000. Th...

The new housing bill that was signed into law on July 30, 2008 (HR 3221 "Housing and Economic Recovery Act of 2008") contains a section that requires mortgage lenders to modify loans for homeowners to help them avoid foreclosure. This little known bailout, Section 1403 of the housing bill has alr...

The Los Angeles Business Journal recently published an article reporting median home prices in Los Angeles County have fallen to $380,000 from $580,000 back in September 2007. Experts conclude the cause of the dramatic slide is due to the rising tide of distressed properties. Many of these proper...

Playa Vista stats as of Monday, October 13, 2008:active Single Family Home listings = 7ranging from $1,429,000 to $1,700,000average list price = $1,558,143average square footage = 3,434average price per square foot = $453.74average days on the market = 123active Condo / Townhome listings = 29rang...