Uncategorized

4125 Via Largavista update – SOLD $1.6m all cash

February 8, 2013

Image

Well neighbors, I have some good news for those of you that own a home in Valmonte, and some bad news for those who are looking to buy.  The good news is comps just got a whole lot better with 4125 Via Largavista recently closing at $1.6 mmmmmmillion, all cash.  Yes, all cash.  That is the second all cash close in the last few weeks.  If that doesn’t encourage sellers that have been on the fence to get off and sell, then I don’t know what will.  And buyers, I’m sorry.  The buyer’s market we had during the last few years looks to be coming to an end.  Now, I’m not ready to say we’re out of the woods just yet when it comes to the local real estate economy, but these are certainly good signs if you’ve been considering selling or in need of refinancing and haven’t had the comps to get you there.  Now, a hiccup in the general economy or a flood of sellers can turn this market right back around, but with low interest rates and encouraging signs of a price recovery, we should continue to see improvements towards a healthy market.  But then again, with such a great neighborhood, who would want to sell unless they have to?  Not me!

You Might Also Like

No Comments

Leave a Reply

GET THE INSIDE SCOOP

See new listings and receive market reports before they hit the market