Market Update

Here's another market update on a closed sale at 15947 Atkinson Ave, Gardena 90249

This property was listed for $399,000 and it sold for $438,000.

It was great home and sold well over the listed price.  The home had 20+ offers and a home like this one continues to drive up home prices in the area.

In Gardena and the surrounding cities, home buyers continue to bid on properties over the asking price which is very similar in 2005 when home prices hit the all time high.  After a 2 year run at that time, many home buyers felt the pressure as a result of 25% inflation in real estate.  However, this market is different because the buyers are NOT getting trapped into loans they can't afford.  These are really good signs that our economy is out from the rubble, the bottom of the pit.  These signs, are a good indicator that the market has been picking up for the last 3 years with momentum, a 40-50% return on your investment (ROI).  This type of momentum generates a 10 year upward swing where home prices continue to rise without any downturn of home values depreciating.

I hope this information helps when you are out hunting for that perfect home!

Happy Home Hunting!
David Delgado, President/CEO
Delgado Realty Group
(562)201-7449 Cell
dre # 01385731

P.S. Not Satisfied With The Home In The First 18 Months, We'll Buy It Back! To discuss your home buying criteria, call David Delgado at 888-308-4947. Or For a FREE report on the inner workings of this offer go to www.YourHomeBuyerProtection.com

P.P.S. David Delgado is chosen as one of the Top 200 Realtors in the USA. Visit www.200TopAgents.com

P.P.P.S For a FREE list of bank foreclosures, corporate owned properties, Updated Moved In Properties, call David Delgado at 888-308-4947 or go to www.DavidDelgadoRealty.com/gold_distress.asp