It is a known fact that California has some of the highest priced real estate there is. San Fransisco is up there and of course Santa Barbara is a highly sought after town as well. You can't argue that California, as a whole, has some of the most beautiful ocean views, mountain tops, national forests, desert ranges and, you guessed it, homes. We are known for having a very wide variety of styles of homes and you can only imagine that with all the creative people in Hollywood, that Los Angeles has a vast number of them right here. Sherman Oaks is one of the most sought after places to live in Los Angeles with the magnificent hill side homes to the flat lots with California bungalows. We have grand large homes where the rich and famous live as well as a great selection of condos right in the heart of Sherman Oaks. Up until the fall of the market, the average buyer could easily spend $700,000 for a home here but things today are a bit different. This is the time for buyers out there to purchase real estate in places like Sherman Oaks. I have a feeling these home prices wouldn't last too long and I know that the mortgage rates are bound to rise as well. There are some pictures attached here of condos I am holding open houses for this weekend. One of them is a short sale listed at $289,000 with 2bd,2bth and multiply community amenities and the other is listed at $335,000 with 2bd,2bth as well and is a standard sale. There are not too many places in America where you average 72 degree weather all year, you are 25 minutes to the beach, an hour from snow top mountains where you can ski, 30 minutes from the beautiful countryside, one and a half hours from wine country, and living where actors, directors, architects, singers, painters, and creative people from around the world call home. These are the times to not miss out on great buying opportunities, so if you have the resources and the desire to own a home...this is your time. Don't let it slip through your fingers.
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