In the business of real estate, sellers now recognize a mismatch between supply and demand. They are more understanding of the prices that are a reality in today’s market. Buyers are more willing to buy as sellers are more accepting of the current market prices
La Jolla, CA (Vocus) March 1, 2010
LJ Platinum now features an inventory of homes that provides home buyers several options in varying price points, centered on La Jolla real estate and the California coastline. The firm specializes in La Jolla homes for sale in a choice of environments such as the tranquil, quiet neighborhood home, on resort property, an equestrian estate, or at the oceanfront.
The company’s current inventory of La Jolla homes for sale opens up many options for area buyers in the market. Sales in the real estate firm were upbeat in the 4th quarter of 2009. Buyer activity was represented firmly by a decrease in overall inventory. However, there are still many choices available for the savvy buyer.
“In the business of real estate, sellers now recognize a mismatch between supply and demand. They are more understanding of the prices that are a reality in today’s market. Buyers are more willing to buy as sellers are more accepting of the current market prices,” said Dane Soderberg, VP-Broker Associate at LJ Platinum.
While LJ Platinum serves the entire San Diego area, its La Jolla, CA homes for sale are its prime properties and provide an accurate measurement to gauge the state of the market in general. Since August, the firm’s inventory of detached homes and condos has decreased significantly. This should not deter buyers, the company urges, as there are still many opportunities to buy many types of La Jolla homes for sale today.
Soderberg added, “Sometimes buyers are unwilling to offer what they are willing to pay. It is often rewarding when they do so. For example, an oceanfront home in Lower Hermosa that was listed at $12 million recently sold for $8 million.”
About LJ Platinum
LJ Platinum’s custom real estate portfolio is centered on La Jolla real-estate and the California coastline. The firm is run by a team of luxury real estate professionals whose expertise in the La Jolla real estate market has grown with being long-term La Jolla residents. Its properties include oceanfront, village homes, resort properties, equestrian estates, yachting accommodations, and residential properties.