Van Nuys, CA

New Listings: 86

Average Listing Price: $ 279,231

Listings Under Contract: 15

Average Listing Price: $ 238,996

Listings Sold: 64

Average Selling Price: $ 274,230

% Difence Between Listing Price versus Selling Price: 101.84 %

% Sales Price Versus Old Listing Price: 97.28 %

Average Days on The Market: 37

http://www.stoppayingrentinla.com Van Nuys Real Estate, Van Nuys Probates, Van Nuys, Loans, Statistics, Mortgage Loans, Foreclosures

New Listings: 94

Average Listing Price: $ 304,044

Listings Under Contract: 12

Average Listing Price: $ 272,991

Listings Sold: 61

Average Selling Price: $ 301,973

% Difence Between Listing Price versus Selling Price: 99.57 %

% Sales Price Versus Old Listing Price: 92.66 %

Average Days on The Market: 56

http://www.stoppayingrentinla.com Van Nuys Real Estate, Van Nuys Probates, Van Nuys, Loans, Statistics, Mortgage Loans, Foreclosures

New Listings: 80

Average Listing Price: $ 291,0012

Listings Under Contract: 5

Average Listing Price: $ 289600

Listings Sold: 59

Average Selling Price: $ 285,129

% Difence Between Listing Price versus Selling Price: 99.22 %

% Sales Price Versus Old Listing Price: 94.11 %

Average Days on The Market: 35

http://www.stoppayingrentinla.com Van Nuys Real Estate, Van Nuys Probates, Van Nuys Loan, foreclosures

Thank you so much NCREI and Sam Sadat for sponsoring a table at I Survived Real Estate 2008.

Info on NCREI: http://www.ncrei.com/

The Los Angeles National Club of Real Estate Investors (NCREI) was created in response to an overwhelming demand for a networking forum from Real Estate Expert Sam Sadat and his associates. At the NCREI we are committed to helping real estate investors learn from the best speakers and materials available.

Our mission is to educate, enhance networking, and encourage you to take action to attain your financial freedom!

However, we believe that education alone is not enough. We are focused on motivating our members to take their future in hand by using what they've learned and taking action towards their goals. Sam and his associates help members through Education, Connection and ACTION!

I Survived Real Estate
On August 23rd 2008, The Norris Group hosted the sold out event, "I Survived Real Estate 2008" at the Nixon Library in Yorba Linda, Ca. Proceeds benefited the Orange County Affiliate of the Susan G. Komen for the Cure. The event went on to win first place from komen for education team fundraising and a Platinum Hermes Creative Award for the Events Category.
Over 400 people attended the live event including builders, Realtors, escrow, title, REO agents, mortgage brokers, investors, city government, press, economists, professors, and students. An untold number of others joined us live via Proxibid. Many more will watch the recording of the event via YouTube or Google Video.
This event was about solutions. Eight industry experts converged to discuss where their respective industries are headed in the coming year and how we can work together to weather the storm. Get to know the guests by listening to their radio show interviews and then watch the complete program via YouTube or Google Video.
We extend a HUGE THANK YOU to all the Platinum and Gold Sponsors for making this very special event possible. Without their help, none of this would be possible.
Platinum Sponsors:

The San Diego Creative Investors Association (SDCIA): http://www.sdcia.com/
Investors Workshops: http://www.investorsworkshops.com/
Frye / Wiles: http://www.fryewiles.com/
Proxibid: http://www.proxibid.com/
White House Catering: http://www.whcatering.com/
MVT Productions: http://www.mvtpro.com/
Pechanga Resort and Casino: http://pechanga.com/
The Denver Nuggets: http://www.nba.com/nuggets/
The Chicago Bulls: http://www.nba.com/bulls/
The Cleveland Cavaliers: http://www.nba.com/cavaliers/

Gold Sponsors:

7 Steps to a 720 Credit Score and Philip X. Tirone- http://www.7stepsto720.com/
Chicago Title - https://www.ctic.com/
Elite Auctions - http://www.sellwithauction.com/
RealtyTrac - http://www.realtytrac.com/
Investors Resource Center of America LA and Steve and Robyn Love - http://www.irca-losangeles.com/
Las Brisas Escrow - http://www.lasbrisasescrow.com/
National Club of Real Estate Investors and Sam Saddat - http://www.ncrei.com/
Northern California Real Estate Investors Association (Norcalreia) and David Granzella - http://www.norcalreia.com/
Foreclosure Trackers - http://www.foreclosuretrackers.com/
North San Diego Real Estate Investors and Linda Wessels - http://www.nsdrei.org/
RE Ventures and Michael Pines - http://www.reventuresrealty.com/
Real Estate Investors Club of Los Angeles and Phyllis Rockower - http://www.realestateclubla.com/
Real Wealth Investor and Scott Whaley - http://www.realwealthinvestor.com/
Saddleback Valley Communities - http://svc4.com/
Silverstar Finance and Janet French - http://www.silverstarfinance.com/
Sunset Hills Memorial Park and Mortuary - http://www.sunsethills.cc/
The Mission Inn - http://www.missioninn.com/
The Mortgage Equity Group - http://themeg.net/
The Naked Real Estate Investor Club - Rosie Nieto - http://www.nakedrealestateinvestorscl...
The Short Sale Processor and Nick Manfredi - http://www.theshortsaleprocessor.com/
Virtual Real Estate Tour and Layla Tusko - http://1wealthcreation.com/
Wholesale Capital Corporation - http://www.wccmtg.com/

East San Fernando Valley, CA January, 2009

North Hollywood, Sun Valley, Valley Village, Valley Glen, and Van Nuys.

Market Index

A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.

The market index three points to 0.34, third monthly increase in a row.

New Listings - 192 new listings hit the market, compared to 130 new listings last month, versus 177 last January.

Pending Listings - 156 opened escrow, versus 108 last month, compared to only 65 last year.

Pending Ratio - 0.81, up from 0.74 last month, up from last year's 0.37.

Listing Inventory - 815 properties were on the market, compared to 896 last month, compared to 838 last year.

Sold Listings - 120 homes sold, versus 133 last month, compared to 18 last year.

Sales prices - $339,381, down from last month $370,311. Now the lowest point in the last 12 months.

Price per square foot - $236.67, the second lowest point in the last 12 months.

Market activity is still climbing due to the continued decline in prices. Although listing inventory is still declining, sales are still ahead of least year as buyers take advantage of their leverage to buy good deals.

Data is from SRAR and has not been verified, is not guaranteed, and subject to change