Coldwell Banker: Beverly Hills Market Update
We are in yearend mode and trying to finish strong. The only impediment to our sales is as it has been most of the year is a lack of inventory. It is now at the lowest point of the year in the high end as well as the midrange. There is still great demand and in the 2 to 3 million range, but we are seeing inventory at low point there as well. Buyer demand is strong and the outlook is good, even though we are having a shaky time in stocks. Again, we have many eager buyers and not enough sellers.
By: Loren Judd
