Beverly Hills Real Estate Market

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 24, 2008 --

Keller Williams Realty Beverly Hills; Beverly Hills Californian. Marty Halfon a local resident for 45 years and in the real estate business of 30 is not surprised that the Beverly Hills real estate market has held it value, during these so called troubling times. Halfon states that we are back to a normal market place, where it will take 60 to 120 days to sell a home. Beverly Hills is a unique community and it attracts a special type of resident. We are seeing a lot of young families moving back here again for the schools system. The city is also experiencing a lot of growth as well. Halfon also point to the fact that in the last couple of weeks there where only 25 homes on the market between $1.5 and $4 million dollars and 26 homes between $4 million and $10 million. Having an inventory of 51 homes for sale reflects a shortage of product. It is the continuing demand and shortage of inventory that has helped property values actually go up 2 to 3%. But then again gold seem to maintain it value in troubling times. Marty Halfon can be reaches at Keller Williams Realty in Beverly Hills

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