Brentwood Circle 2nd Quarterly Update 2013

You might be asking and wondering what will the increase in interest rates and the wild ride on the stock market do to our market?  In checking with my experts the last few days, the vote seems to be out as to what major impact if any it all will have.  I personally think it will impact the “marginal” buyers, but that will be the extent of it, but obviously we will have to wait and see. So other than dealing with the “joys” of the construction projects on the 405, Sepulveda and Sunset which will last about another year (OUCH!) what is the difference in the real estate activity in Brentwood Circle this past quarter vs. the same period of time last year?  The lack of inventory is also impacting Brentwood Circle. Currently there are two homes for sale with the same number available last year. There are two homes in escrow vs. one last year.  Each year brought us no closed escrows for the past quarter, and last year there was one home available for lease, with one also leased, vs. none in either category this year.