Steve Roose – Luxury Real Estate
Broker Update / Market News
It’s quite challenging to purchase a home on Balboa Island right now. The inventory is lower and the demand is high. You will have a very difficult time winning the deal on any home listed on the MLS. Expect to compete against multiple offers and bid above asking. After missing out on several deals, it can become quite frustrating. My brokerage is located on Marine ave and we transact many sales off-market. These are called pocket listings. We know of home owners that would sell their home but do not want it listed for sale publicly at this time. If we know you are a buyer for this market, we can share out off-market options with you.
~ Steve Roose