La Mirada Real Estate inventory is at an all time low! Recently I listed a home on Caravac Road near La Mirada Regional park in April. Within the first 5 days of the home going on the market I ended up with 8 offers. The home just closed escrow on Wednesday, May 27th and sold for above the asking price. My phone was still ringing more than 2 weeks into escrow. The buyers that were calling said there are not enough good properties for sale. The other reason homes are once again getting alot of attention is because there are so many short sales on the market and buyer's are shying away from those type of listings.
Let me know your thoughts about this!