Market Updates

March 1, 2024

The Los Angeles Real Estate Market - 3.1.2024

The Los Angeles housing market has been navigating through dynamic changes. Let’s delve into the current trends and insights:

 

  1. Median Prices and Sales:
    • The median sold price of existing single-family homes in Los Angeles County reached $833,000 in January 2024.
    • Month-to-month, there was a -2.4% price change ...
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July 11, 2023

Los Angeles Housing Market: Prices, Trends, Forecast 2023 / 2024

The Los Angeles housing market has been closely watched by real estate professionals and potential buyers alike, as it is one of the most active and competitive markets in the United States. In this report, we will take a closer look at the current state of the Los Angeles housing ...

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Dec. 27, 2022

Leaders of Industry Forecast Real Estate for 2023

2023 Real Estate Forecast: Market to Regain Normalcy

But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict.

 

While 2022 may be remembered as a year of housing volatility, 2023 likely will become a year ...

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June 30, 2022

California Housing Market Report & Predictions

June 26, 2022

California Housing Market

Once again, during May 2022, the housing market in California has seen a reduction in home sales while prices continue to rise.

House prices rose in May by 1.6% and that is up 9.9% in the last 12 months.  Condo sales ...

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Posted in Market Updates
Jan. 29, 2022

Will Rising Interest Rates Burst The Housing Bubble?

Real estate prices are on the rise and building costs are right there with them. Prices have increased wherever you look.

For example, Austin, Texas, saw average home prices increase by $100,000 in just six months. 

Lower interest rates and rising demand are driving these price increases. Currently ...

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Jan. 21, 2022

West Hollywood Housing Market: February Insight

West Hollywood Housing: February InsightIn West Hollywood, CA home sales dropped nationally from November to December as listings became even more scarce. More homes are coming on the market in January, but competition among buyers will get even more fierce. Market research shows home sales dipped by a seasonally adjusted 3.6 percent ...

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Posted in Market Updates
Jan. 21, 2022

West Hollywood Housing Market: January Insight

In West Hollywood, CA home sales dropped nationally from November to December as listings became even more scarce. More homes are coming on the market in January, but competition among buyers will get even more fierce. Market research shows home sales dipped by a seasonally adjusted 3.6 percent ...

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Posted in Market Updates