Dec. 6, 2021

Are Home Prices Starting To Stabilize? - Nov. 2021 Market Update

Are Home Prices Starting To Stabilize? - Nov. 2021 Market Update

 

Have home prices begun to finally stabilize and how long will this last? I will answer these questions and more in this real estate market update for the end of November 2021.

We'll also take a look at charts for median home prices, the supply of inventory and closed sales in Los Angeles County.

The Weber Real Estate Team

BRE 01949818

Nov. 1, 2021

Home Prices Start To Cool Off - Nov. 2021 Housing Market Update Los Angeles & South Bay

Home Prices Start To Cool Off - Nov. 2021 Housing Market Update Los Angeles & South Bay

The housing market begins to cool off. Zillow may be the canary in the coal mine with new data showing they're upside down on a large percentage of the homes they've been buying recently and shutting down all home purchases for the rest of 2021. For Los Angeles & the South Bay, inventory remains extremely low, while median home prices continue to retreat downwards from earlier highs. Should the Fed actually taper asset purchases in a meaningful way or should interest rates rise, all bets will likely be off for the housing market in 2022. Find out what's happening with home prices, inventory, and the number of sales making it to the closing table for Los Angeles County and the South Bay Beach Cities.

Oct. 7, 2021

Home Prices Taper & Inventory Stays Low - Oct. 2021 Housing Market Update Los Angeles & South Bay

Home Prices Taper & Inventory Stays Low - Oct. 2021 Housing Market Update Los Angeles & South Bay

In this video, real estate broker Michael Weber talks about what's happening in the Los Angeles and South Bay Beach Cities real estate markets for the beginning of October 2021.

Lots of things are changing in the real estate market. With the passage of SB-9 & SB-10, this should stimulate some much needed future inventory and housing supply. The government continues to find new ways to prop up the housing market. Although the federal eviction moratorium ended, cities and counties are quickly replacing it with their own versions. Large public companies are buying up the housing inventory with a vengeance. And home prices continue to taper while inventory remains historically low. All this and more in this market update.

Give us a call today if you need help with real estate.

The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818

Sept. 13, 2021

Home Prices Start To Taper? - Sept. 2021 Housing Market Update Los Angeles & South Bay

Home Prices Start To Taper? - Sept. 2021 Housing Market Update Los Angeles & South Bay

In this video, real estate broker Michael Weber talks about what's happening in the Los Angeles and South Bay Beach Cities real estate markets for the beginning of September 2021.

Although median home prices continued to remain relatively strong in the month of August, we did start seeing some noticeable tapering in prices in certain areas within the county. Additionally, this is in the face of extremely low housing inventory. It seems the stimulation from continued low interest rates and Fed bond buying has started to wane. I would imagine new ways to stimulate prices will be showing up soon. However, should the Federal Reserve actually raise rates or truly start tapering their bond buying programs, this may prove too much for the housing market to bear.

Find out what's happening with home prices, inventory, and the number of sales making it to the closing table for Los Angeles County and the South Bay Beach Cities.

The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818

Aug. 16, 2021

Is The Housing Market Starting To Shift? - August 2021 Housing Market Update Los Angeles & South Bay

Is The Housing Market Starting To Shift? - August 2021 Housing Market Update Los Angeles & South Bay

In this video, real estate broker Michael Weber talks about what's happening in the Los Angeles and South Bay Beach Cities real estate markets for the beginning of August 2021.

After some time of everything being the same, we may be starting to see something just a little bit different. In some markets in the US, sales of new and existing homes may be showing some initial signs of cooling off, even while the government continues to support the market and with rates continuing to stay historically low. Los Angeles County and the South Bay charts still look very strong overall, but for the month of July we saw a reversal in y/o/y median home prices after several months of sustained growth.

Find out what's happening with home prices, inventory, and the number of sales making it to the closing table for Los Angeles County and the South Bay Beach Cities.

The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818

July 7, 2021

Home Prices Explode Higher - July 2021 Housing Market Update Los Angeles & South Bay

Home Prices Explode Higher - July 2021 Housing Market Update Los Angeles & South Bay

 

In this video, real estate broker Michael Weber talks about what's happening in the Los Angeles and South Bay Beach Cities real estate markets for the beginning of July 2021.

We're seeing a continuation of the trend of quickly rising home prices and limited inventory in the market. The Federal reserve remains terribly accommodative and different levels of government continue to provide support to the housing market. Some pieces of the puzzle are starting to change, and there's even very preliminary talk about potential tightening in the future, which will certainly affect the housing market, but the question remains if/when that may ever happen.

Find out what's happening with home prices, inventory, and the number of sales making it to the closing table for Los Angeles County and the South Bay Beach Cities.

Give us a call today if you need help with real estate.

To View All Available Properties On The MLS Visit Our Site Here: www.southbayonsale.com

 

The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818

June 4, 2021

Housing Prices Experience "Transitory Inflation" - June 2021 Housing Market Update Los Angeles & South Bay

Housing Prices Experience "Transitory Inflation" - June 2021 Housing Market Update Los Angeles & South Bay

 

We continue to experience the effects of "transitory inflation" being ushered in by the Fed, along with the other effects of the Government's success in restricting the supply of housing while simultaneously doing everything possible to create artificial demand. We are, however, expecting to see some stimulative programs come to an end here in the next few months, which could finally lead to a needed increase in housing supply. Also, should the Fed ever decide to do the right thing about rising inflation, we could see an immediate cooling off in the real estate market. Until then, it seems business as usual is here to stay.

May 7, 2021

Home Prices Are On Fire!!! - Los Angeles & South Bay Housing Market Update May 2021

Home Prices Are On Fire!!! - Los Angeles & South Bay Housing Market Update May 2021

In this video, real estate broker and consultant Mike Weber with the Weber Real Estate Team talks about what's happening in the Los Angeles and South Bay Beach City real estate markets for the beginning of May 2021.

Home prices continue to be on fire with massive appreciation and virtually no inventory to speak of and the market continues to notch up month after month. The government and Federal Reserve continue to aggressively stimulate demand in the market, while keeping a lid on inventory. We are likely experiencing just the beginning of the highly inflationary environment being championed by the Federal Reserve. Let's all hope we're not knocking on the door of hyper-inflation.

May 3, 2021

5 Strategies For Transitioning From One Home To The Next In A Hot Market

5 Strategies For Transitioning From One Home To The Next In A Hot Market

Real estate broker Mike Weber with The Weber Real Estate Team goes over 5 strategies for making a smooth transition from one home to the next in a hot market without ending up homeless.

Many sellers are concerned that it may be too difficult or even impossible to make a smooth move from their current home into a new home that makes more sense for them and their family because of the low inventory levels and highly competitive market.

However, there are always options for any seller's situation and this video covers many of the strategies our team is using to help our clients achieve this goal.

Posted in Buying & Selling
April 12, 2021

Los Angeles & South Bay Housing Market Update Apr. 2021 - Real Estate To The Moon?

Los Angeles & South Bay Housing Market Update Apr. 2021 - Real Estate To The Moon?

As median home prices accelerate further to the upside, it's becoming clear we're either in a real estate estate bubble or experiencing the first signs of massive inflation or a combination of both. The real question is, when, or even if, prices will come down in the future? With endless amounts of accommodative intervention on the part of government and the Federal Reserve, it doesn't seem like things will change anytime soon. For this reason, owning a home and owning a home you want to live in for the long term is probably a very, very good idea.