Resilient Prices, Rising Rates, Low Activity - Nov. 2023 LA Housing Market Update

This last month has been quite interesting for the LA real estate market. Even though rates peaked recently above 8%, prices remain resilient as a result of the low inventory levels. In both commercial and residential real estate ...

Pending Home Sales Evaporate Like Low Rates - Oct. 2023 Housing Market Update

As we continue to experience higher interest rates for longer than most anticipated, pending home sales and closed home sales continue to decline. Higher mortgage rates are causing both difficulty with buyer affordability but also even fewer sellers ...

High Mortgage Rates Crush Supply - Aug 2023 Housing Market Update

Well folks, the real estate market here in L.A. County remains extremely tight. The Federal Reserve raised interest rates last week another 25 basis points, causing mortgage rates to trend up yet again. Surprisingly, the real issue hasn ...

Buyers & Sellers Adjust To Interest Rates - July 2023 Housing Market Update

After many months of very subdued activity, we're starting to see an uptick in the number of homes that are selling, which is great news. It seems buyers and sellers are adapting to interest rates, which for ...

L.A. Real Estate Slows To A Crawl - June 2023 Housing Market Update

Lots to talk about in this video, including the continued slowdown in the housing market as well as another CA Bill, SB 567, further increasing tenant rights and protections that were already passed a few years ...

Everything Falls But Prices - May 2023 LA Housing Market Update

Lots of new developments since the last market update video. The Federal Reserve raised rates again today another 25 basis points, and most market participants believe the Fed is now at the end of their hiking cycle and will likely ...

Is Real Estate Pivoting With The Fed? - Apr. 2023 LA Housing Market Update

It looks like we could be at the beginning of another transition in the real estate market as a result of the recent pivot by the Fed that I've been anticipating for some time and now ...

Rising Rates Crush Home Sales - March. 2023 LA Housing Market Update

Hotter than expected inflation data is putting renewed pressure on the Federal Reserve to continue raising rates in the market, translating into increasing borrowing costs for many home buyers. As a result, home prices continue to trend marginally lower ...

Home Prices Continue To Slide - Feb. 2023 LA Housing Market Update

Well folks, the first month of the year is gone and the data is in. We continue to see home prices trend down with very limited activity in terms of pending and closed home sales and days on ...

Home Prices Break Through Floor - Jan. 2023 LA Housing Market Update

In this episode, we finally see LA County median prices fall through the year over year floor they seemed to not want to break through for a while. In addition, days on market ticks up quite a bit and ...