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.

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The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818