Los Angeles & South Bay Housing Market Update Mar. 2021 - Will Rising Rates Kill The Market?
In this video, real estate broker Mike Weber with the Weber Real Estate Team talks about what's happening in the Los Angeles real estate market for the beginning of March 2021. Although the market is still on fire with huge gains in medium homes prices y/o/y, mortgage rates have risen dramatically in the last month. Will this affect the housing market going forward? Check out the video to learn more.
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.
The Weber Real Estate Team
mikeweberrealestate@gmail.com
424-237-8570
Broker Associate
BRE 01949818
Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US, March 7, 2021.
