Los Angeles & South Bay Housing Market Update Nov 2020 - Prices Hold

 

South Bay Real Estate Broker Mike Weber discusses the Los Angeles and South Bay real estate markets for the end of October 2020. After a massive spike in home prices over the last few months, the market steadies. Prices remain flat, inventory remains low, and sales take off. The market remains highly competitive for buyers right now, while lenders are swamped with refinances and purchases. 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.