Los Angeles & South Bay June 2020 Housing Market Update - Calm Amidst The Chaos
South Bay Real Estate Broker Mike Weber discusses the Los Angeles and South Bay real estate markets for the end of May 2020. In the midst of great social unrest and economic chaos, the housing market has remained fairly calm over the last month, finding much support through various government policies aimed at preventing a shift in the market. Mortgage rates have also once again teetered on new historical lows, driving additional consumer demand. However, we are seeing some of the recent trends start to shift in many areas.
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.
Visit us at: www.southbayonsale.com
The Weber Real Estate Team
mikeweberrealestate@gmail.com
424-237-8570
Broker Associate
BRE 01949818
