Los Angeles & South Bay July 2020 Housing Market Update - Inventory Builds & Rates At Historic Lows
South Bay Real Estate Broker Mike Weber discusses the Los Angeles and South Bay real estate markets for the end of June 2020. In the last month, we've seen interest rates once again fall to all-time lows, while inventory is finally starting to build after being severely depressed during the Coronavirus lockdown. Median home prices are flat overall and sales are still slumping. The things to watch over the next few months will be how much inventory breaks out and how much of it gets absorbed by the market and at what prices.
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
