Los Angeles & South Bay May 2020 Housing Market Update - State Of The Housing Market

South Bay Real Estate Broker Mike Weber discusses the Los Angeles and South Bay real estate markets for the end of April 2020. This video discusses some of the macro factors affecting supply and demand in the housing market, including market forces such as government and Federal Reserve intervention, mandatory loan forbearance, job losses, more stringent loan criteria, and lack of current inventory as sellers sit things out for the time being.

Also 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