October 2018 Real Estate Market Update Los Angeles & The South Bay

In this video, real estate consultant and broker, Mike Weber, goes over where the real estate market is currently at for Los Angeles County & the South Bay Beach Cities as of October 2018. The video covers things such as median prices and inventory levels and also covers several major headwinds to the Los Angeles housing market such as rising mortgage interest rates, falling foreign investment in Los Angeles real estate, and the possibility of passage of CA Proposition 10 on the ballot for a vote on Nov. 6th.