July 7, 2021

Home Prices Explode Higher - July 2021 Housing Market Update Los Angeles & South Bay

Home Prices Explode Higher - July 2021 Housing Market Update Los Angeles & South Bay

 

In this video, real estate broker Michael Weber talks about what's happening in the Los Angeles and South Bay Beach Cities real estate markets for the beginning of July 2021.

We're seeing a continuation of the trend of quickly rising home prices and limited inventory in the market. The Federal reserve remains terribly accommodative and different levels of government continue to provide support to the housing market. Some pieces of the puzzle are starting to change, and there's even very preliminary talk about potential tightening in the future, which will certainly affect the housing market, but the question remains if/when that may ever happen.

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.

To View All Available Properties On The MLS Visit Our Site Here: www.southbayonsale.com

 

The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818

June 4, 2021

Housing Prices Experience "Transitory Inflation" - June 2021 Housing Market Update Los Angeles & South Bay

Housing Prices Experience "Transitory Inflation" - June 2021 Housing Market Update Los Angeles & South Bay

 

We continue to experience the effects of "transitory inflation" being ushered in by the Fed, along with the other effects of the Government's success in restricting the supply of housing while simultaneously doing everything possible to create artificial demand. We are, however, expecting to see some stimulative programs come to an end here in the next few months, which could finally lead to a needed increase in housing supply. Also, should the Fed ever decide to do the right thing about rising inflation, we could see an immediate cooling off in the real estate market. Until then, it seems business as usual is here to stay.

May 7, 2021

Home Prices Are On Fire!!! - Los Angeles & South Bay Housing Market Update May 2021

Home Prices Are On Fire!!! - Los Angeles & South Bay Housing Market Update May 2021

In this video, real estate broker and consultant Mike Weber with the Weber Real Estate Team talks about what's happening in the Los Angeles and South Bay Beach City real estate markets for the beginning of May 2021.

Home prices continue to be on fire with massive appreciation and virtually no inventory to speak of and the market continues to notch up month after month. The government and Federal Reserve continue to aggressively stimulate demand in the market, while keeping a lid on inventory. We are likely experiencing just the beginning of the highly inflationary environment being championed by the Federal Reserve. Let's all hope we're not knocking on the door of hyper-inflation.

May 3, 2021

5 Strategies For Transitioning From One Home To The Next In A Hot Market

5 Strategies For Transitioning From One Home To The Next In A Hot Market

Real estate broker Mike Weber with The Weber Real Estate Team goes over 5 strategies for making a smooth transition from one home to the next in a hot market without ending up homeless.

Many sellers are concerned that it may be too difficult or even impossible to make a smooth move from their current home into a new home that makes more sense for them and their family because of the low inventory levels and highly competitive market.

However, there are always options for any seller's situation and this video covers many of the strategies our team is using to help our clients achieve this goal.

Posted in Buying & Selling
April 12, 2021

Los Angeles & South Bay Housing Market Update Apr. 2021 - Real Estate To The Moon?

Los Angeles & South Bay Housing Market Update Apr. 2021 - Real Estate To The Moon?

As median home prices accelerate further to the upside, it's becoming clear we're either in a real estate estate bubble or experiencing the first signs of massive inflation or a combination of both. The real question is, when, or even if, prices will come down in the future? With endless amounts of accommodative intervention on the part of government and the Federal Reserve, it doesn't seem like things will change anytime soon. For this reason, owning a home and owning a home you want to live in for the long term is probably a very, very good idea.

 

March 7, 2021

Los Angeles & South Bay Housing Market Update Mar. 2021 - Will Rising Rates Kill The Market?

Los Angeles & South Bay Housing Market Update Mar. 2021 - Will Rising Rates Kill The Market?

 

In this video, real estate broker Mike Weber with the Weber Real Estate Team talks about what's happening in the Los Angeles real estate market for the beginning of March 2021. Although the market is still on fire with huge gains in medium homes prices y/o/y, mortgage rates have risen dramatically in the last month. Will this affect the housing market going forward? 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.

Give us a call today if you need help with real estate.

The Weber Real Estate Team

mikeweberrealestate@gmail.com

424-237-8570

Broker Associate

BRE 01949818

 

Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US, March 7, 2021.

Feb. 3, 2021

Los Angeles & South Bay Housing Market Update Feb. 2021 - Where Will Home Prices Go In 2021

Los Angeles & South Bay Housing Market Update Feb. 2021 - Where Will Home Prices Go In 2021

 

In this video, Mike Weber with the Weber Real Estate Team talks about the first month of the new year in real estate. With prices holding strong at the new much higher levels and inventory being virtually non-existent, what will happen with home prices in 2021. 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.

Give us a call today if you need help with real estate.

Jan. 4, 2021

Los Angeles & South Bay Housing Market Update Jan 2021 - Prices Go Bubblicious In 2020

Los Angeles & South Bay Housing Market Update Jan 2021 - Prices Go Bubblicious In 2020

In this video, South Bay real estate broker Mike Weber with the Weber Real Estate Team talks about the 2020 real estate market year in review. With prices heading into bubblicious territory, it will be interesting to see how the government and Federal Reserve continue to fuel the price bubble we're seeing while at the same time so many Americans struggle to pay rent and their mortgages. 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.



Dec. 3, 2020

Los Angeles & South Bay Housing Market Update Dec 2020 - Prices Go Sideways

Los Angeles & South Bay Housing Market Update Dec 2020 - Prices Go Sideways

 

In this video, Mike Weber discusses the Los Angeles and South Bay real estate markets for the end of November 2020. After a massive spike in home prices over the last few months, things head sideways as the market slows down for the holidays (& the lockdowns). The market remains highly competitive for buyers with multiple offers and limited contingencies being the norm. 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.

 

Nov. 9, 2020

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

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.