Market News

July 5, 2023

Buyers & Sellers Adjust To Interest Rates - July 2023 Housing Market Update

Buyers & Sellers Adjust To Interest Rates - July 2023 Housing Market Update

After many months of very subdued activity, we're starting to see an uptick in the number of homes that are selling, which is great news. It seems buyers and sellers are adapting to interest rates, which for ...

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Oct. 4, 2022

Pending Home Sales Crash Below CV Lockdown Low - October 2022 LA Housing Market Update

Amazingly, pending home sales have fallen below the low during the initial phase of the CV lockdown, and at the same time, median home prices remain elevated just slightly compared to a year ago, showing the ...

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Sept. 7, 2022

Home Prices & Sales Keep Falling - September 2022 LA Housing Market Update

The housing market continues to soften as we hear more from the Federal Reserve about further rate increases going into 2023. While median prices have fallen from their recent peaks, they still remain just above where they were ...

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June 6, 2022

Pending Home Sales Crash - June 2022 LA Housing Market Update

Pending Home Sales Crash - June 2022 LA Housing Market Update

 

We are either experiencing the calm before the great storm or a drastically more expensive and difficult housing market to come, as pending home sales crash, while home prices and mortgage rates rise substantially. This strong compound effect of ...

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Feb. 2, 2022

Mortgage Rates Rising – Feb. 2022 LA Housing Market Update

Mortgage Rates Rising – Feb. 2022 LA Housing Market Update

 

In this video, I talk a little about what's happening with mortgage rates and how that will likely affect the local real estate market going forward. I also discuss what's happening with median homes prices and inventory ...

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Jan. 16, 2022

How Much Down Do You REALLY Need To Buy A Home?

How Much Down Do You REALLY Need To Buy A Home?

 

In this video, I talk about how much money down you really need to buy a home. I'll go over several different financing options such as conventional financing, FHA financing, and down payment assistance programs and some ...

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Jan. 4, 2022

Housing Inventory Vanishes – Jan. 2022 Housing Market Update Los Angeles & South Bay

Housing Inventory Vanishes – Jan. 2022 Housing Market Update Los Angeles & South Bay

I talk about how housing inventory in Los Angeles pretty much vanished throughout 2021 and how this will affect the market going forward. Also learn about what happened with median homes prices in both Los Angeles ...

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Dec. 30, 2021

Los Angeles Real Estate Market Predictions 2022

Los Angeles Real Estate Market Predictions 2022

What is going to happen to real estate prices in 2022 in Los Angeles? Are they going to fall? Keep going up? Many people are already talking about the market crashing and have been talking about that for the last few years.

With ...

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Dec. 20, 2021

Los Angeles Real Estate Recap 2021

Los Angeles Real Estate Recap 2021

This video goes over some of the big things that happened in real estate for Los Angeles in 2021. I talk a little bit about home prices and inventory, laws that changed in CA allowing more inventory to be built, Zilllow exiting the home ...

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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 ...

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