Michel Bron / CAR
Los Angeles Real Estate Market Update
It's been a whirlwind of a summer for Los Angeles Real Estate. The first 2 months of the lockdown saw listings and closed sales go down by half on the MLS. Following Governor Newsom's announcement that Real Estate related services were deemed essential combined with dropping mortgage rates to all-time lows, the market started picking up again. Contrary to everyone’s expectations, prices never crashed as a flurry of buyers began to flood the market.
Since many people are now
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