California Association of Realtors (CAR)
- May 26
Los Angeles Real Estate Market Update - July 2022
Genuine improvement in inventory in the past few weeks: Although California has been experiencing a seasonal uptick in inventory for the past few months, growth in active listings over the past few weeks has become much more meaningful. California ended April with nearly 30,000 homes available for sale across the MLS, collectively. That represents more than a 12% increase in inventory—the largest gain since before the pandemic began. That still leaves the state well behind pr
Bron Realty Group - Michel Bron
- May 2
Los Angeles Real Estate Market Update - April / May 2022
With the Federal Reserve anticipated to take more aggressive steps to fight inflation, interest rates rose further and hit the highest level since late 2018. HOME PRICES - Despite the mortgage rate increase, the California housing market has remained solid so far this year, and there are signs that point to a decent home-buying season in the upcoming months. The supply situation, for example, should improve in the near term as many potential sellers indicated that they will
