Bron Realty Group - Michel Bron
- Jul 30
Los Angeles' Shifting Real Estate Market - JULY/AUG 2022
As the market shifts, prospective homebuyers are beginning to enjoy some of the benefits of a shifting market. To be sure, rising rates have reduced buyer purchasing power, but rising inventories and reduced competitiveness means that buyers who remain in the market have a better shot at having their offer accepted than at any point since the pandemic began. Inventory Now Exceeds Pre-Pandemic Levels: After more than two years of consistent year-over-year declines in the numbe
Bron Realty Group - Michel Bron
- Jul 20
Should you buy a house or a condo in Los Angeles during this current high inflation?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? Greg McBride, Chief Financial Analyst at Bankrate, explains how inflation is affecting the housing market: “Inflation will have a strong influence on where mortgage rates go in the mon
