Bron Realty Group - Michel Bron
- Dec 1, 2022
Los Angeles Housing Market Update for November / December 2022
November found more prospective buyers are actively searching for a home: Despite higher interest rates negatively impacting housing affordability and demand for homes, not all buyers have been sidelined. According to the latest Housing Trends report by the National Association of Home Builders (NAHB), in Q3/22 59% of prospective buyers had moved beyond the planning phase and had become fully engaged in the buying process. This was up from 46% in Q1/22 and 49% in Q2/22. The s
