TRACKING THE MARKET: JUNE SWOON

The numbers for June are in and it was another banner month for home prices in Los Angeles County.  Continued economic growth, low mortgage rates and a significant imbalance between supply and demand have led to a jump of 7.4% in the price of a median home here.  Short of a huge and unexpected increase in mortgage rates and/or an explosion of new home construction (both of which are pretty unlikely) the experts are saying we can expect this growth trends to continue for several years.  If you’re thinking of trading up, now’s the time!

 Click here to read more

 

Keith Kaplan


CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA   90069

keith.kaplan@sothebyshomes.com

310-646-7791

Be the first to comment

Please check your e-mail for a link to activate your account.