REAL ESTATE MARKET TRENDS: THE BUYER’S TURN

It’s good news for buyers! With the inventory of homes available for sale now rising across the US, the market may offer a softer landing for buyers. And this is especially true in West Coast markets, including Los Angeles, where inventory has increased the most. It’s simple supply and demand. But while the price escalations may slow and crazy competitive bidding may go away, don’t expect prices to start tumbling. Relatively low mortgage rates and a healthy demand will still buy the market.

 

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Keith Kaplan

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

keith.kaplan@sothebyshomes.com

310-646-7791

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