SOUTHERN CALIFORNIA - As mortgage rates rise and home sales decline, housing prices have started to drop in Southern California and across the country. In fact, home prices dropped 0.77 percent from June to July 2022, according to a recent report ...
"Payment Pulse" looks at the budget-busting reality of Southern California homebuying. It's really about the size of the monthly check to the lender, not the headline-grabbing median sales price. Buzz: Southern California's homebuying market...
Rising interest rates cools off Southern California's...
CBS Los Angeles With interest rates rising another .75%, Southern California's once red-hot real estate market has calmed down. "Every time we'd put an offer in it wouldn't go through because somebody put $50,000 more, $60,000 more," said...
Due to the high interest rates, I have noticed the lack of competition within the real estate industry. With the lack of competition comes with the higher chance of your offer being accepted. If you are considering purchasing a home and want to take action during this shift, I will be willing assist you with any questions you may have.
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