South Bay Real Estate Broker Mike Weber discusses the Los Angeles and South Bay real estate markets for the end of April 2020. This video discusses some of the macro factors affecting supply and demand in the housing market, including market forces such as government and Federal Reserve intervention, mandatory loan forbearance, job losses, more stringent loan criteria, and lack of current inventory as sellers sit things out for the time being.
Also find out what's happening with home prices, inventory, and the number of sales making it to the closing table for Los Angeles County and the South Bay Beach Cities.
To watch this podcast with graphs on YouTube click here: https://youtu.be/LdEWZZi6Oig
Give us a call today if you need help with real estate.
Visit us at: www.southbayonsale.com
The Weber Real Estate Team
mikeweberrealestate@gmail.com
424-237-8570
Broker Associate
BRE 01949818