Video: New Ice Age - Los Angeles Real Estate Reality
This Week’s Topic: Rates Dropped
Some good news. According to Mortgage News Daily, mortgage rates have fallen fairly quickly this week. Could this be a new trend for interest rates? Darren and Joe look at the numbers and see what may have moved the needle this week.
Last Week’s Topic New Ice Age
The US housing market is experiencing an “ice age” with higher home prices, fewer sales, and less inventory. This is due to a combination of factors including low interest rates, high demand, and low supply. This trend may continue for some time as the market adjusts to these conditions.
More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate
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