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End of Year Analysis & November 2022 Micro Market Report

End of Year Analysis & November 2022 Micro Market Report

The median home sale price in Los Angeles County declined again for the third straight month. The median sale price in November 2022 was $870,000, which represents a 2.2% decline from the previous month and is a 1.1% decline from previous year. It is clear that the market has cooled significantly since its peak earlier […]

Real Estate Housing Market 2023 Predictions

Real Estate Housing Market 2023 Predictions

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This […]