What Just Happened to the LA Real Estate Market?

Price reductions

Many folks, which would include most Realtors, are asking “what the #$&! just happened to the real estate market?” Price reductions left and right, mortgage rates doubling almost overnight, record inflation, oh my! “The Shift” was swift and caught people off guard. In today’s video Scott Himelstein breaks down the “perfect storm” that led to this real estate shift and offers a helpful perspective on what we might expect next!