Market Update LA – Why January Was Good For Real Estate

 

January markets are customarily predictive of the next several months, highlighting the mood of Buyers and Sellers. Between the numbers, we see a brisker and an overall healthier market on the horizon. Why? Sellers are coming off the sidelines and finding good reasons to move and Buyers are enjoying mortgage rates lower than we've seen in some time.... in some cases below 5%.

 

I read a post recently by the financial author Morgan Housel that relates to the acquisition of real estate as much as the craving for an ice cream cone. It can be summed up by this… “Nothing is desired more than the thing you want but can’t have”. https://collabfund.com/blog/everything-you-cant-have/ 

Looking for more insights? Reach out to us….we LOVE talking real estate.