Current State of the West LA Housing Market

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Dude, the West LA housing market?

 They're even staying on the market a little longer, which is a trip. Bidding wars? Not so much these days. Most houses are getting fewer offers, which is a nice change.

 

So what's the deal? Interest rates are jacked up now, so getting a loan is costly. That makes people think twice about buying. Plus, with all this talk about a recession, some folks are spooked and holding off. Lastly, a few more houses might be on the market than usual. The market is still competitive, but not quite the bloodbath it was. Helming this market can be cunning, so having a thoughtful realtor like The Moore Group on your side is essential. 

 

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