by: Alexander Shaban, Alex Thomas July 30, 2024 https://jbrec.com/insights/presidential-elections-effect-on-housing-home-sales/ Key takeaways The annual seasonal decline in home sales is no worse in election years than in non-election years, according to 35 years of data. Greater-than-expected seasonal declines in home sales mostly reflect poor economic conditions (recessions...

• calendar_month July 31, 2024
• category Real Estate Tips
• post Election 2024, Election Year, Home Prices, Interest Rates, Mortgage rates

As we approach the end of 2024, the real estate landscape in Los Angeles County is shaped by the interplay of interest rates, home prices, and affordability. Here’s an overview of current trends and projections for the next 60 to 90 days. Current Mortgage Rates As of December 5, 2024, the average interest rates for Los Angeles County are: • 30-year fixed-rate mortgage: Appro...

• calendar_month December 5, 2024
• category Real Estate News
• post California, First Time Home Buyers, Home Prices, House Hack, Housing Market, Interest Rates, Mortgage rates, Real Estate News