Sonya Hamad - Insight 410
LA Market Pulse: The latest September housing data.
Local Picture:
Mortgage Rates- Up: Rates have increased, buyers are watching the monthly payments.
Home Sales- Down: 4,157 LA County homes sold in September, 7.8% fewer than a year ago.
Price Drops: 18.1% of homes have had price drops- up 2.3 percentage points year over year.
Median time on market- 52 Days (September) Every neighborhood moves differently.
Local Picture:
Mortgage Rates- Up: Rates have increased, buyers are watching the monthly payments.
Home Sales- Down: 4,157 LA County homes sold in September, 7.8% fewer than a year ago.
Price Drops: 18.1% of homes have had price drops- up 2.3 percentage points year over year.
Median time on market- 52 Days (September) Every neighborhood moves differently.
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