Today’s real estate market outlook

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Today’s real estate market outlook

 

So much is being said about the real estate market these days. Continued
uncertainty and feelings of negativity, both for buyers and sellers. Interest rates have
been raised to nearly 7%. The prices are still too high. Affordability is next to
impossible. We’re heading towards a recession and so on…
But in the midst of all this negativity, I want to assure you that there are still reasons
to have confidence and be optimistic. The real estate market is alive and well! The
overall impact on the real estate market in L.A. is most certainly going to be less
dramatic and less negative than some are making it out to be. Properties in the Los
Angeles area typically spend less time on the market and prices are staying
somewhat stable. Some properties are even getting multiple offers now, Still!
The holiday season typically causes a slow down in the real estate market. However,
plenty of buyers are ready, willing and able to buy. Some sellers are more motivated
than others, so they’re more willing to negotiate a deal. A well priced and well
maintained home, or any other type of property, gets the most attention from buyers
which may cause a multiple offer frenzy. Plenty of deals are out there to be made
these days.

 

 

 

Aviva Motavassel
Broker Associate
Mentor, teacher, tutor
Realty One Group united
DRE 01127504
RealtorAviva@Gmail.com
WWW.RealtorAviva.com
#RealtorAviva

 

 

#realtor

#Broker

#Iranian

#Realestate

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