Search Results for: glut

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Downtown Los Angeles Real Estate Inventory Explosion: Desperate Sellers Debut

REAL ESTATE NEWSThe number of properties available for purchase has recently shot up tremendously, as a whopping 251 homes have been listed for sale. The problem: only 16 properties sold in May. With so many for sale, and so few selling, it could take 16 months to get all of these properties sold. To make …

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Los Angeles Real Estate Market

Bidding War or Glut? Whom should you believe?  Redfin and CNBC say that the market is already heating back up, that there’s a nationwide bidding war and that many are going for bigger, better houses now. As home prices are soaring, phones in real estate offices are ringing off the hook.  Those who prefer to …

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