2020 July Real Estate and Mortgage Trends – Southern California

 In Market Trends

Confident homebuyers hurry into the market and are locking in the low rates. Demand for mortgages saw a 33 percent spike as the set another record low. Homes are flying off the market quickly. Some markets saw listings last only 4 to 6 days before pending.

Homebuilders had strong sales in the month of June, bringing the largest gain in over a decade, but struggle to meet the high demand for new homes. Is it time to buy or sell? Reach out and let us help you navigate the hot real estate market.

Recommended Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt