Anybody in the trenches of the housing market can attest to 2014 being a lackluster year across Southern California with limited exceptions. This article in LA Curbed talks about the impact of high prices on sales velocity in the Southland.
Sales volume for new and existing homes continues to struggle to find upward momentum. With investors leaving the market in the face of high prices and “normal” buyers still struggling
According to data compiled by the California Association of Realtors, California’s housing markets are showing signs of stalling.
By Troy McMullen The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three
0 Comments
No Comments Yet!
You can be first to comment this post!