Angeleno sellers are rejoicing as the LA housing market just reached the highest Q2 levels in the last decade. Curbed LA recently reported that average sale prices (home and condo) and number of sales closed were all up across the board. Average days on market for new home listings was just five days!
An End in Sight to the Cash Buyer Craze?
RealtyTrac recently released new data from May showing that the percentage of all-cash buyers has finally returned to normal levels. Some relief in sight for first time home buyers!
Realtor.com: Cash Buyers Are Leaving the Housing Market, and That’s Good for You