06/13/2022
Across the United States, the housing market is facing the effects of rising interest rates pushing mortgage rates up. As borrowing becomes more expensive, the demand for houses reduces due to decreased affordability.
Even still, the Los Angeles housing market has proven to be resistant to such challenges. While there’s been a marked fall in home sales in most markets in 2020, that’s not the case in Los Angeles. In fact, data shows that it’s thriving.
Check out our latest post for our Definitive Guide to Buying Short Term Rentals in Los Angeles
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Across the United States, the housing market is facing the effects of rising interest rates pushing mortgage rates up. As borrowing becomes more expensive, the demand for houses reduces due to decreased affordability. Even still, the Los Angeles housing market has proven to be resistant to such chal...