Nicholas Lee, Real Estate Agent

25/05/2020

Happy Memorial Day. We thank you and honor all the sacrifices made by our heroes. Salute to the active and fallen! 🇺🇸

22/05/2020

How did the housing market fare during the first full month of novel coronavirus? Existing-home sales in the West fell 25% in April. “But the listings that are on the market are still attracting buyers and boosting home prices.” - NAR chief economist Lawrence Yun.

Please contact me if you need guidance navigating the home buying or selling process during these uncertain times as your REALTOR®!

REALTOR® / DRE #02106230

/PRNewswire/ -- Existing-home sales dropped in April, continuing what is now a two-month skid in sales brought on by the coronavirus pandemic, according to the...

21/05/2020

Despite millions of new unemployment claims and large companies filing bankruptcies, the commercial real estate sector is expected to recover according to 39 real estate economists and analysts.

If you are in need of a commercial lease or want to buy/sell a commercial property, please contact me. I am just a click, text, or call away!

REALTOR® / DRE #02106230

According to survey data from the latest ULI Real Estate Economic Forecast, the current economic recession will be short-lived in the U.S., with above-average gross domestic product growth returning in 2021 and 2022. Second, the impact on real estate market conditions and values will be relatively m...

20/05/2020

Los Angeles County has announced a July 4th goal date to reopen the local economy. In just over six weeks, there will be a push to fully or partially reopen dine-in restaurants, shopping malls, in-store retailers, and other businesses.

Please contact me if you need guidance navigating the home buying or selling process during these uncertain times as your REALTOR®!

REALTOR® / DRE #02106230

Supervisor Kathryn Barger says a "safe reopening" could happen by July 4

19/05/2020

Novel coronavirus or not, there is pent up demand for home ownership. What we’re likely to see will be a “V” shape in the homeownership rate, evidenced by an initial increase in the ownership rates, a flattening or slight drop, then followed by a more persistent increase over the next five years.

Please contact me if you need guidance navigating the home buying or selling process during these uncertain times as your REALTOR®!

REALTOR® / DRE #02106230

Unlike conventional recessions that depress home buying and owning, the coronavirus slowdown might actually increase the U.S. homeownership rate.

18/05/2020

Home buying mortgage applications has increased for the fourth straight week. The average 30-year fixed mortgage rate hovers around 3.4%. Does this indicate the novel coronavirus housing recovery?

Please contact me if you need guidance navigating the home buying or selling process during these uncertain times as your REALTOR®!

REALTOR® / DRE #02106230

As open houses reemerge from the coronavirus shutdown, buyers are coming back to the housing market much faster than expected.

15/05/2020

Will there be a renewed interest in suburban homes thanks to novel coronavirus and remote work?

Please contact me if you need guidance navigating the home buying or selling process during these uncertain times as your REALTOR®!

REALTOR® / DRE #02106230

The post-pandemic recovery could drive a housing boom in more affordable cities and surrounding suburbs, prompted by a seismic shift toward remote work.

14/05/2020

Has coronavirus accelerated the decline of office commercial real estate?

If you are in need of a commercial lease or want to buy/sell a commercial property, please contact me. I am just a click, text, or call away!

REALTOR® / DRE #02106230

Get ready for the commercial real estate apocalypse

13/05/2020

LA County beaches will partially reopen today for “active” use. Please stay safe while out and enjoy some fresh air!

REALTOR® / DRE #02106230

12/05/2020

Despite a pandemic putting a halt on home sales volume, a severe shortage of housing will prevent home prices from significantly falling.

Please contact me if you need guidance navigating the home buying process during these uncertain times as your REALTOR®!

REALTOR® / DRE #02106230

Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according t...

11/05/2020

Have you thought about downsizing or upsizing but wondering what your current home is worth in light of novel coronavirus? Click the link below to find your home's value for free!

REALTOR® / DRE #02106230

https://go.homeasap.com/homevalue/100679414898841

10/05/2020

Hi family and friends. Happy Mother's Day.