According to the National Association of Realtors fewer Americans bought homes in November as buying slid to its slowest pace in six months. The combination of higher home prices and relatively stagnant incomes has reduced affordability and restrained buying. A recent decline in mortgage rates has yet to lure more buyers into the market. At the same time, fewer distressed properties and bargains, which tend to attract investors, are coming onto the market.
For more information and assistance with buying or selling a home, please contact us at 310-791-0123. My team and I are here to help you with your real estate plans. We are a top real estate team in the South Bay and have been helping clients buy and sell property since 1999. A large part of our business comes from referrals so please let us know who we can help. Call us now, we're here to help.