Halfway through 2020,Flyhomes4 online real estate seminars have been held!
Today, the Flyhomes Research team combined MLS, internal information and actual combat experience of multiple real estate agencies to review the June Southern California housing market for everyone. 👇
Take the West LA area that everyone cares most about as an example:(The data is based on the 75-120 million Single-family home, Townhouse and Condo listings sold in the West LA area, excluding new houses)
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55%The house transaction price is higher than the listing price,Due to competition, the final transaction price of most houses is higher than the listed price, and the bargaining space becomes smaller.
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New listings in June151 set.Increased from May46%.It shows that more sellers return to the market and buyers have more choices.
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60% of the houses were sold within 15 days of listing. The average residence time of listings is longer than in May because of the increase in the number of listings.Buyers face more choices and need more time to make decisions.
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45%'S house received multiple offers, and each sold house received an average of 2 offers.Competition for housing is fierce.
The housing market is picking up quickly, mainly due to the drop in loan interest rates. According to data from Freddie Mac, the average fixed interest rate for 30-year mortgage loans fell to 6% at the end of June, a new low.
This not only stimulates more buyers to enter the market, at the same time, many sellers also choose to refinance the houses they hold instead of selling them.Further widen the imbalance of market supply and demand.
In addition, the 4-month stay-at-home order suffocates the tenants, and the end of social isolation is nowhere in sight.More people want to buy a house of their own and have a more comfortable living and working environment.
In order to better help small partners who have plans to buy and sell houses,
Flyhomes JulyWill continue to bring you
Free real estate seminars!
Whether you are planning to buy the first house in your life,
I still plan to replace my old house with a new one,
Or interested in the impact of the epidemic on the housing market,
There are answers here!
Lecture time:
7月26日 周日 下午2:00-3:30
7月29日 周三 晚上7:00-8:30
ways of registration:
Scan the QR code below to register for free!
If during this special period, you are still uncertain about your own house purchase plan, hope to find a professional real estate agent to talk about it. Flyhomes provides free online 1 to 1 consultation, online viewing, and private viewing. Room, help you successfully settle down in Los Angeles!
📍I don’t know the friends of Flyhomes yet, poke 👉America's best technology company in buying and selling housing!
*The above pictures and texts are provided by "Flyhome",
All interpretation rights belong to "Flyhome"
