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LOS ANGELES WEATHER

LA’s luxury residential market takes summer vacation

Los Angeles’ luxury residential market went on summer vacation last week.  Signed contracts between July 8 and July 14 plummeted to nine, halved from the previous week’s total, according to a report from Eklund-Gomes. The report tallies signed contracts for Los Angeles County residential properties priced at $4 million or more.Volume among those…
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The housing market, explained in 6 charts

The housing market looks far different than it did when the pandemic was just starting. These charts help explain why. It's no secret that the housing market looks far different than it did a few years ago. While surging mortgage rates and housing prices have taken away consumers' purchasing power, low supply has kept the…
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