174: June Market Trends: Are We Heading Towards a Balanced Market

This episode explores June's (2024) real estate trends, showing LA County's inventory at 2.78 months, a 24% increase over the last year. That means we are almost halfway to a balanced market! So what does that mean? Sellers can expect to sell at or above the list price, while buyers should prepare for fair market value deals. We also discuss future housing challenges, especially for the older generation, and why real estate remains a sound investment. Tune in to hear more and understand what the market trends are looking like right now!