Your Local Real Estate Connection
I am a real estate agent who expertly guides home buyers & sellers
with enthusiasm, focus, integrity & an extensive knowledge of the local area;
No one knows LA better than LA Andy May.
Before we delve into what the experts think will happen in the real estate market in the coming year, it might be good to review what they thought the market would do this time last year. Economic uncertainty brought on by global trade tensions, stock market volatility and the government shutdown colored all of the analysis a year ago. Most analysts thought that mortgage rates would soften somewhat, but no one saw the sharp drop in rates that occurred. Nationwide, the experts thought that overall sales would increase by 1% and the median price to increase a modest 3.1%. Although mortgage rates turned out much lower than expected, overall home sales were flat to the prior year and average sal…