What to Expect in the Playa Vista First Quarter 2025 Housing Market
In the fast-paced Los Angeles housing market, spring typically comes early. With the help of milder weather than in most of the country, within a few weeks after the start of the year, buyers who are looking to get an early start on the spring housing market begin shopping. For …
Why the Next Few Days Could Determine the Strength of the Real Estate Market in 2023
In congressional testimony given by FED chairman Jerome Powell this week, he stated that the FED funds rate is likely to end up higher than previously expected and they are leaving themselves open to a faster pace of rate hikes in the coming months. The most recent rate hike was …
How Will the Playa Vista Market Perform in 2022?
Wow! It’s 2022 already?! While last year flew by, the real estate market has continued to soar. Low supply combined with low interest rates have kept it a seller’s market. Playa Vista dusted off its poor showing in 2021 with median prices up close to 15% year over year (December …
Current State of the Playa Vista Market
It has been a wild 2+ years, but all good things must come to an end sooner or later. Exit the major supply and demand imbalance that has led to 30-40% price increases since the beginning of 2012 and enter market equilibrium. What a crazy thought that is as we …
Increasing Inventory Will Test Market Strength
Rapid price increases over the past 9 months in Playa Vista have brought a lot of would-be sellers off the fence in recent weeks. The number of homes for sale in Playa Vista has gone from a low of 9 in February to 22 as of today. Prices rising over …