If you've been wanting to buy a new home in Los Angeles but have been too afraid to get involved in a red-hot bidding war, it's time to come out of hiding.

Over the last couple of years, buying real estate has become a competitive sport thanks partly to historically low mortgage interest rates triggered by the pandemic. According to a Doug Elliman report, bidding wars in Los Angeles peaked last quarter, but luckily for potential buyers, this trend will be cooling down a bit now that interest rates have gone back up. 

For those looking to sell their home, this likely means forgoing the practice of setting the listing price under market value in the hopes of triggering a bidding war. This strategy, also known as "testing the market" might have…

19 Views, 0 Comments

The LA County Board of Supervisors is set to vote on Item 7 today, which calls to put an end to the Covid-19 state of emergency eviction moratorium and rent freeze. At 9 am, they will be taking public comments. We need all hands on deck, so if you have the time to urge the board to support Item 7 please do! 

Call (877) 226-8163 then enter code 1336503. Press 1 then 0 to address the Board. Be sure to call in right at 9 am and prepare for a long wait. Request to speak on Item 7 for general public comment. 

Earlier this year, the board voted to extend the emergency rent freeze and moratorium through 2022, with no end date specified. Los Angeles County is one of the last areas in the country to continue the pandemic emergency measures, and it's time to band…

69 Views, 0 Comments