Explanation of Low California housing Inventory levels: Large metro areas of California experiencing declines of 50 to 70 percent from last year.
by Ben Nicolas
on Wednesday, January 16th, 2013 at 8:15am.
Are you trying to buy a property in the city of Los Angeles under $350,000?
Having problems getting your offer accepted? Are you blaming your lazy Real Estate Agent for not working hard enough?
While this may be true in some cases there are some important macro trends influencing inventory levels of Residential Housing in California that are having major impacts on the Los Angeles Residential Real Estate market and people trying to buy homes in Los Angeles. Before getting pissed at your agent or frusturated with the process take a look at this well written article on doctorhousingbubble.com explaining some of the reasons the Los Angeles Real Estate market is experiencing such low inventory levels.