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SoCal home prices soared in May

Real Estate for Social Good

Southern California home prices soared in May, hitting another all-time high, though some data are starting to point to a potential slowdown in demand.

Median home prices in the region have risen by double digits for 10 consecutive months and new records are being set both regionally and locally. 

In Los Angeles County, the median home price rose 25% to a record $775,000 in May, while sales climbed 117%.

And yet, if you get your finances in order, and build a strong team (lender and realtor) to advocate for you, it is possible to get what you want and not break the bank!

#realestate#buyahouseinLA#losangelesrealestate#housingmarket#realestateagent#realtor

https://www.latimes.com/business/story/2021-12-16/southern-california-november-home-prices-real-estate-market-record-high

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