Los Angeles Real Estate News
Los Angeles
U.S. Office Market Slowly Rebounding Despite Ongoing COVID Issues
According CBRE's new "Pulse of U.S. Office Demand" monthly report, activity in the 12 largest U.S. office markets indicates that many have started their recovery from the pandemic-induced downturn.
Pending Home Sales in U.S. Slow Mid-2021
National property broker Redfin is reporting that U.S. pending home sales climbed 7% during the four-week period ending September 12, 2021, the smallest year-over-year increase since June 2020.
California Home Sales Continue to Slow in July
According to the California Association of Realtors, California's housing market slowed for the third straight month in July 2021, with both home sales and prices tempering from the heated market conditions seen over the past year, while still staying above pre-pandemic levels.
Mortgage Credit Availability in U.S. Upticks in August
The Mortgage Bankers Association latest Mortgage Credit Availability Index (MCAI) revealed this week U.S. mortgage credit availability increased in August 2021.
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