Los Angeles & Orange County Housing Market Update - mid-August 2020
We are over halfway through August 2020 and here’s your Orange County real estate market update and Los Angeles real estate market news. How is the recovery in the Orange County real estate market and Los Angeles real estate market? Are OC housing prices and Los Angeles house prices dropping? You won’t believe the numbers for new escrows in OC real estate and LA real estate halfway through August 2020!
We also cover the sales number for Orange County multifamily real estate (duplexes, triplexes, 4plexes, 5+ units) and reveal what we expected to happen around mid-July and into August for the Orange County multifamily real estate market. We were wrong! This is actually a good thing for real estate investors in Orange County and Los Angeles County. Stick around to the end where we discuss how the LA and OC housing market in 2020 is allowing prudent investors to take advantage of a unique real estate investment opportunity through arbitrage in real estate...you heard it here first!