La Canada Real Estate Values
“Sellers are in the driver’s seat this spring as the intense competition for the few homes for sale is forcing many buyers to be aggressive in their offers,” Yun says. “Buyers are showing resiliency given the challenging conditions. However, at some point—and the sooner the better—price growth must ease to a healthier rate. Otherwise, sales could slow if affordability conditions worsen.” Source: “Rising Home Prices Stir Overheating Fears,” The Wall Street Journal (April 26, 2017) [Log-in required.]
