La Crescenta January 2016 Real Estate Sales
It appears buyer demand will be strong throughout the year; the problem is inventory (supply) isn’t keeping up:
Calculated Risk: “Low inventory is probably holding down sales in many areas.”
Frank Nothaft, Chief Economist for CoreLogic: “Many markets have experienced a low inventory of homes for sale along with strong buyer demand… These conditions are likely to persist as we enter 2016.”
La Crescenta real estate values didn’t move much from December to January.