May 2021 Real Estate market in LA & South Bay!

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Real Estate

The third week of May 2021 and to find a house or to have our offer accepted would feel like a miracle these days. It is still a struggle to find a home for buyers without paying at least 1% over the asking price. People are purchasing homes without looking inside and the contingencies still continue to benefit only sellers.  Despite this situation, there is a lot of things going very well, to name one the cases of COVID are dropping, people are slowly returning to work, most people are vaccinated, interest rate continues to be low and roses are blooming in the middle of weeds as I took this pictures on my morning walk. Here is May’s newsletter with more details: