Real Estate Agent Answers Questions on Navigating Housing Market Frenzy
There is a rise in prices in real estate, all mainly due to the pandemic.
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There is a high demand but very low inventory and this creates a frenzy. Kim Baldonado spoke to a real estate agent and asked her for some tips.
Analea Perez is a first time home buyer.
“The listings I saw would go live, the ones I liked, I would check them a couple of days later, and they were pending,” she said.
In many parts of the country, including southern California, the real estate market is downright wild.
Leah Guerra is a Los Angeles real estate agent. We asked her how to navigate the current frenzy.
First, why is demand so high?
A lot of the buyer demand is driven by historically low interest rates, so it’s basically cheaper to purchase than…