The Real Estate Fix With Rich Szerman –Current Market Numbers, Prop 33 – August 23, 2024

The Real Estate Fix With Rich Szerman

On today’s show, your host and real estate expert Rich Szerman talks about the market finally starting to soften with the interest rates dipping slightly to 7.1%. Our local SCV market is holding steady with listings going up and median prices dropping a little.  There are currently 600 pending sales and over 100 new listings in the SCV.  It is expected that the Federal Reserve will cut rates in September.  Finally, Rich talks about Prop 33 and if passed will give the government more power to regulate rental rates and put price caps on mortgages and rent.  Rich believes it will not increase funding for affordable housing or provide relief for those facing homelessness.  Call Rich with your real estate needs at 661-714-1400 or go to RichSzerman.com

Previous Episode: The Real Estate Fix With Rich Szerman –Current Real Estate Numbers and Recent History – July 19, 2024

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