May 2022

Found 1 blog entry for May 2022.

May 25

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The real estate market in Laguna Beach has started to make a shift as in most of the country with home staying on the market for a little longer than what we have seen in recent years.  One of the main reasons for this shift is a combination of factors which include increasing higher interest rates, decline in the stock market and an oversees International war.  It feels like we may be heading to more of a slow down here in Laguna Beach which will result in more inventory of homes on the market and the possibility of declining real estate asking prices.  For buyers who have to get a loan in order to buy a home here the cost and gone up significantly from just a year ago and it is expected to get more expensive as well.  Buyers will be looking for the best