At the beginning of each year, articles about every business come out predicting what to look forward to in the new year. Real estate is no exception. I have been busy working with clients who want to get a jump on achieving their 2016 real estate goals, so I am a little behind on getting out my Los Angeles real estate predictions for 2016. So with an extra month to gauge the market, here is what I think the next 11 months will see in the Los Angeles housing market.
Prediction #1: Housing prices will stabilize
There will still be continuous growth in prices in the real estate market but many are saying it will be more of a return to normalcy compared to the double digit appreciation some areas have seen in recent years. Home prices in Southern
…