1//Spring Inventory | After the Easter holiday, a number of new listings debuted in Playa Vista. The inventory increased from 14 last week to 18 this week. There are 6 new listings!
2//Mortgage Rates | Interest Rates have now dropped for 5 consecutive weeks as we head into the spring market! The rate (30-year fixed) in March had a high of 6.73% and is now down to 6.27%.
3//Buyer Optimism | The combination of lower interest rates and more choices brings more buyer optimism to Playa Vista. There is a greater number of options, ranging from 1BR lofts to 4BR condos to 3BR SFH. The condos have single-level and multi-level varieties.
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