It’s almost painfully quiet this year in L.A.’s high end. That’s all relative, of course. While brokerages are seeing price reductions and fewer head- turning, megadeals in the vein of recent years, some have also said they’re making up for that with bigger numbers of smaller transactions. Rayni Williams, CEO and co-founder of the Beverly Hills Estates, said her brokerage’s first quarter was more “robust” than the last four comparable periods, despite recent macroeconomic headwinds. “It does seem like people are figuring out and taking a little bit of a beat after the [Iran] war started and they’re proceeding a […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico