It’s time to start using the B-word in L.A. That is, it’s a buyer’s market. After months of hemming and hawing and getting mixed answers depending on if someone is speaking on or off the record, those who have no problem telling it like it is are coming around to what this is — with some market-specific caveats. The shift was perhaps tiptoed into sometime in the first quarter. That’s when Marcy Roth of Douglas Elliman’s Eklund Gomes team, who compiles the group’s weekly signed contracts report, suggested the possibility of a buyer’s market “in the near future.” That’s when […]
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