Strategies & Tactics to Take More Listings, 10X Your Real Estate Business, & Sell More Homes In Less Time
Weekly Market Update - 6.8.20
Showings have surpassed pre-Covid rates as demand has increased, and transaction are back up and growing.
Weekly Market Update - 6.1.20
Showings have reached pre-Covid rates as expected, however a decline is anticipated as local curfews in Los Angeles County are in effect. New inventory on the market in the past week has also declined.
Weekly Market Update - 5.25.20
Nobody knows the future and yet, there are certain indicators that can give us insight into the impact the current conditions and what strategies you should adopt now to prepare your business. Here are some insights to help you understand where the market is currently.
Showings have been on a steady rebound since March 28th and are close to returning to normal showing rates. Based on the current trend, we can anticipate that showings will likely soon reach pre-Covid rates.
Weekly Market Update 5.19.20
While showings have continued to steadily pick back up, in the past 7 weeks, closed sales per week are still down approximately 41.64%, with the per week average up to 523.5. New inventory is down about 35.71%, with the per week average up about 2.18% from last week in Los Angeles county in comparison to the 8 week period Pre-Covid19 (1/27-3/22).
Weekly Market Update - 5.10.20
Nobody knows the future and yet, there are certain indicators that can give us insight into the impact the current conditions and what strategies you should adopt now to prepare your business. Here are some insights to help you understand where the market is currently.
Showings have been on a steady rebound since March 28th and stagnated and experienced a slight dip this past weekend - likely due to the holiday weekend. Barring that, based on the current trend, we can anticipate that showings will likely continue to increase as buyers regain confidence, so long as rates stay low.
The Market of the Moment
Nobody knows the future. Every industry is inspecting the coronavirus spread, wondering if, when and how it could affect business. Will it affect your real estate business? In short, yes. There are certain indicators that can give us insight into the impact the current conditions and what strategies you should adopt now to prepare your business.
About Monica Rivera
Monica is a 2nd generation Realtor®, Keller Williams Team Leader and #1 Best-Selling Author with over a decade of real estate experience spanning across investments, flips, residential and commercial real estate. Most notably, Monica co-owned a Property Management & development company specializing in Collegiate towns which she helped grow from a humble portfolio of 90 units to 700+ with a monthly cash-flow of half a million dollars for their clients in just under 2 years (at only 23 years old). She has shared the stage with Kevin Harrington of ABC’s Shark Tank and has been featured on multiple media outlets including NPR, KTLA Channel 5, Real Estate Game Changers Radio, Realtor.com, and Clarity FM, just to name a few. Monica is currently focused on her passion of coaching and consulting Real Estate Agents as the Team Leader & CEO for Keller Williams South East Los Angeles in Downey, Ca. She is one of the youngest brokerage leaders in her industry, giving her a competitive advantage as a digital native with years of experience in business development and real estate, allowing her to position her agents for success in a constantly evolving and competitive real estate landscape.
