Los Angeles Luxury Housing Market Update: May 2, 2022

The Los Angeles West side market continues to flourish despite the war in Ukraine and the rapidly rising interest rates which have inched up to 5%. The luxury market over $5 million and certainly over $10 million do not seem to be impacted by either so far as many buyers are all cash and feel that real estate and Holmes are a safe shelter and hedge against inflation and other economic factors.

Danny Brown is the Principal of the Luxury Estates Division at Compass and the host of The Deal With Danny Brown podcast and Tuesdays With Danny.  Subscribe to our channel on Apple Podcast, Spotify, YouTube and wherever you consume your content.