advice on new loans 800.555.4242 Client PORTAL
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As of December 10, 2024, the Los Angeles real estate market exhibits a complex landscape characterized by rising home prices, shifting buyer behaviors, and evolving investment strategies. 1. Rising Home Prices The median home price in Los Angeles County has reached approximately $956,210, marking a 7.0% year-over-year increase from October 2023. This upward trend reflects sustained demand amid limited housing inventory. 2. Shifts in Buyer Behavior Elevated mortgage rates, averaging around 6.3% throughout 2024, have impacted affordability, leading to a more cautious approach among buyers. The average time a home remains on the market has increased to 38 days, up ...
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Deal Street Capital LLC is a licensed mortgage lender and broker. All loans are subject to approval based on creditworthiness, property evaluation, and applicable underwriting criteria. Terms, conditions, and eligibility requirements are subject to change without notice. This is not a commitment to lend. Rates and fees are subject to change depending on market conditions and borrower qualifications.
The information provided on our website, advertisements, and communications is for general informational purposes only and should not be construed as financial, legal, or tax advice. We recommend consulting with your own financial, legal, or tax advisors regarding your specific situation.
Deal Street Capital LLC operates in compliance with all state and federal laws. We are licensed under the California Department of Financial Protection and Innovation (DFPI) under the California Finance Lenders Law License. Licensing information can be provided upon request.
Borrowers are encouraged to carefully review all loan documentation and disclosures provided before entering into any agreement.
For more information or to inquire about our services, please contact us directly.
License Number: 60DBO-190213
License Name: California - DFPI Financing Law License
NMLS ID: 2111568
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