Improving slowly, with active listings up about 15% year-over-year. ⚖️ Critical Regulatory Environment
The market has shifted from the frenzy of 2021-2022 to a more balanced environment where buyers have more negotiating power.
Los Angeles has some of the strictest rent control and habitability laws in the country. Failure to comply can lead to heavy fines or invalidated evictions. Rent Control Tiers Renter Protections - LAHD - City of Los Angeles
Roughly $910,000 for LA County, a slight year-over-year dip of about 1.6%.