South Bay Vision | Real Estate Market Update | April 2016

Federal Reserve officials have reduced estimates of how much they expect to raise short-term interest rates in 2016 and beyond. All signs are leaning toward two increases this year compared to four in 2015. *

You will see from the reports below our Beach Cities are showing strong increases in pending sales as well as active listings.

Should your plans include real estate purchase and sales, please call or email with questions – and as always, thanks for your referrals! The Sotheby’s International Realty® network provides access to luxury real estate and homes for sale worldwide.

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*Source: Wall Street Journal March 16 2016