One year in the real estate market

by | Dec 30, 2021 | 0 comments

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LOS ANGELES — Spectrum News first introduced Meah Burstein, 26, and Lenard Gorokhov, 28, in July. The couple, who were newly engaged were living in Burstein’s parents’ guest house and had decided to forgo a big wedding in order to save up to buy their first home.

However, this past summer and throughout the pandemic, California’s real estate market became exceptionally challenging to navigate due to price increases, low mortgage rates and competition.

Burstein, a tech recruiter and Gorokhov an attorney, had been renting an apartment in downtown LA up until the pandemic when they changed their plans.

 

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