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Palms Market Update: Absorption Rate of 35% for September 2024

Welcome to fall in Palms, 90034! It’s that time of year when the leaves change color (okay, maybe not so much in LA), the air gets crisp (kind of), and the real estate market shows signs of slowing down—or speeding up, depending on who you ask. September 2024 was an interesting month in Palms, with an absorption rate of 35%. For those unfamiliar with real estate jargon, the abso...