What to Expect in the Southern California Housing Market Over the Next 6–12 Months
The real estate market in Southern California is at a turning point, with interest rates and affordability shaping what’s ahead.
📉 Rates & the Job Market
The job market has weakened, which could push the Fed toward rate cuts. Mortgage rates track the 10-year Treasury, so if rates dip into the low 6% or even mid-5% range, buyer activity will likely surge.
🏡 Inventory Has Doubled
Compared to 2023, inventory is up nearly 100%, but demand hasn’t changed. The result:
Homes sitting longer
Price reductions
More canceled listings as sellers wait out the market
📊 What This Means
Buyers: More choices and negotiating power now. If rates fall, expect fierce competition. The smart play? Buy what you can afford and refinance later.
Sellers: Price right from the start, present your home well, and work with a professional who understands market dynamics and buyer psychology.
🤝 Your Next Step
Every situation is unique. Let’s review your timing, goals, and financial strategy together.
👉 Make an appointment with Dar bit.ly/3Du6LHb
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