Category: Latest Posts

In Late-Q3, ~21% of active listings had price cuts, while inventory topped 1.16M homes and moved within ~9% of typical pre-pandemic levels.
Buyer activity stayed cautious as homes under contract ↓~4% yearly for a second straight month, showing higher mortgage costs still limited affordability.
The national median list price was ~$419K, down ~1% MoM and yearly, marking an 11 mo stretch of yearly declines; price per sq-ft ↓~2% yearly.
Sellers largely stayed in the market: ~6% of listings were delisted, roughly flat yearly, while more owners reduced prices and opened negotiation room.
The next key test is whether additional price cuts bring more signed contracts, or whether rising supply and softer demand extend this adjustment period.

Across the country, new homes are emerging as a compelling value, thanks to price reductions and attractive incentives from builders—perks that resale sellers often can’t match. With many homeowners choosing to stay put due to current mortgage rates, the supply of existing homes remains tight, which puts new construction at the forefront for those comparing cost and flexibility. In markets where building is robust, we see firsthand how increased supply can boost affordability, giving buyers more choices and encouraging builders to compete more aggressively. Recent trends include builders offering price cuts and mortgage rate buydowns—reminders to weigh both new and resale options carefully. It’s important to note, however, that these affordability improvements may be temporary if building permits continue to slow. Streamlined local policies and ongoing construction remain key to ensuring buyers’ options stay open. Our team’s refined, results-driven approach is designed to help you navigate these shifts and secure the right move, whether you’re buying, selling, or investing.

Southern California’s housing market continues to show impressive resilience, even as 30-year mortgage rates have climbed into the low-7% range since October 1, up from the mid-6% at the end of late summer. Here in our region, single-family home prices have held steady despite that jump—evidence that the right approach can make a real difference. Condos, on the other hand, are facing a more challenging landscape, with less price stability. Increasing insurance premiums, HOA reserve requirements, and mandated balcony repairs have all contributed to higher ownership costs, with special assessments becoming more common in some communities. These added expenses are weighing on buyers’ budgets and making the condo market especially sensitive to pricing and negotiation. This is where a tailored strategy is essential: instead of reacting to national headlines, success right now means zeroing in on your personal goals, current neighborhood trends, and the real inventory you’re competing against. Our team’s proprietary system is designed to help you navigate these nuances—whether you’re buying, selling, or investing—to achieve the best possible results.

Curious about the top-tier market activity in Garden Grove? Here’s a look at the most expensive homes listed for September 2026, with prices ranging from $1,475,000 up to $2,399,000 (Listing OC26189281 leading the way). These properties represent the very best of what Garden Grove has to offer this month, whether you’re tracking trends for investment, preparing to sell, or just keeping an eye on the local luxury landscape. Our team’s refined, results-driven approach is designed to help clients navigate this dynamic market—always with an eye toward maximizing value and opportunity.

Recently, about one in five homes on the market underwent a price cut, while less than 6% were delisted—even as sellers nationwide opted to adapt rather than exit. Mortgage rates painted a challenging backdrop: the conforming 30-year fixed rose from the high-6% range early on to above 7% mid-month, climbing further as the quarter ended. Active inventory surpassed 1.16 million homes, and the median listing price eased by about 1% month-over-month to $419,300, giving buyers a bit more room to negotiate. New listings dipped roughly 2% to around 395,000 in late Q3. Economists noted that rising borrowing costs have tempered how much buyers can leverage these shifts. As we move into early Q4, the big questions are whether these conditions will drive deeper discounts, lead to repeated price cuts, or extend selling times across the board. Navigating these dynamics is exactly why we’ve developed a results-driven system for sellers, buyers, and investors—arming you with strategies that adapt to every shift in the market.