For years, Southern California’s housing market has been red-hot, fueled by low interest rates, intense demand, and a historically tight inventory. But now, there’s a noticeable shift in the air: home price growth is finally beginning to slow. For buyers and sellers alike, this raises an important question — whose market is it now?

A Market in Transition

Over the past decade, Southern California has experienced unprecedented home value appreciation, especially in coastal counties like Los Angeles, Orange, and San Diego. But recent data suggests that this steep upward trend is leveling out. In fact, according to recent housing reports, price growth across the region has decelerated to its slowest pace in several years.

Why is this happening? Several key factors are at play:

• High mortgage rates: Interest rates have risen significantly from the historic lows seen during the pandemic. This has priced out many would-be buyers or pushed them to lower their budgets.
• Stretched affordability: Median home prices in many SoCal cities remain well above national averages, causing affordability concerns even for dual-income households.
• Increased inventory: While still low by historical standards, inventory has been creeping up, giving buyers a bit more breathing room.
• Economic uncertainty: Inflation, job market fluctuations, and national economic concerns are contributing to buyer hesitation.

Is It a Buyer’s or Seller’s Market?

The answer is: it depends — but we’re entering more of a balanced market, if not slightly tilting toward buyers in certain areas.

• Buyers now have more negotiating power than they’ve had in recent years. In many cities, bidding wars are no longer the norm, and sellers are more open to concessions, such as covering closing costs or offering price reductions.
• Sellers, however, still benefit from relatively low housing supply. Well-priced homes in desirable neighborhoods are still moving quickly — especially if they are turnkey and marketed effectively.

This nuanced market requires strategic decision-making. It’s no longer enough to just list or offer at a competitive price — understanding micro-market trends is essential.

What This Means for You

Whether you’re considering buying your first home, selling an investment property, or expanding your real estate portfolio, this cooling trend opens up both opportunities and challenges.

For buyers, it’s a chance to enter the market with less competition and more room to negotiate. For sellers, pricing and presentation have never been more important — homes that are overpriced or poorly marketed may sit longer than expected.

This is where expert guidance becomes invaluable.

Trust the Experts at Amin Vali Real Estate Investment Group

Navigating a shifting market can be complex, but you don’t have to do it alone. The Amin Vali Real Estate Investment Group has the experience, insight, and local expertise to help you make smart, confident decisions — whether the market is hot, cold, or somewhere in between.

From personalized strategies to in-depth market analysis, our team is here to support you through every step of your real estate journey.

Let’s turn market uncertainty into opportunity — together.

Amin Vali .

B.S in Civil Engineering,MBA, Realtor

Cell phone: +1 (949)220-1000

Phone : +1(310)300-0011

Web : www.aminvali.com

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