Mortgage Rates: Not Ideal, But Manageable
- Rates are higher than a few years ago, but not at historic highs
- Many buyers are still qualifying — and buying
- Refinancing is always an option down the line
- Waiting for the “perfect rate” could mean missing the right home
Inventory Is Up — So Is Buyer Leverage
- More listings = more choices for buyers
- Fewer bidding wars than we saw in 2021–2022
- Homes are sitting longer, which means more negotiating power
- You don’t have to rush or waive contingencies
Rent Is Still Climbing
- Rent in LA remains high — and keeps rising
- Owning builds equity, renting doesn’t
- In many cases, your monthly mortgage payment may be comparable to what you’re paying in rent
Should You Wait? Here’s What I Tell Buyers
Don’t try to time the market — instead, ask yourself:
- Do I have stable income?
- Do I have a down payment saved?
- Am I planning to stay in my home for at least 3–5 years?
If yes, it’s worth exploring your options now while the market is more buyer-friendly.
Let's Talk
Buying in Los Angeles isn’t always easy — but it doesn’t have to be overwhelming. I’m here to guide you through every step and help you make the best move for your situation.
Reach out anytime — I’m happy to answer questions, set up showings, or just chat about what’s possible.
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Jose Rafael
Los Angeles Real Estate Agent
