Los Angeles Real Estate Market Update

If I had to sum up the current real estate market in one phrase, I’d say “Now is a great time to buy.”

Since the 2008 recession, property prices in Los Angeles have continued to climb. However, after a major fire in January 2025, we’ve started to see a softening in prices—making it a more buyer-friendly market.

For example, there’s a property in Downtown LA that was purchased in the $700,000 range in 2023, and now it’s listed for just $500,000.

Under normal circumstances, holding a property for two years would typically lead to appreciation. So why is this happening? One major factor is the current high interest rates, which remain around 6.5% to 7%. Many homeowners are struggling with loan payments, forcing them to sell.

The same applies to investment properties—developers unable to meet construction loan payments are left with no choice but to give up their projects.

If you’re considering investing in real estate in Los Angeles, or if you’re looking for a smart opportunity to buy, feel free to reach out.

I’d be happy to help you based on your specific goals and needs.