Southern California’s housing market continues to show remarkable resilience—even as 30-year mortgage rates climbed into the low-7% range by October 1, up from the mid-6% range just weeks prior. Despite these higher rates shaping financing strategies, single-family home prices in our region have held steady. Condos, however, have faced more challenges, with less price stability as rising insurance costs, increased reserve requirements, and mandatory balcony repairs have driven HOA fees—and, in some cases, special assessments—higher. These additional ownership expenses have weighed on buyers’ purchasing power, making it especially important to approach condo pricing and negotiations with care and realism.
In this environment, I always encourage clients to look beyond national headlines and focus on what truly matters: your personal goals, neighborhood trends, and the specific inventory you’re considering. My background in business finance and experience in both local and overseas real estate development allow me to approach every transaction with a strategic, well-rounded perspective. Helping families find the right path to homeownership and build generational wealth remains my driving motivation.
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