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Signs of Life in a Slow but Shifting Market
The Southern California housing market remains soft but is beginning to show signs of momentum as we head into summer. Buyers and sellers alike are feeling a bit more confident, even as high mortgage rates and price cuts remain part of the story.
📈 Buyer & Seller Confidence Ticks Up
In May, Fannie Mae’s Home Purchase Sentiment Index hit its highest point in six months. More consumers now believe it’s a good time to buy or sell, with buyer optimism reaching its best level since early 2022. Sellers are warming back up too—though many are still cautious about listing in today’s high-rate environment.
Here in Southern California, we’re hearing more conversations from sellers thinking about listing by late summer or early fall—especially if rates begin to ease.
🏠 Price Cuts Are Back
Nationally, nearly 1 in 5 homes had a price reduction in May—the most for this time of year since 2016. In California, 37% of active listings saw price cuts last month. Rising inventory is playing a role: statewide housing supply is at a 66-month high, giving buyers more options—and more leverage.
Locally, we’re seeing more price adjustments across Southern California, particularly in higher price ranges. Sellers are becoming more realistic as they compete for fewer committed buyers.
🏦 Mortgage Activity Slows (But Still Stronger Than Last Year)
Mortgage applications dipped slightly at the end of May, following a three-week stretch of rising rates. However, demand is still stronger than this time last year, which is a positive sign for the summer market. Many buyers remain on the sidelines, waiting for clarity on where rates are headed.
If you’re planning to buy this year, consider getting pre-approved now—competition is still stiff for well-priced homes, and pre-approval gives you a head start.
👷♂️ Job Growth Remains Resilient (Barely)
The U.S. added 139,000 jobs in May—more than expected—but previous months were revised lower. While the job market isn’t flashing red, it’s definitely cooling. Slower job growth often leads to more cautious spending and borrowing, which could influence housing demand in the months ahead.
Locally, employment in healthcare and hospitality continues to grow—two sectors that are critical to the SoCal economy.
🚚 More People Are on the Move
After years of staying put, Americans are relocating again. Moves within the same city or metro area are up 11% year-over-year, and moves to different metros rose 7%, according to new Bank of America data.
In fact, over half of surveyed homebuyers believe 2025 is a better time to buy than last year. Life doesn’t wait for perfect market conditions—and we’re seeing that play out locally, with more people buying for family, work, or lifestyle changes despite higher borrowing costs.
🎯 Bottom Line for Southern California Buyers & Sellers
The market isn’t roaring back just yet—but sentiment is improving, and motivated buyers are still making moves. If you’re thinking of selling, strategic pricing is key. If you’re a buyer, patience and preparation go a long way in today’s climate.
📩 Have questions or thinking about your next move? I’m always happy to help!
Hope everyone has a great Father's Day weekend!
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179 Santa Ana Ave.
Long Beach, CA 90803
3 Bed | 3 Bath | 3308 SF | $1,975,000
Modern Coastal Luxury in the Heart of Belmont Shore!
Prepare to be impressed by this stunning 3-bedroom, 3-bath, four-story contemporary home offering over 3,300 sq ft of sleek, modern living. Located just steps from the best of Belmont Shore, this light-filled residence features an open-concept living area with hardwood floors, a gourmet kitchen with quartz island and stainless steel appliances, and multiple balconies to enjoy the ocean breeze. The luxurious primary suite boasts a double-sided fireplace, spa-like bath with soaking tub, and a custom walk-in closet. Additional highlights include a ground-level entertaining space with bar, private loft, laundry room, solar panels, and a two-car garage with extra parking. Thoughtfully designed for comfort, style, and coastal living, this is a rare opportunity you don’t want to miss!
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133 The Promenade N #319
Long Beach, CA 90802
1 Bed | 1 Bath | 910 SF | $549,900
Modern loft style living in the heart of downtown Long Beach!
This wonderfully oversized one bedroom open concept loft style condo in a premium building located at the vibrant center of downtown Long Beach is ready to be yours! Walk to the wonderful shops and restaurants all around the area. Hop onto the light rail and travel all over Los Angeles / Hollywood / LAX and will soon go even as far as Pomona! With the waterfront just minutes away and walk/bike pathway all the way to Belmont Shores, the access possibilities are endless. This loft style condo features an open concept kitchen overlooking the living room and balcony that has the feel of airiness matching the 10 feet high ceiling throughout. Wood flooring with sliding frosted panels featured for the bedroom.
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6859 E Monaco Pkwy.
Orange, CA 92867
4 Bed | 3 Bath | 2,190 SF | $1,400,000
Charming Tri-Level Home in Desirable Serrano Heights!
Nestled near a quiet cul-de-sac in the sought-after Serrano Heights community, this 4-bedroom, 3-bathroom tri-level home offers comfort, space, and style. The welcoming front porch opens to a light-filled interior with large windows, a mix of tile and carpet flooring, ceiling fans, and an open-concept kitchen featuring stainless steel appliances, updated cabinetry, a pantry, and island—perfect for entertaining. The spacious primary suite boasts dual closets, a soaking tub, separate shower, and double sinks. Enjoy peaceful views from your private balcony overlooking the beautifully landscaped backyard with mature trees and plenty of room to create your ideal outdoor oasis. Additional highlights include an indoor laundry room, direct-access two-car garage, and proximity to top schools, shopping, dining, and scenic trails at Santiago Oaks Regional Park.
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218 W 9th St.
Long Beach, CA 90813
1 Bed | 1 Bath | 990 SF | $380,000
Welcome to your new home in the heart of Downtown Long Beach!
This stunning home offers the perfect blend of historic charm and modern convenience. As you step inside, you'll be welcomed by a private staircase that leads to your tranquil retreat. The main living area boasts original hardwood floors that beautifully accentuate the dining and living rooms. You'll find built-in storage space lining the walls of the dining room, perfect for keeping your space organized and clutter-free. Adjacent to the living room is a cozy bonus room, offering endless possibilities. Situated just 9 blocks from the beach, this home is ideally located close to major freeways, a variety of restaurants, and shopping destinations. Don't miss the chance to make this versatile and charming unit your own!
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2901 Llewellyn Dr.,
Signal Hill, CA 90755
4 Bed + Den | 3 Bath | 2640 SF | $5,500 / Month
Beautiful 4-Bedroom Home with Loft in Gated Bixby Ridge Community! Welcome to this beautifully maintained 4-bedroom, 3-bathroom home with a loft and den, located in the highly desirable gated community of Bixby Ridge. This spacious residence offers a bright and open layout with soaring cathedral ceilings, a formal living and dining area, and abundant natural light flowing in from the large side yard. The thoughtfully designed floor plan includes one bedroom and full bath on the main level, three additional bedrooms and a flexible den on the second floor, plus a generous third-floor loft—ideal for a home office, gym, or playroom. The primary suite features a walk-in closet, dual sinks, and a luxurious bath with a soaking tub and separate shower.
The gourmet kitchen boasts stainless steel appliances, granite counters, a center island, and breakfast bar, opening to a cozy family room with a gas fireplace and backyard views—perfect for entertaining or relaxing. Additional highlights include custom plantation shutters, recessed lighting, central air and heat, and a 2-car attached garage with direct access. Laundry hookups are conveniently located on the second floor. Don’t miss this opportunity to live in a secure, peaceful community near parks, shopping, and dining.
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939 E Appletong St #8
Long Beach 90802
2 Bed | 2 Bath | 900 SF | $2,500
Discover this delightful top floor condo in the heart of Alamitos Beach. Just steps from the beach, East Village, Retro Row, and Shoreline Village, this two-bedroom, two-bathroom gem offers a cozy and inviting living space. Featuring spacious bedrooms with ample closet space, large windows, and retro bathroom tiling, this condo provides comfort and character. The kitchen boasts tile floors and counters, a refrigerator, dishwasher, range, oven, and plenty of storage. The living room opens to a private balcony overlooking the courtyard, while a one-car garage with storage and community laundry facilities add convenience. Enjoy the vibrant local scene with great restaurants, cafes, entertainment, and parks nearby.
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1535 E Ocean Blvd #3
Long Beach, CA 90802
2 Bed | 1.5 Bath | 943 SF | $575,000
Beautiful Top-Floor Corner Condo with Peek-a-Boo Ocean View!
Enjoy beachside living in this beautiful 2-bedroom, 1.5-bath condo offering views of Ocean Blvd from its prime top-floor corner location. Just steps from the sand with easy beach access, this home features a spacious living room with gorgeous wood floors and recessed lighting, while the updated kitchen offers granite countertops, white cabinetry, and stainless steel appliances. Located right across the street from the beach with beach access. Rare private garage with remote. Conveniently located close to all of the great restaurants, cafes, and entertainment in downtown Long Beach and Belmont Shore. Don’t miss this chance to live just moments from the beach, bike paths, and ocean breezes!
Eligible for a $20,000 down payment grant from City National Bank!
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8230 Santa Inez Place,
Buena Park, CA 90620
4 Bed | 2 Bath | 1,194 SF | $655,000
Stylish 4-Bedroom End-Unit Townhome in the Heart of Buena Park! Welcome to this beautifully upgraded end-unit townhome ideally located in central Buena Park. The spacious and flexible floor plan features a desirable main-level primary suite with an attached remodeled bath, plus a second expansive primary suite upstairs with a walk-in closet and shared bath. The modern kitchen is a true highlight—featuring sleek quartz countertops, newer cabinetry, Frigidaire stainless steel appliances, and a chic blue subway tile backsplash - perfect for cooking and entertaining. Luxury vinyl plank flooring runs throughout the home, complemented by updated bathrooms, central heat & A/C, and direct access to a 1-car carport. Enjoy indoor-outdoor living with your own private enclosed backyard, ideal for lounging, dining, and summer BBQs. The community offers resort-style amenities including a sparkling pool, tennis court, clubhouse, and playground. Just minutes from Knott’s Berry Farm, shopping, dining, and the 91 Freeway, this home is the perfect blend of comfort, convenience, and style.
Eligible for a $20,000 down payment grant from City National Bank!
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1811 Tevis Ave.
Long Beach 90815
5 Bed | 2 Bath | 2018 SF | $1,420,000
Stunning Remodeled 5-Bedroom Home in Highly Desirable Los Altos! This beautifully remodeled home is nestled on a picturesque tree-lined street in one of Los Altos’ most sought-after neighborhoods. Designed for modern living and entertaining, the open floor plan features hardwood floors, beamed ceilings, and custom paint throughout. The gourmet kitchen boasts sleek white cabinetry, black quartz countertops, a spacious island, and high-end GE Profile stainless steel appliances. Enjoy seamless indoor-outdoor living with a stunning wall of glass-pane doors that open to an entertainer’s patio and a beautifully landscaped backyard. Recent upgrades include a new roof and driveway in 2024, solar system with dual batteries in 2024, and new windows in 2023. Conveniently located near shopping, parks, Trader Joe’s, Cal State Long Beach, and award-winning Minnie Gant Elementary School—this home truly has it all!
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6007 Eckleson Street
Lakewood, CA 90713
3 Beds | 3 Bath | 3016 SF | $1,050,000
Beautiful 3 bedoom, 3 bath two story home in a great neighborhood in Lakewood! This lovely home features 2 bedroom downstairs, a spacious family room and large upstairs primary bedroom suite. Fresh interior paint and new central AC. Move in ready!
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3603 E Hungerford St.
Long Beach, CA 90805
2 Bed + Bonus Room | 1 Bath | 1064 SF | $775,000
Charming 2-Bedroom + Bonus Room Home in a Quiet Long Beach Neighborhood! This beautifully updated home features fresh exterior paint, a new roof, and central AC. The light-filled living room boasts wood floors, recessed lighting, and an inviting atmosphere, while the updated kitchen includes granite counters, stainless steel appliances, and modern cabinetry. A spacious bonus room with a stone fireplace offers versatility as a family room or 3rd bedroom. The expansive backyard with a patio is perfect for entertaining or adding an ADU, and the long driveway with a finished 1-car garage provides plenty of parking. Located near Lakewood Mall and local amenities, this home is a must-see!
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223 Elm Ave.
Long Beach 90802
2 Bed | 3 Bath | 1570 SF | $785,000
Enjoy modern luxury living in this stunning 2019-built townhome at The Huxton in the East Village Arts District. This inviting home features an open-concept layout perfect for entertaining, with high ceilings, large windows, recessed lighting, and beautiful flooring throughout. The gourmet kitchen boasts quartz countertops, soft close cabinets, and upscale appliances by Bertazzoni and Bosch. Upstairs, two primary suites offer walk-in closets and luxurious bathrooms. Enjoy city views from the spacious rooftop deck – ideal for relaxing or BBQs. Eco-friendly features include owner-owned solar panels and a garage pre-planned for EV charging. Located in a secure, gated complex, you’ll be steps from the waterfront, dining, cafes, and nightlife.
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3817 W Compton Ave.
Orange, CA 92868
4 Bed | 2 Bath | 1316 SF | $985,000
Beautiful Single-Story Pool Home with Modern Upgrades in Orange, CA! Discover this stunning 4-bedroom, 2-bathroom home situated on a spacious 7,598 sq. ft. lot in a fantastic Orange neighborhood. This thoughtfully updated home offers everything you need for comfortable living and entertaining. Located in a friendly neighborhood, this home offers unbeatable access to major freeways (I-5 and 22), top destinations like UCI Medical Center, Angels Stadium, Disneyland, Old Towne Orange, The Outlets at Orange, Chapman University, Honda Center, and GardenWalk. This is the perfect opportunity to live in a vibrant area while enjoying a tranquil and well-appointed home.
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3824 Pacific Ave.
Long Beach 90807
4 Bed | 3.5 Bath | 2646 SF | $1,710,000
Stunning, custom-built single story Mediterranean style pool home! Set amidst towering palms on one of the city's most prestigious avenues. A Saltillo-tiled walk leads to custom-made iron doors entering into the grand reception foyer beneath soaring cathedral ceilings. Exquisite 3/4 solid oak hardwood flooring flows throughout. The awe-inspiring great room boasts a 12' high cathedral ceiling, crown moldings and a gas fireplace. Custom designed gourmet kitchen features classic cherry wood cabinetry, granite counters, walk-in pantry, 5 burner gas cooktop, Stainless dual ovens, Built-in ref/freezer, dishwasher, a large island with seating for 4 and a separate dining area. Outside the kitchen is a fabulous raised lighted deck leading to the newly built pool area. A unique roofed but open-air lounge perfect for indoor/outdoor living and entertaining. There is also a full pool bath located next to the open family room and pool.
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