Will homes in LA ever get cheaper than this?

HOUSES WILL NEVER BE AS CHEAP AS THEY ARE TODAY

(And no, that’s not a scare tactic. It’s just how the math plays out.)

Rates are up. Prices are weird. So what are people actually waiting for?

Let’s be honest - this whole market is confusing.

Rates are high. Prices feel... detached from reality.
And the general vibe? “Just wait.”

So maybe that’s what you’re doing.|
Waiting for prices to drop.
Waiting for rates to normalize.
Waiting for the media to say, “now’s the time.”

Thing is, I hear versions of this every week.
Smart people, cautious people - people who could buy right now - deciding not to.

Because they’re not really waiting for a “better” market.
They’re waiting for a clearer one. A market that feels obvious. Safer. Easier.

I get it. I do the same thing with other big decisions. But the part that’s worth pausing on is this:

The moment it finally feels easy to buy… you’ll probably be late.

They waited for the rate drop. Here’s what it cost them.

The Los Angeles market doesn’t behave the way people expect it to.

We don’t get the kinds of downturns that other places do. At least not in the neighborhoods you’d want to buy in. There’s too little inventory. Too much demand. And not enough land left to create real “deals.”

They were smart, cautious, and like a lot of buyers at the time, hoping for some kind of correction.

Maybe a crash. Maybe lower interest rates. Something to make the decision feel obvious.

But they had to see that for themselves.

So we kept looking. Quietly. Watching what was moving, what wasn’t, and how pricing was behaving in real time. And that’s when things shifted.

There was a listing that had a ton of interest but, oddly, no official offers. 

But the seller, smartly, dropped their price from $2.2M to $2M to create urgency.

Then the stock market took a dive - Chinese tariffs were all over the news - and fear spiked overnight.

Most buyers pulled back.

I called my clients and said, “This is your moment.”

They leaned in when others backed out.

We wrote aggressively at $1.9M - and we got it. Closed it with a $25,000 credit to pay for closing costs too.
And the appraisal? Came in at $2.15M !!!! 
That means - on day one - they walked into $250,000 in equity.

This wasn’t about timing the market perfectly.

They moved when everyone else got scared.
As Warren Buffett says: “Be fearful when others are greedy, and greedy when others are fearful.”

And in real estate? That rule holds - except when there are multiple offers.
Because if other sharp buyers are circling, that’s often the clearest sign you’re looking at something worth having.

It’s not about waiting for the perfect moment.
It’s about knowing when not to blink.

A calm market feels good. Until everyone else jumps in first.

Look, you don’t have to rush. Seriously.

But if you’re waiting because you think things are going to get cheaper?
That part might deserve a second look.

Because LA doesn’t have room for prices to fall - not in the way people hope.
Rates might dip, sure. But if they do, buyers come off the sidelines. And then? We’re back to over-asking and waived contingencies.

This isn’t about FOMO. It’s about understanding what’s actually likely to happen here - and what’s not.

Maybe you buy this year. Maybe you don’t.
But at the very least, run the math. Figure out your lane.

And if you're open to it - I’ll help you map that out. No pressure, no pitch.
Just a real breakdown of what makes sense based on where you're at.