Los Angeles 2025 Housing Market Update | Real Estate | Santa Monica

The Real Estate industry was completely rocked last year, and it's evolved in more ways than you can imagine.🏡 But what’s in store for 2025? Comment "UPDATE" and keep reading for a snippet of the major changes and what you can expect! 👇

📉 2024 Recap:
✨ New Commission Structure changed how agents negotiate their fees
✨ The days of low mortgage rates are over
✨ Low inventory and high rates kept days on market higher
✨ Evolving rent control laws shook up the market

🔮 2025 Conditions & Predictions:
✨ Insurance Moratorium and its affect on homeowners
✨ Ban on solicitating in fire affected neighborhoods
✨ Significant surge of homes unlikely
✨ Rates expected to stabilize in the 6s 👀

It's more important now than ever before to work with a Real Estate Team that is highly versed in the current landscape and trained to handle the ever evolving market.

If you want the full breakdown of what's been going on, the current landscape and what to expect next, comment “UPDATE” and I’ll send you my latest #KeriTV where I go over the latest news in the Housing Market! 📩

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