August Los Angeles Market Update
It’s mid-summer 2025, and the real estate market is shifting. While some agents say business is booming, most experts agree: we’re in a buyer’s market. Inventory is up, homes are sitting longer, and buyers are more cautious—giving them more leverage than in recent years.
According to a recent Intercontinental Exchange report, over 30% of the nation’s largest markets have seen prices dip from recent highs, with greater Los Angeles among the areas seeing declines. That means opportunities for buyers, but also new challenges for sellers.
On top of that, changes from the 2024 NAR settlement have reshaped how agents are compensated, putting pressure on commissions and creating more competition among brokerages. The days of easy, over-asking-price sales are behind us.
Still, the best agents adapt. At Re/Max Tri-City Realty, I’m proud to be part of a forward-thinking team led by Mathu and Levon Matti. Together with a strong support staff—including some of the best escrow officers, lawyers, and transaction managers in the business—we’re committed to providing honest, professional, solution-based service.
I’ve lived, worked, and raised a family right here in the La Crescenta and greater Los Angeles area. That local knowledge and personal connection helps me guide clients through today’s more complex market.
If you’re considering buying, selling, or leasing residential or commercial property, I’d love to discuss how I can help you succeed in this changing landscape.