Los Angeles Real Estate Blog & Market Updates

When a home inspection uncovers issues like structural damage, mold, or roof problems, get at least three repair estimates before you decide how to move forward. Bids for the exact same scope of work can differ by tens of thousands of dollars, and the inspector's ballpark number in the report is not a substitute for a real bid.

Before you write an offer, or right after you fall for a house, spend real time in the neighborhood around it. Drive the school route, shop the grocery store, grab coffee, and walk the block, because lifestyle fit in the San Fernando Valley or on the Westside matters as much as the floor plan.

The LA housing market in August 2026 holds a slight seller's advantage, with a Market Action Index of 35 and median list price at $1,399,000. Mortgage rates climbed to 6.71%, the highest level in over a year, yet well-priced homes across the San Fernando Valley and the Westside of Los Angeles are still drawing multiple offers while overpriced listings sit.

California's FAIR Plan is raising residential insurance rates by an average of 29.1% starting October 15, 2026, but that number is a statewide average, not what any one homeowner will pay. In San Fernando Valley communities like Tarzana, Encino, Sherman Oaks, Studio City, Woodland Hills, and Calabasas, the real difference comes down to whether a home sits in the flats or climbs into the hills, with hillside and canyon-adjacent properties facing the steepest increases.

New restaurants in Tarzana this year include Danny's Corner Kitchen, Flavez Burger, Wakey Wakey, Shams Cafe, Labanz Cafe, Tillie's Coffee, and Burritos Blvd, all open now along Ventura Boulevard, with Handel's Homemade Ice Cream coming soon and Philz Coffee expected to open September 14, 2026. Tarzana's longtime treasures are still going strong too, places like VIP's, Fabrocini's, and Tasty's Donuts that have fed this community for decades.

Mortgage rates for San Fernando Valley and Westside buyers have spent much of August hovering in the mid-to-upper 6% range. Freddie Mac's August 27 weekly average was 6.66%, but rates moved higher following Federal Reserve Chair Kevin Warsh's August 28 Jackson Hole remarks, a reminder of how sensitive borrowing costs remain to inflation data and expectations about future Fed policy. Rates haven't meaningfully improved, but higher rates are also helping create a less competiti

A general home inspection covers the overall condition of a home's major systems and structure, but it is an overview, not a deep dive into any one area. Specialty inspections, including sewer line, mold, termite, foundation, roof, pool, electrical, drainage, and plumbing, go far deeper and are often worth the extra cost, especially when nothing looks obviously wrong on the surface.

The Sherman Oaks restaurant boom along Ventura Boulevard is bringing a wave of new spots within easy walking distance of each other, from Jawny's Philly cheesesteaks and Burger She Wrote's smash burgers to Kreation Organic's cold-pressed juices, with Yama Sushi Marketplace and Hapa Haus's golf simulators on the way. For anyone living in or considering Sherman Oaks, it is turning a familiar stretch of the Boulevard into a genuine walk-to-dinner neighborhood.

You know you're ready to buy a home when you have an actual lender prequalification (not just a conversation), a clear sense of your real monthly number, and a realistic view of your budget. Ready buyers have separated their needs from their wants, have a target area in mind, and can move quickly and confidently once they find the right home.

Selling a home in the San Fernando Valley or on the Westside comes down to three things: realistic pricing, a clear timeline, and focused preparation before you list. The data can tell you what similar homes have sold for, but the buyer determines your final sale price, not your agent and not the comps. Sellers who treat their list price as an invitation rather than a guarantee, and who prepare their home properly before it hits the market, are the ones who sell for the most

The most important questions to ask a realtor before selling your home are how well they know your neighborhood, how they approach pricing, how they handle negotiations and offers, and how they will guide you through premarketing and preparation. In the San Fernando Valley and on the Westside right now, real local knowledge and pricing discipline separate a trustworthy advisor from someone reciting a quick AI search.

A 353-unit apartment community called Modera Santa Monica is planned for 1633 26th Street, replacing an aging office building two blocks from the 26th St/Bergamot Metro Station. It's part of a broader Santa Monica development trend converting underused office space along the Santa Monica, West LA, and Brentwood border into housing near transit.

Compromising when buying a home in Los Angeles usually means choosing a house with good bones in the right location over waiting for one that checks every single box. Buyers who wait too long for a perfect home often end up paying more later for less, while buyers who compromise on the right things build equity and can always improve or move up from there.

Providence Cedars-Sinai Tarzana Medical Center's $562 million Tarzana Reimagined project has already delivered its biggest piece: the 150-room Friese Family Tower, the new main entrance, and the 600 stall parking structure are all open and in daily use. What is still being finished is the emergency department expansion from 60 to 100 treatment spaces, along with the final stages of seismic retrofitting on the hospital's older buildings, and Cedars-Sinai has now become a full

Published on July 23, 2026 by Leegie Parker Leegie Parker | Real Estate Advisor | DRE 01020534 | Compass | Leegie.com A real estate agent at an open house in a Los Angeles home Quick Answer Understanding what open house activity means comes down to context. For a seller, little to no open house traffic and few showings usually points to a pricing problem, especially when inventory is limited. For a buyer, a packed open house is a signal to act rather than wait, because in rea

The Los Angeles housing market slowdown in 2026 is real, and right now it is showing up across nearly every price point and neighborhood, at both open houses and private showings. The slowdown is being driven by a normal summer lull, a month of World Cup attention here in LA, and broader economic uncertainty, not by falling home values. Well-priced homes are still selling, sellers are not taking losses, and activity is expected to pick back up as summer winds down.

The pockets of Tarzana run from the attainable flats north of Ventura Boulevard, where most homes trade between $1 million and $1.4 million, up to the guard-gated hillside estates where custom homes reach well into the multimillions. Tarzana is really six distinct neighborhoods, and knowing which one you are looking at is the key to understanding what you are buying.

Tarzana real estate in 2026 is a low-inventory, pricing-sensitive market. In the first six months of the year, 87 single family homes sold at a median price of $1.8 million, averaging 40 days on the market and 95% of list price. Well-priced homes draw showings quickly at every price point, while overpriced listings sit through round after round of reductions.

Published on July 9, 2026 by Leegie Parker Leegie Parker | Real Estate Advisor | DRE 01020534 | Compass | Leegie.com June Market Stats At a Glance The Los Angeles real estate market in June 2026 is steady, with a slight seller's advantage. The median list price for single family homes in the City of Los Angeles eased to $1,469,500, active inventory grew to 1,948 homes, and mortgage rates ended the month at a seven-week low of 6.43%. Well-priced homes are still moving fast: th

Moving to Los Angeles means preparing for earthquakes, power outages, coyotes and other wildlife, wildfire risk, and insurance changes that most relocation guides skip over. A basic earthquake supply kit, a go bag with your essential documents, a car that never drops below half a tank of gas, and a careful read of a property's Natural Hazard Disclosure report will serve you better than any list of best neighborhoods. This post covers eleven things about life in LA that come u