Los Angeles Real Estate Blog & Market Updates

The Residences at Sportsmen's Lodge is a 520-unit, $500 million mixed-use development rising at Ventura and Coldwater in Studio City, with construction expected to run through 2027. For Studio City and Sherman Oaks homeowners, the closer your home sits to the site, the more you will feel both the short-term construction disruption and the longer-term amenity and walkability lift once the project delivers.

Luxury homes in Los Angeles generally start around $4 million, but what you get at that price depends entirely on the neighborhood. The ultra-luxury tier begins around $20 million, with trophy properties in Bel Air, Beverly Park, and Holmby Hills trading from $50 million into nine-figure territory. Roughly 25% of LA luxury deals happen off-market, and the market moves on a longer timeline than the general residential market.

Rams Village Woodland Hills is a $10 billion, 52-acre mixed-use development on the former Promenade Mall site, anchored by the new Los Angeles Rams headquarters. Woodland Hills is ground zero, and Tarzana, Encino, West Hills, Canoga Park, and Winnetka are all positioned for spillover demand, with the adjacent affordable pockets holding the biggest potential upside.

Mortgage brokers usually offer buyers more flexibility and a wider range of loan programs than banks, but banks can still be the right choice when a buyer already has a strong relationship with their existing bank. The smartest move is to get at least three quotes and compare them side by side.

The 30-year fixed mortgage rate fell to 6.30 percent this week, marking two straight weeks of declines and a four-week low. But the LA County data tells a more nuanced story: both pending and closed escrow numbers have declined over the past three weeks. Rates are moving in the right direction. The market has not caught up yet.

Mortgage rates fell last week to 6.37 percent, the first meaningful drop in weeks. Buyer activity across the Westside of Los Angeles and the San Fernando Valley has picked up noticeably. Rates update again Thursday, April 16, and I will be watching closely.

Yes, open houses still help sell homes when they are run thoughtfully, and with the new buyer representation rules, they matter more now than they have in years. They are not right for every seller or every home, and safety and preparation always have to come first.

Most buyers in Los Angeles can go from starting the process to keys in hand in about 60 to 100 days, depending on preparation and how specific their search criteria are. The biggest factors that slow things down are skipping pre-approval upfront and making large purchases during escrow.

• You do not have to sell your current home before buying a new one. There are several ways to make it work. • A cross collateral loan lets you use the equity in your current home to purchase your next one without a traditional down payment. • Selling with contingencies and negotiating possession terms can create breathing room for a smoother transition. • Every situation is different. The right approach depends on your timeline, your finances, and your comfort leve

A quick update for those purchasing real estate through an entity (LLC/trust) using all cash or private financing. The FinCEN Residential Real Estate Rule (RRE), went into effect March 1, 2026, requiring mandatory reporting of non-financed residential property transfers involving legal entities, trusts, or LLCs to combat money laundering.

Tarzana has one of the strongest senses of community of any neighborhood in the San Fernando Valley. People know each other here. • The neighborhood has deep, fascinating roots dating back to Edgar Rice Burroughs, the author who created Tarzan and literally named this community. Ventura Boulevard offers walkable access to restaurants, shops, markets, and services that rival any neighborhood in Los Angeles.

Should I buy a house in LA right now? That is probably the question I get asked more than any other right now. And I am going to give you the honest answer. The truth is, I never tell anyone across the board that it is a good time to buy. Every person's situation is different, and your decision to buy a home in Los Angeles should be based on your finances, your timeline, your life, and your goals, not just what the market is doing on any given day.

Agent compensation is always negotiable. Listing side typically runs 2.5 to 4%, and buyer's agent compensation, if the seller agrees to pay it, typically runs 2 to 3%. • Closing costs, including escrow and title fees, typically run about 1.25% of the sale price. • All in, sellers in Los Angeles can expect total costs of roughly 4.25% to 8.25% of the sale price depending on what is negotiated. • Inspection findings, termite reports, and repairs can add

Real estate transactions are complex. There are title issues, inspection surprises, contractor questions, neighbor disputes, permit problems, HOA complications, appraisal gaps, and a hundred other things that can come up between the moment you decide to buy or sell and the moment you get your keys or your check. The question is not whether problems will come up. They always do. The question is whether your agent is going to solve them or hand them back to you. I am Leegie Par

Your timeline is the starting point for everything. Know it before you do anything else. • Buyers decide within the first 7 seconds of walking through the front door. Make that moment count. • Decluttering and de-personalizing are free and among the most powerful things you can do. • Small, targeted repairs and fresh touches go a long way. You do not need a full renovation. • Well-prepared homes sell faster and for more money. Every time.

Wooden blocks spelling out "MORTGAGE" are arranged on a table, with a small house-shaped keychain and keys beside them, symbolizing home ownership. By Leegie Parker | Real Estate Advisor, Compass | Los Angeles | DRE 01020534 I have been helping people buy and sell homes in Los Angeles since 1989. In that time, I have watched the mortgage business change dramatically. It has become more complex, more document-intensive, and more stringent with every passing decade. What w