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Los Angeles Real Estate Blog & Market Updates


New Condo Financing Rules: What Los Angeles Buyers and Sellers Need to Know
Major changes to Fannie Mae and Freddie Mac condominium financing standards took effect on August 3, 2026, and another important reserve-funding change arrives January 4, 2027.
For condo buyers and sellers throughout Los Angeles, including the San Fernando Valley and the Westside, that means an HOA’s reserves, deferred maintenance, special assessments, insurance and other building-level issues can affect whether a buyer is able to obtain the loan they planned to use.
Leegie Parker
2 days ago10 min read


7 Ways to Test-Drive a Neighborhood Before You Buy
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.
Leegie Parker
Sep 106 min read


LA Market Check-In: August 2026 Housing Market
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.
Leegie Parker
Sep 86 min read


13 Questions to Ask a Realtor Before Selling Your Home
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.
Leegie Parker
Aug 711 min read


What Open House Activity Means When You Are Buying or Selling
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
Leegie Parker
Jul 237 min read


The Los Angeles Real Estate Housing Market Slowdown 2026? What Agents Across the City Are Seeing
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.
Leegie Parker
Jul 207 min read


11 Things Nobody Tells You About Moving to Los Angeles
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
Leegie Parker
Jul 79 min read


What the Santa Monica Airport Closure Means for Westside Real Estate
Santa Monica Airport closes permanently on December 31, 2028, and the 192-acre site will be redeveloped into the Santa Monica Great Park. The closure will reduce noise and air traffic across Sunset Park, Ocean Park, Mar Vista, and Venice, and the new public green space is likely to lift long-term property values in the surrounding Westside neighborhoods.
Leegie Parker
Jun 187 min read


Selling a Home in Los Angeles: What Last Night's Knicks Comeback Teaches Sellers
Selling a home in Los Angeles takes longer than one week, and a quiet opening stretch is not a reason to panic. The first seven days produce data, not a verdict. Sellers who slash their price after week one almost always give up leverage they never had to surrender.
Leegie Parker
Jun 115 min read


How the 2026 World Cup Will Affect LA Neighborhoods Beyond SoFi Stadium
The 2026 World Cup will affect LA neighborhoods well beyond SoFi Stadium. Los Angeles is using a hub-and-spoke transit model that turns locations across the county into primary activation points for 39 days. Transit gateways in North Hollywood, Woodland Hills, Culver City, and Santa Monica will funnel fans to the stadium on match days. Fan zones at the LA Memorial Coliseum, Venice Beach, Hansen Dam, Union Station, Downtown Burbank, and other locations will bring event-day cro
Leegie Parker
May 713 min read


5 Signs It's Time to Sell Your Home in Los Angeles (and 4 Signs It's Not)
The right time to sell your home in Los Angeles depends more on your personal readiness than market headlines. If you have equity, a clear plan for where you're going, a home that's prepped for the market, and the flexibility to price strategically, spring 2026 is a strong window. If you don't have your next move sorted out, you're not willing to do the prep work, or you're banking on a price that doesn't match what buyers are paying today, waiting may be the smarter call.
Leegie Parker
May 410 min read


What the Sportsmen's Lodge Development Means for Studio City and Sherman Oaks Homeowners
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.
Leegie Parker
Apr 309 min read


What Is a Luxury Home in Los Angeles? It Is Not Just About the Price
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.
Leegie Parker
Apr 278 min read


Why I Recommend Mortgage Brokers Over Banks (Most of the Time)
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.
Leegie Parker
Apr 207 min read


Mortgage Rates Dropped Last Week, Here is What I am Watching Before Thursday (April 2026)
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.
Leegie Parker
Apr 145 min read


The Truth About Open Houses: Do They Actually Help Sell Your Home?
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.
Leegie Parker
Apr 96 min read


How Long Does It Take to Buy a Home in Los Angeles?
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.
Leegie Parker
Apr 813 min read


A FinCEN Rule Update
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.
Leegie Parker
Apr 22 min read


Living in Tarzana: What Makes This San Fernando Valley Neighborhood Special
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.
Leegie Parker
Mar 307 min read
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