Los Angeles Real Estate Blog & Market Updates

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.

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

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.

Busy Escrow Officer's desk Published on Monday, June 15, 2026 by Leegie Parker Leegie Parker | Real Estate Advisor | DRE 01020534 | Compass | Leegie.com Quick Answer In California real estate, escrow is the neutral third-party process that holds funds, documents, and instructions while a home sale moves from contract to closing. Unlike many states that use attorneys, California buyers and sellers rely on a licensed escrow company and a designated escrow officer to c