Los Angeles Real Estate Blog & Market Updates

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.

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.

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.

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.

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.

The San Fernando Valley real estate market in Q1 2026 showed a slight cooling from last year, with the median single-family home price across the Valley sitting at $1,156,000 and a median of 26 days on market. Prices held in most neighborhoods, inventory remained tight, and well-priced homes continued to move. The biggest disruption was a temporary buyer pause in early March following the outbreak of the U.S.-Israel conflict with Iran, but buyer activity has since rebounded h

If you are comparing Tarzana vs. Encino vs. Woodland Hills, the right neighborhood depends on your budget, lifestyle, and what kind of daily life you want. Tarzana is the smallest and most community-oriented of the three, with a strong south-of-Ventura premium. Encino carries the most prestige and the highest price points, with easier Westside access. Woodland Hills is the largest, offers the most inventory and the lowest entry point for single-family homes, and gives buyers