Baba Homes
Share
Your real estate professional.
05/20/2025
I’m breaking down LA and Orange County first because, let’s be honest these markets are what set the tone for the rest of SoCal.
🚨 Here’s what we’re seeing:
✅ Inventory? Up. Both new listings and active homes are piling in.
✅ Prices? Still climbing — median and average sales prices are holding strong.
✅ Time on Market? Yep, that’s ticking up too. Homes aren’t moving like they used to.
✅ Months of Inventory? On the rise — and that gives buyers a little more breathing room.
📢 Buyers — your window’s starting to open. More homes, less pressure. You’re not in the driver’s seat yet, but you might want to buckle up.
🏡 Sellers — you’re still in a slightly sweet spot. Prices are solid, but the market’s shifting. If you’ve been waiting… don’t wait too long.
DM me for a full breakdown or your specific city stats — those are dropping soon. LA & OC, you’re first in line 🔍
Want to know more? Let’s connect!
Byron Baba
DRE #02065837 🏡
📲 714-594-7187
📧 [email protected]
🏠 DRE #02059058
For buyers waiting for the market to slow and turn more favorably towards the home shopper, there seems to be no light at the end of tunnel. Housing has lined up in favor of sellers since 2012. Many thought that the pandemic would slow housing, create a deep recession, and erode home values, giving buyers that much desired edge. Instead, rates plummeted to record lows, demand escalated, the inventory of homes available plummeted to unfathomable depths, and home values soared to unbelievable heights. The pandemic led economic recession lasted only two months, and it did not touch the housing industry.
This year there really has been no relief in the relentless pace of real estate due to the historically low mortgage rate environment. According to Freddie Mac’s Primary Mortgage Market Survey®, mortgage rates have risen to 3.14% the highest level since March. For proper perspective, after the start of the pandemic, rates reached 17 record lows, the 17th was during the first week of January of this year at 2.65%. Yes, rates have risen from there, but keep in mind that prior to the pandemic, today’s 3.14% rate would be an all-time low. They remain at very low levels, which is why the active listing inventory is 67% below the 3-year average between 2017 and 2019, prior to the pandemic, demand is 11% higher, and the market time is stuck well below 40-days.
Byron Baba
DRE #02065837 🏡
📲 714-719-0803 Work
DRE #02059058 🏠 .
Click here to claim your Sponsored Listing.
