Los Angeles, CA Housing Market Forecast for 2025

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Home values across Los Angeles and Orange County keep increasing in 2024 heading into 2025. As a result - could the California housing market be on the verge of bursting?

Values in Los Angeles real estate are at a record high right now, with the number of homes for sale still being constrained. This has caused values across areas like Burbank, Yorba Linda, Irvine, and Newport Beach to continue rising in 2024.

Home values are going up the most in Orange County. Where a severe lack of inventory is constraining affordability in the housing market and pushing prices up, like in many areas of SoCal.
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California's housing market data is available for your city and ZIP code on Reventure App: www.reventure.app

Type in your ZIP code, especially if you live in the LA/OC area, where you can see the recent trends in inventory and home values for free.

From there - upgrade to a premium plan to access Home Price Forecasts for your area.

ReventureData
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Most Californians who hold a mortgage that they can't afford, aren't selling because they can't afford to buy again

rogerm
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Bought more than 30 years ago here in los angeles. Not going anywhere and let kids inherit it.

nathanielcarreon
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There's still plenty of money here, and no supply. Prices will not go down appreciably any time soon

therasbull
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CA is the best of the best....I was at the beach jogging this morning and it felt like paradise!

wavyca
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The reason prices in places like Malibu are going down is because of the tax on $5M+ houses

therasbull
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Unfortunately prices keep going up too much inflation and everything very expensive.

irenmolnar
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Thank you for covering Orange County. I’m always excited for your next videos

FrogEyes
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You keep saying the same crap every year and promote your stupid app

jobturkey
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Orange County is still a very nice place to live if you can afford it. Most of the cities are well-run.

tacocruiser
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Don’t forget that at the margins there are Asian buyers desperate to get cash out of their home countries. They are not sensitive to price or mortgage rates. They are looking to preserve capital and prefer a location that they and their peer group recognize. This has also happened in New York City where hundreds if not thousands of high priced condos owned by Chinese people are sitting vacant most of the year.

alphafox
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Wish you talked more about the central valley cities and all the way up to my neck of the woods in Sacramento.

MisterFakeGinger
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People in the OC especially south dislike being lumped into LA.

In fact, South OC shares its electric company with San Diego.

Cyrus
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I'm actually seeing a few deals outside of the really trendy areas. Lots of places are just sitting on the market for months. I was close to making an offer on a great spot last week, but my guess is there will be more opportunities next year.

At these prices it feels like the only reason to own is to not have a landlord. A 5-7% appreciation can't beat what I save by not borrowing lots of money from the bank and keeping my down payment in a 5% HYSA.

Sam-dcbg
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The depreciating areas of LA are still among the most expensive. They are around Hollywood and that industry is taking a hit. I wonder if that has something to do with it.

CarlosMunoz-nvir
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The reason that there is not a lot of development is because everyplace by the coast is built up. You need to go an hour from the ocean to find open land for prices that allow a developer to build a large development.

JBoya
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I looked it. Ecjo Park Silver Lake values are down maybe 5% since 2022.

tenman
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Bro, you're looking at individual incomes, not married people, who are the ones buying "affordable" homes in LA, not to mention they're using equity to buy down the price so thats not reflected in their income

therasbull
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I am wondering what is the ratio in las vegas Nevada
It seems to me that house in vegas are 30-35 % overvalued

VladoBarca
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prices are going down for sure, people who bought in last 2 years in hopes of refinancing are selling already but with a big loss

criticalthinker
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