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May 15, 2024 · The economy is growing, and while most Southern California households can’t afford to buy, there’s a sizable population of techies, Hollywood types and other white-collar workers who can...
- andrew.khouri@latimes.com
- Staff Writer
Oct 30, 2023 · If you're wondering whether it's a good idea to buy a home in the Golden State, we break down the pros and cons. Discover if buying a house in California aligns with your goals and if it's truly worth the investment.
- Renée White
- The Best Month For Low Listing Prices in Southern California
- The Best Month For Housing Inventory in Southern California
- The Best Month For Mortgage Rates in Southern California
- Where Should You Buy in California? Start here.
- How to Find A Great Real Estate Agent in Southern California
- Why Trust Us
If finding a house for a low listing price is your priority, the best time to buy a house in Southern California is January. In recent years, prices for homes in Southern California have been the lowest in January. On average, homes are $57,922 less expensive than the median listing price of $745,372. In January, buyers may find fewer homes on the ...
If having a wide selection of houses to choose from is your priority, then the best time to buy a house in Southern California is January. You’ll likely find the highest number of listed homes in January and might have better luck negotiating the price of a property during this month when there are more houses on the market. In Southern California,...
If scoring a low mortgage rate is your top goal, the best time to buy a house (and take out a loan) is September. In the past year, mortgage rates have been lowest in September, with an average mortgage rate of 6.08% on $773,239 home (average home value in Southern California). When mortgage rates are low, buyers can usually expect more demand and ...
When you’re in the planning stage of buying a home, the best step you can take is to connect with a great local buyer’s agent. You can start your search by looking up a brokerage or realty, but don't stop there. Take the time to research andinterview multiple real estate agents, paying attention to their: 1. Years of experience (the median is 8 yea...
Data sources
Our Research Team uses real estate data from reputable sources, such as Zillow, Realtor.com, and FreddieMac, to determine the best and worst months to buy a house in Southern California. We analyze monthly trends for listing prices, housing inventory, and mortgage rates and refresh that data on our pages as the primary sources update.
About Clever Real Estate
Clever Real Estate is a free agent-matching service that has helped more than 82,000 people buy and sell homes. We partner with over 3,800 top-performing agents nationwide at national brokers including Keller Williams, RE/MAX, Century 21, and more. We also help buyers save money with cash back after closing— no strings attached. We’ve earned buyers’ trust with a rating of 5 out of 5 stars on Trustpilotand over 3,000 customer reviews in total. Our team of industry-leading researchers is commit...
I'm not opposed to buying a home elsewhere -- most likely closer to my family, e.g. Chicago or Milwaukee -- but if it's at all possible to make California work with my situation, I'd like to explore it.
Mar 29, 2022 · Thinking of buying a house? This guide will help you better understand mortgages, navigate real estate apps and agents, negotiate wisely and more.
Mar 8, 2024 · So you’re moving to California with the intention of buying a home? I hate to burst your bubble, but let’s look at the numbers. Here’s a quick breakdown of the median home prices for the three major cities in California:
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Feb 21, 2023 · Pros and Cons of Buying a House in California. Pros. Cons. With high demand and low inventory, California’s market outlook is very strong. California offers a long list of desirable amenities, from natural beauty to a great economy, to good schools. Very high home values mean building equity fast.