by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
Burbank remains the most supply-constrained market in our five-area report: just 2.4 months of inventory, the tightest of the group and the only area where supply is down year-over-year (-8.4%). The median sold price hit $1,192,500 — the highest of the five — while...
by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
Glendale was the strongest seller’s market of the five areas we track in September. Buyers paid 102.3% of list price on average — the highest over-asking premium anywhere in the report — and homes went under contract in a median of just 17 days. The median sold...
by Armen Mardirousi | Oct 12, 2026 | Real Estate Market News
The headline number looks dramatic: Sunland-Tujunga’s median sold price fell 27.5% in September to $769,000. But only 11 homes closed all month — that’s small-sample noise, not a market crash. Look one step behind the closings and the story flips: new...
by Armen Mardirousi | Oct 10, 2026 | Mortgage & Finance, Real Estate Market News
The number everyone’s quoting this week: 7.40%. That’s where Freddie Mac’s weekly survey put the average 30-year fixed mortgage rate for the week ending October 8, 2026 — up from 7.28% the week before, the highest reading since November 2023,...
by Armen Mardirousi | Sep 20, 2026 | Real Estate Advice, Selling Your Home
There is a point in almost every listing appointment when a seller asks:"What should I fix before we put the house on the market?"The answer is rarely "everything."In fact, one of the biggest mistakes a seller can make is spending money indiscriminately before...
