Housing Options Expand, Offering Buyers More Choices in August

August brought a noticeable shift in the housing market: while overall U.S. housing inventory increased by 1.2% from July and 3% year-over-year—even as new listings dipped by 5%—the pace of pending sales edged down 0.2%. Median list prices also saw a 1.3% decrease, with higher mortgage rates clearly tempering activity. For those overseeing probate or trust sales in Los Angeles County, these nuances highlight how timing and strategy matter more than ever. Drawing on decades spent guiding families through complex transitions, I keep a close eye on these market movements to offer clear, steady direction when it’s needed most.