Right now, the U.S. housing market is seeing a remarkable shift, with 57.9% more home sellers than buyers—marking the strongest buyer’s market on record. Listings have climbed 3.9% while buyer activity ticked up by just 0.1%. This means inventory is at its highest since 2020, but persistent high mortgage rates and prices continue to weigh on affordability, and overall sales are declining.
For families in Los Angeles County navigating probate or trust sales, these numbers carry real meaning. When you’re selling a loved one’s home or managing a transition to assisted living, understanding the broader market landscape is crucial. With decades of experience guiding executors, trustees, and administrators through these unique transactions, I believe informed decisions make all the difference—especially in a market where buyers have more choices and patience is key.
Leave a Reply