Don’t wait for interest rates to drop! 

Many builders are pulling back, and fewer homes are being built. SoCal home building permits have declined by 13% since July 2023, signaling that inventory will remain tight.

According to Forbes, Kiplinger, and The Wall Street Journal, the best time to buy is now—fall and winter! Buyers can take advantage of lower competition, better prices, and more inventory compared to the spring or summer.

Here’s what’s happening across Southern California:

• Los Angeles & Orange Counties: Homebuilding permits are down 14% in a year.
• Inland Empire: Permits dropped by 13%, but still up 28% compared to five years ago.
• San Diego: Permits down 14%, but still 14% higher than five years ago.

With fewer homes being built, competition will increase, and prices are likely to rise. Don’t miss your chance to get ahead of the market!

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