LA Market Shift: What Buyers & Sellers Should Know

📊 Buyers have leverage, but sellers still have a shot—here’s the breakdown

In LA, the tables are turning for buyers If you’ve been dreaming of lowballing a home offer without getting ghosted by the agent, your time has come.  Redfin reports there are nearly 500,000 more home sellers than buyers in the U.S.  This is the biggest gap on record and LA is no exception. With a bump in inventory and buyers pulling back, LA’s housing scene seems to be flipping.  Redfin earlier this month predicted that home prices will drop 1% year over year by the end of 2025, and the growing imbalance between buyers and sellers is the basis for that prediction.  When sellers are competing for a small pool of buyers, that indicates a buyer’s market. And when it’s a buyer’s market, home prices can fall because buyers have negotiating power.   🔑 Why this is happening: 🏦 Mortgage rates are still hovering around 6.87%, pricing out many would-be buyers 💸 LA’s median home price remains high, too high for many to stomach 🔁 Pandemic-era sellers with low rates are listing due to job changes, life shifts, and now, adjustable-rate mortgages that are coming due 💵  Economic uncertainty: tariffs, stock market volatility, and inflation are making buyers cautious and slowing decisions in a shifting environment 📉 Specifically in LA: 🏠 There are 27% more single-family sellers than buyers 🏢 Condo listings outweigh buyer interest significantly 🕰️ 44% of homes listed in April sat for 60+ days, the longest April wait since 2020 💰 Sellers are clinging to outdated price comps, scaring off realistic offers   💭 My Take: It’s a shifting market. Some homes are still getting multiple offers, usually when they’re priced aggressively low and have the it-factors: charm, good design, a great street in a sought-after area. The kind of house buyers wait out for. But overall, more homes are sitting on the market, inventory is climbing, and things are tilting toward a buyer’s market. It’s been a minute, but we’re here now. Market conditions are constantly changing. Buyers, this is your moment to make moves while there’s less competition. If you own a home and are worried about your equity, remember: this is just a moment in time, and it will pass. 😎 Buyers: Tips on negotiating smart in today’s market → 🏡 Sellers: My top pricing and prep strategies → 👉 Let’s Make a Game Plan Jeremiah Vancans Real Estate Agent Vancans Group | Compass jeremiah@vancansgroup.com vancansgroup.com CELL: 310-363-1416  OFFICE: 310-299-9305 DRE: 01944484 📍 Your Real Estate Toolkit 🔑  6 Buyer Negotiation Tips Ready to make an offer? These tips will help you negotiate like a pro—even in a shifting market. 👉 Read the Tips 🔔 Property Alerts for Buyers Get real-time updates on new listings that match your must-haves. 👉 Sign Up for Alerts 📊 Market Insights & Seller Reports Explore local trends, price shifts, and get a custom report on your home’s value. 👉 View Market Insights   📈 Home Equity Report Track your home’s value, equity, loan balance, and potential—all in one monthly update. 👉 Get Your Equity Report   ⭐ Trusted by Clients: With over 200 five-star reviews, our past clients rave about our exceptional customer service and commitment to transparent transactions. See why we’re their top choice! REVIEWS VANCANSGROUP.COM Our mailing address is: Vancans Group | Compass 8560 Sunset Blvd, 3rd Floor  West Hollywood, CA 90069 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

How to Negotiate Like a Pro in a Buyer’s Market

We always aim to bring real value to our buyers. Not just by finding the right home, but by helping you negotiate the best possible terms. In today’s market, there’s more room for negotiation, and the right strategy can save you thousands. Here are six smart approaches we can use to your advantage:

1. Ask for Seller Paid Closing Costs
Sellers can contribute toward your closing costs as a flat amount or a percentage. This lowers your upfront cash requirement and is a common win in today’s market.

2. Negotiate Repair Credits or Prepaid Work
If the home needs updates or the inspection turns up issues, we can ask for a credit at closing or have repairs completed by the seller before closing. It’s a cleaner way to keep the deal moving without overpaying.

3. Use Appraisal Gaps as Leverage
When a home appraises below the contract price, we can renegotiate. Whether it’s a price reduction, a credit, or other concessions, this is often a second chance to improve the terms.

4. Offer Leaseback Flexibility
If the seller needs more time to move, we can offer a short leaseback after closing in exchange for a better deal. Flexibility on your end can unlock savings.

5. Trade Speed and Certainty for Value
If you’re pre-approved, light on contingencies, and able to close quickly, we can use that certainty to negotiate stronger terms. Many sellers will value a smooth close over a slightly higher offer.

6. Request a Rate Buydown
We can ask the seller to pay points toward lowering your mortgage rate. This can significantly reduce your monthly payment and may cost the seller less than a direct price cut.

Let us know if you'd like to talk more about how we can apply these to your search. We’re here to help you make confident, informed decisions every step of the way.

Just Listed in Glassell Park — Modern Craftsman Retreat 🛁🌿

Vaulted ceilings, a cedar-wrapped hot tub, bonus studio, and walkable to LA’s favorite hotspots — come see what makes this home unforgettable.

👋 Hey friends, I’m excited to share my newest listing in the Flats of Glassell Park! This fully reimagined Modern Craftsman blends timeless charm with fresh contemporary design. All set on a large lot in one of LA’s most creative and connected neighborhoods.   🏡 2814 Moss Avenue 3 Bed | 3 Bath | Bonus Studio | Hot Tub   Inside you’ll find: ✔️ 17-foot vaulted ceilings & wide-plank oak floors ✔️ Skylights and an open concept floor plan ✔️ Designer kitchen with quartz countertops, hand-painted tile, Bertazzoni range & Miele fridge ✔️ Primary suite with handcrafted cement tile and direct access to the backyard deck ✔️ Powder room for guests 📄 Want more details on this home? 👉 View the full property info here 🌿 Backyard Goals The outdoor space has been reimagined for both relaxation and creativity — featuring: ✔️ Mahogany decks ✔️ Cedar-wrapped hot tub ✔️ Cement planter boxes & raised garden beds ✔️ A 360 sq ft converted garage with 16-foot glass sliders — ideal as an office, studio, or gym   ✨ Plus: Paid-off solar EV charger Outdoor shower Retrofitted foundation New electric panels Drought-tolerant landscaping with desert willow, palo verde, Aussie willow, cactus, and acacia   📍 The Location Walkable to some of Northeast LA's favorite spots: Dunsmoor, The Grant, Bub and Grandma’s, Lemon Poppy Kitchen, and Wife and the Somm     📆 Open House Schedule Come see this stunning Glassell Park retreat in person! I’ll be hosting open houses on the following dates: Saturday, May 17 – 2:00 PM to 4:00 PM Sunday, May 18 – 2:00 PM to 4:00 PM Tuesday, May 20 – 11:00 AM to 2:00 PM Thursday, May 22 – 5:30 PM to 7:30 PM Saturday, May 24 – 2:00 PM to 4:00 PM Sunday, May 25 – 2:00 PM to 4:00 PM 📅 Schedule a Tour Want to experience this home in person outside of the open house times? Book a private showing that fits your schedule. 👉 Schedule a Tour Jeremiah Vancans Real Estate Agent Vancans Group | Compass jeremiah@vancansgroup.com vancansgroup.com CELL: 310-363-1416  OFFICE: 310-299-9305 DRE: 01944484 ✅ Check This Out! 🎥 Check out my video on how I prepped the photos for this home! 👉 Watch the video here 🏠 My 4 Steps to Marketing a Home Want to see how I prep, position, and present homes for maximum impact? 👉 Check out this video 🏠 Property Alerts for Buyers Get real-time updates on new listings tailored to your preferences. 👉 Sign Up for Alerts 📊 Market Insights & Seller Reports See current home prices, trends, and local stats — plus get a personalized report on your home’s value. 👉 View Market Insights and Seller Report 📈 Home Equity Report Track your home’s value, current equity, outstanding loan balances, and leverage opportunities — updated monthly. 👉 Get Your Equity Report ⭐ Trusted by Clients: With over 200 five-star reviews, our past clients rave about our exceptional customer service and commitment to transparent transactions. See why we’re their top choice! REVIEWS VANCANSGROUP.COM Our mailing address is: Vancans Group | Compass 8560 Sunset Blvd, 3rd Floor  West Hollywood, CA 90069 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

Crossword Puzzle - How L.A. Are You?

Constructed with the online crossword puzzle creator from Amuse Labs

Rare Corner Unit w/ Private Yard | Frogtown | $765K

Just Listed

Frogtown 2970 Ripple Place, Unit 101 2 BD 2 BA 1010 SF $765,000 Property Info Open Houses: Tuesday, March 4th 11-2pm Saturday, March 8th 1-4pm Sunday, March 9th 1-4pm Rare corner unit in the gated Riverhouse complex featuring an expansive private patio and landscaped yard, perfect for entertaining, outdoor dining, or creating your own garden retreat. This modern 2 bed 2 bath home is filled with amazing natural light and offers high-end finishes, an open floor plan, and seamless indoor outdoor living. The spacious kitchen with a peninsula effortlessly connects to the dining and living areas, creating a perfect flow for cooking, hosting, and everyday living. As you step into your own private outdoor space, complete with a grassy yard, mature olive tree, and fire pit, you'll be amazed by the tranquility and charm it offers. The primary suite boasts an en-suite bathroom with an oversized shower. The second bedroom and full guest bath provide versatility for guests. Hardwood floors throughout, in-unit laundry, and generous closet space complete the home's thoughtful design. Built in 2016, Riverhouse is a premier gated riverfront community with beautifully designed courtyards, BBQs, an outdoor fireplace, and lounge areas. The secured underground garage includes two parking spaces, personal storage space, secured bike storage, and ample guest parking. With direct access to the LA River bike path, Marsh Park, and top dining spots like Salazar, Spoke Cafe, Lingua Franca, and Frogtown Brewery, this home offers the perfect blend of urban convenience and outdoor lifestyle. Easy access to Silver Lake, Atwater Village, DTLA, and Pasadena makes this a prime location for work and play. This is a unique opportunity to own in one of LA's most vibrant and evolving neighborhoods!

Schedule a showing! Contact me today

Jeremiah Vancans DRE 01944484 REALTOR® M: 310.363.1416 jeremiah@vancansgroup.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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West Hollywood 1-Bed Penthouse w/ Private 600 Sq. Ft. Rooftop

Hello, World!

Just Listed Open House Sunday 1-4pm and Tuesday 11-2pm

West Hollywood 1253 North Sweetzer Avenue, Unit 6 1 BD 1 BA 890 SF $1,049,000 Property Info Perched on the top floor like your own private retreat, this exceptional penthouse offers luxury living in the heart of West Hollywood. A true highlight is the rare oversized 600 sqft private rooftop deck, exclusively for this unit. Offering seamless indoor-outdoor living, it provides breathtaking city views and an expansive space to relax or entertain. Designed by award-winning LA-based firm LOHA, this boutique collection of residences showcases innovative, sustainable architecture with a refined modern aesthetic. Inside, soaring nine-foot ceilings and an open, light-filled layout create an airy feel. A dramatic architectural skylight serves as the centerpiece of the home, seamlessly connecting the kitchen and living areas while flooding the space with natural light. The living room features large-format Italian tile, adding to the home's sophisticated appeal. The chef's kitchen is a masterpiece of sleek European cabinetry, a waterfall-edge island, and a full suite of Miele appliances. The primary suite, with European white oak floors, is a serene retreat with custom wardrobe-style cabinetry. The spa-like bathroom is clad in Italian porcelain walls with a designer vanity and a large oversized shower. Triple-glazed floor-to-ceiling windows throughout provide enhanced sound insulation, while integrated blinds offer effortless light control. Additional highlights include a washer and dryer in-unit, two parking spaces in a gated subterranean garage, a secure gated property, and a private storage locker. Just moments from West Hollywood's world-class dining, shopping, and entertainment, this penthouse is a rare opportunity to own a sophisticated urban retreat.

Schedule a showing! Contact me today

Jeremiah Vancans DRE 01944484 REALTOR® M: 310.363.1416 jeremiah@vancansgroup.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Burbank Hillside Home w/ Views

Just Listed OPEN SUNDAY 1-4pm

BURBANK Hillside District 2118 Hilton Drive 3 BD 2 BA 1308 SF 7290 SF LOT $1,249,000 Property Info Perched in the coveted Hillside District of Burbank, this 3-bedroom, 2-bathroom home is brimming with potential. Situated on a rare corner lot, the property captures sweeping views of the valley below, offering an incredible canvas for your dream renovation. Inside, an amazing floor plan seamlessly connects the kitchen, dining, and living rooms, creating an open and inviting flow throughout. Beautiful wood floors extend through the home, enhancing its warmth and character. The spacious living room features a charming fireplace and leads to an enclosed patio with large windows, filling the space with natural light and offering direct views of the backyard. This thoughtful design makes the entire home feel connected to its surroundings and provides the perfect space for entertaining or relaxing. The home features three spacious bedrooms, each with ample natural light and generous closet space. A large laundry area provides extra storage and convenience. The property also includes an attached two-car garage, a large driveway for ample parking, and a detached shed for additional storage or a creative workspace. With its unbeatable location near downtown Burbank, top-rated schools, and major freeways, this home presents a rare opportunity to transform a well-laid-out space into something truly special. Don't miss your chance to make it your own!

Schedule a showing! Contact me today

Jeremiah Vancans DRE 01944484 REALTOR® M: 310.363.1416 jeremiah@vancansgroup.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Our Newest Listing is a Stunner in Mar Vista for $1.1M

Just Listed

Mar Vista 12602 Pacific Avenue, Unit 2 2 BD 3 BA 1360 SF $1,099,000 Property Info Open Houses: Saturday, February 1st: 1-4pm Sunday, February 2nd: 1-4pm Tuesday, February 4th: 11am-2pm Welcome to your sun-drenched sanctuary in the heart of Mar Vista! This stunning 2-bedroom plus loft is a coveted corner unit that is a true showstopper, featuring soaring ceilings, an airy open floor plan, and two private outdoor spaces. Step inside and be wowed by the brand-new chef's kitchen, a perfect blend of modern style and functionality. A stunning waterfall-edge peninsula anchors the space, complemented by high-end stainless steel appliances and seamless flow into the living and dining areas. The dramatic living room is centered around a cozy fireplace, framed by sleek bamboo wood floors, soaring wood-paneled ceilings, and oversized floor-to-ceiling windows that flood the space with natural light and create an inviting, open atmosphere. Downstairs, the private primary suite offers a peaceful retreat with generous closet space and an en-suite bath designed for relaxation. A second spacious bedroom and a stylish full bath complete the lower level, along with additional storage tucked below the stairs. The airy loft upstairs makes for the perfect home office, 3rd bedroom, gym, or creative studio, complete with a private patio, closet, and half bath. Above, a rare fourth-level lofted space adds even more flexibility. The home also includes in-unit laundry, a private storage locker, and two dedicated parking spaces within a gated garage. This unit is walkable to Mar Vista's vibrant community, offering incredible restaurants, cafes, and shops, with close proximity to beaches. A unique blend of architectural charm and everyday convenience, this one is a must-see!

Schedule a showing! Contact me today

Jeremiah Vancans DRE 01944484 REALTOR® M: 310.363.1416 jeremiah@vancansgroup.com

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Support & Resources for Those Impacted by the LA Fires

Offering housing assistance, aid resources, and support to help LA fire victims rebuild and recover. Let’s work together to support our community. 💙

🏠 Support & Resources for Those Impacted by the LA Fires My heart goes out to everyone in LA facing uncertainty and loss due to the fires. This email contains very helpful links to off-market leases, free goods, discounted furniture, curated architects/builders and important first steps to help you navigate this challenging time.  Please forward this email to anyone you know who was affected by the fires. Together, we can support and rebuild our community. My goal is to make this process as seamless and supportive as possible for anyone displaced.  Whether you need temporary housing, guidance through the relocation process, dealing with investors trying to buy your land or assistance with the rebuilding process, I’m here to help.    📍 On and Off-Market Lease Options The agent community has come together to compile a comprehensive list of properties across the city that are ready for immediate or near-immediate occupancy. 🛋️ The links below include off-market properties and the option to create your own search.  I also recommend checking Zillow Rentals, apartments.com and Furnished Finder for additional rentals.  I’m here to offer my services completely free of charge to help find rentals for those affected.    Off-Market Leases Create Search 🎁 Free Resources and Guidance Here is a list of brands offering free and discounted resources available through local businesses, nonprofits, and national organizations. 🎗️ From essential supplies to financial aid, I can help you access the support you need during this time. 😎.    Brand List 🛋️ Furnish Your Home at a Discount Looking for Furniture Leasing or Discounted Furniture to Furnish Your Home?  Check out the link below for options that can help you create a comfortable space quickly and affordably!   Furniture Providers 👷‍♂️ Architects and Builders Reach out to architects and builders as soon as possible to assess your property and begin planning your rebuild. Acting quickly ensures you secure their services before demand spikes, helping you avoid delays.   Architects Builders 🛑  Don't Just Sell Your Land To Investors If you receive a cash offer for your land, don’t sell immediately.  Call me first so I can help you properly evaluate your property’s value and guide you through the necessary steps to ensure you make the best decision.   Request Land Value 📋 Key Tasks After a Disaster 📞 Call Your Insurance Carrier and File a Claim Notify your provider and file a claim immediately. Use an insurance journal to track conversations, including dates, names, and key details.   Here are the top ten tips from the California Department of Insurance. 📬 Get a P.O. Box Set up a P.O. Box to ensure you receive all important mail. 💳 Contact Credit Card Companies Request fee waivers or relief options from your credit card companies. 💡 Cancel Utilities Cancel inactive utilities to avoid unnecessary charges. 🏨 Track Additional Living Expenses (ALE) Document temporary housing, meals, and related expenses. Confirm eligible costs and coverage limits with your insurer. Submit receipts for reimbursement. ⚖️ Work With an Adjuster or Certify as a Total Loss Hire an adjuster to handle your claim or explore certifying your property as a total loss. 📂 Collect Documents and Inventory Your Home Gather essential records like insurance policies, IDs, financial statements, and proof of purchase for lost items. Use photos, videos, or your memory to document lost items and estimate their replacement value. 🛠️ Contact Architects or Builders Act quickly to consult professionals for rebuilding or damage assessment to avoid delays.       - LINK to Architects     - LINK to Builders Jeremiah Vancans Real Estate Agent Vancans Group | Compass jeremiah@vancansgroup.com vancansgroup.com CELL: 310-363-1416  OFFICE: 310-299-9305 DRE: 01944484 Personalized Property Alerts and Market Insights: 🏠 Property Alerts:  Get real-time updates on new listings tailored to your preferences. Sign Up for Alerts 📊 Market Activity & Heat Maps: See current home prices, trends, and local market stats. View Market Insights 📋 Seller Reports: Find out your home’s value with a personalized market analysis. Request Seller Report   ⭐ Trusted by Clients: With over 200 five-star reviews, our past clients rave about our exceptional customer service and commitment to transparent transactions. See why we’re their top choice! REVIEWS VANCANSGROUP.COM Our mailing address is: Vancans Group | Compass 8560 Sunset Blvd, 3rd Floor  West Hollywood, CA 90069 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

Why Did the Fed Rate Cut Lead to Higher Mortgage Rates?

Rates went up when everyone expected them to drop. Here’s what really happened and what it means for the 2025 housing market

📊 Why Did the Fed Rate Cut Lead to Higher Mortgage Rates? The Fed cut rates by a quarter point, so why did mortgage rates jump instead of falling?  Many assume that these rate cuts directly lower mortgage rates, but that’s not how it works. Mortgage rates actually follow the bond market, specifically the 10-year Treasury yield, not the Fed’s short-term rate.  The Fed’s long-term outlook changed yesterday, and the markets reacted to this negative news—pushing mortgage rates higher.   🔍 Here’s What Happened:   📈 Inflation Outlook: The Fed expects inflation to persist into 2025, pushing Treasury yields and mortgage rates higher. 🤔 2025 Rate Cut Expectations: The Fed reduced its 2025 rate cut projections from four to two, signaling less aggressive cuts ahead. 🏛️ New Administration: Uncertainty around tariffs and the new administration’s economic policies.     💭 My Take: The Fed seems lost as they are unclear how the new administration’s policies will play out. They are now signaling fewer rate cuts than originally expected, which means higher interest rates are here to stay for most of 2025. Despite elevated mortgage rates this year, LA County still experienced a 7% price growth.  So, what does this all mean? Don’t wait for a market crash, it’s not likely to happen.  📞 Ready to Take the Next Step? Jeremiah Vancans Real Estate Agent Vancans Group | Compass jeremiah@vancansgroup.com vancansgroup.com CELL: 310-363-1416  OFFICE: 310-299-9305 DRE: 01944484 Contact Me For: 🏠 Property Alerts:  Get real-time updates on new listings tailored to your preferences. Sign Up for Alerts 📊 Market Activity & Heat Maps: See current home prices, trends, and local market stats. View Market Insights 📋 Seller Reports: Find out your home’s value with a personalized market analysis. Request Seller Report   ⭐ Trusted by Clients: With over 200 five-star reviews, our past clients rave about our exceptional customer service and commitment to transparent transactions. See why we’re their top choice! REVIEWS VANCANSGROUP.COM Our mailing address is: Vancans Group | Compass 8560 Sunset Blvd, 3rd Floor  West Hollywood, CA 90069 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.