Here we are, six days into July 2025 in other words we are well into the second half of 2025 with less than six months left in the year. Not fully grasping how this happened, I can only conclude that we are all very busy day-to-day, making the days go by quickly, hence the weeks and the months as well.  No matter, there’s nothing we can do about it, time marches on as the saying goes.

Real Estate headlines are all over the map, and often I wonder who is writing these headlines and from where do they get their information?

A few examples:

1.       The Jobs Report:  The U.S. employment numbers for June surprised the experts! The economy added jobs, and the unemployment rate ticked down. Wages are still climbing, month over month and year over year.  Simply stated, the job market isn’t falling off the cliff any time soon. Nevertheless, it surprised “experts”?

2.      The Los Angeles Housing Market: Depending upon which headline you read: (a) The Los Angeles housing market shows signs of cooling since May2025; and (b) Are Home Prices dropping in Los Angeles?  If you asked me, I would tell you that the Los Angeles housing market continues to show resilience. The median sales price for June 2025 was $876,067 up 3.8% year over year, while June inventory was up and an increase from May by 9%.

You get the idea.  Here in Los Angeles, prices remain elevated, inventory increased, and sales slowed down. This means that buyers have more options from which to choose and can negotiate more than in previous years.

What headlines fail to mention is that Real Estate is very localized even within city or neighborhood limits. If you are considering buying or selling, you need to focus on a .5-.75-mile radius of the property you are considering buying or selling to obtain an accurate value.

If you have any questions or want to talk about real estate, please reach out to me directly and get the real scoop, not the misleading headlines. In the meantime, I hope all of you had a safe July 4th holiday.

If you are looking for a pet friendly Beverly Hills Realtor who can handle the most challenging properties that no one else could, please reach out to me directly. If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties or vacant land in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu reach out to me at 310.486.1002 (m) or homes@endrebarath.com or visit my website at https://www.endrebarath.com.