Wednesday, October 1, 2025 / by Vic Markarian
What Buyers Say They Need Most - and How the Market Is Finally Responding
If you’ve been sitting on the sidelines, waiting for the market to feel a little more realistic - you’re not alone.
According to a new survey by Bank of America, two things top the list for today’s homebuyers:
63% want lower home prices
50% want lower mortgage rates
Sound familiar?
The good news is — the housing market is finally starting to deliver on both.
Let’s break down how today’s market is adjusting and what it means for your next move.
Home Prices Are Moderating (Finally)
Over the past few years, prices moved fast — sometimes so fast it pushed buyers out of the game.
But today?
That red-hot pace is cooling. Nationally, price growth has slowed to low single digits, compared to the 20%+ surges we saw from 2020 to 2022.
For buyers, that shift changes everything:
It’s easier to plan your budget
You won’t feel rushed to & ...
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Monday, September 22, 2025 / by Vic Markarian
Real Estate Agent in Montrose, CA, Shares Insights on Price Correction as Sales Volume Surges 64% Year-Over-Year
Montrose, CA – The Montrose real estate market has entered a neutralization phase, with Zillow data showing average home values experiencing minimal decline at just 0.9% annually, while the Zillow Home Value Index stabilizes around $1.305 million. Despite this price moderation, sales volume has surged an impressive 64% year-over-year, indicating sustained transaction activity even as the market escapes the extremes of previous boom cycles.
Market expertise becomes essential during transitional periods, which is where Vic Markarian, Realtor agent in Montrose, CA, and the Vic Markarian Realty Group excel. The team’s success stems from Vic’s analytical background as an Electrical Engineer, combined with the same determination that led to their recognition as one of California’s most distinguished real estate teams.
Understanding ...
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home buyer, real estate tips, home buying, buyer's market, homeownership, buying a home, first time home buyers, buyer tips 2025, real estate market trends 2025
Thursday, August 28, 2025 / by Vic Markarian
The Truth Behind the Rise in New Home Inventory — And Why It’s Not 2008 Again
Buying a home right now can feel overwhelming — especially when headlines talk about “record-high new construction inventory.”
If you’re already stressed about making a big financial decision or wondering if it’s the right time, it’s easy to spiral.
Let’s cut through the noise, clear up the confusion, and give you real answers — not clickbait.
Why This Isn’t Another 2008
If you’re like many buyers, you’re thinking:
“Is all this new construction a sign the market’s about to crash?”
It’s not.
Yes, new home inventory is at its highest since 2008. But that stat is misleading unless you put it in context.
In 2008, there was an oversupply of homes — both new and resale — combined with irresponsible lending. Today, we still have a national housing shortage.
Take a look at the real picture: ...
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home buyer, home buying, los angeles, glendale, homeownership, first time home buyers, real estate advice for 2025, real estate tips 2025, real estate trends 2025, buyer tips 2025, real estate market trends 2025
Thursday, August 14, 2025 / by Vic Markarian
Should You Buy a Home Now or Wait for Lower Mortgage Rates?
Mortgage rates are on everyone’s mind — and for good reason.
After a weaker-than-expected jobs report in early August, mortgage rates dropped to 6.55%, the lowest level so far in 2025. For many hopeful homebuyers, this was a much-needed sign that rates might finally be trending down.
But before you decide to wait or jump in, let’s break down what the experts are actually predicting.
What Are Mortgage Rates Expected To Do Next?
If you’re hoping for a big drop in rates — you might be waiting a while.
According to forecasts from Fannie Mae, MBA, and Wells Fargo, most experts agree: rates will likely stay in the mid-to-low 6% range through 2026. Small fluctuations may happen with economic news, but major drops aren’t expected in the near future.
That means today’s rates might be as good as it gets for a while.
What If Rates Hit 6%?
Here’s where it gets interesting.
Acco ...
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home buyer, home buying process, home buying, buyer's market, los angeles, glendale, buying a home, first time home buyers, real estate advice for 2025, real estate tips 2025, real estate trends 2025, 2025 housing market, buyer tips 2025, real estate market trends 2025
Thursday, June 26, 2025 / by Vic Markarian
Should You Wait for a Recession To Buy or Sell a Home? Here’s the Truth
If you’re watching the headlines, you’ve probably seen the word “recession” pop up again. And if you’re planning to buy or sell a home in the Los Angeles area—or anywhere in the country—you might be wondering: Should I wait for a recession before I make my move?
It’s a common question. In fact, a recent joint survey by John Burns Research and Consulting (JBREC) and Keeping Current Matters (KCM) found that 68% of potential buyers and sellers are holding off due to economic uncertainty.
But is waiting really the smartest move? Let’s break it down with facts and data.
Do Mortgage Rates Really Fall in a Recession?
It’s true that mortgage rates usually fall during a recession. Historically, economic slowdowns trigger action from the Federal Reserve to stimulate growth—often through lower interest rates. That tends to result in lower mortgage ...
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home buyer, home seller, home buying process, for buyers, buying a home, first time home buyers, for sellers, real estate advice for 2025, real estate tips 2025, real estate trends 2025, 2025 housing market, buyer tips 2025, real estate market trends 2025, seller tips 2025
