Sunday, May 11, 2025 / by Vic Markarian
Granada Hills, CA – Homebuyers in 2025 Could Build Substantial Equity by Acting Early, Says Vic Markarian of Markarian Realty Group
Granada Hills, CA – The Markarian Realty Group, led by trusted local expert Vic Markarian, has released a timely market outlook encouraging prospective homebuyers to act early in 2025 to take full advantage of projected equity growth.
According to the latest Home Price Expectations Survey, which gathers insights from over 100 leading housing analysts, home prices are expected to appreciate steadily at 3–4% annually through at least 2029. This consistent growth trajectory offers a strong opportunity for buyers ready to enter the market now—especially those looking to build wealth through long-term homeownership.
“Many buyers are fixated on mortgage rates—but they’re missing the bigger wealth-building picture,” says Vic Markarian, a seasoned real estate agent in Granada Hills, CA. “Even modest pric ...
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Thursday, May 1, 2025 / by Vic Markarian
Talks of a potential recession are making headlines again—and naturally, buyers and homeowners are asking: “Will my home lose value?” “Will mortgage rates spike again?”
Let’s break down what typically happens in the housing market when the economy slows down—and why you may not need to panic.
A Recession Doesn’t Always Equal Falling Prices
Many people assume a recession means home prices will drop, like they did in 2008. But that downturn was unique—and driven by overbuilding, loose lending, and a foreclosure crisis.
In fact, home prices have actually increased in 4 of the last 6 recessions.
As you can see, only 1991 and 2008 saw declines, and 2008 was the real outlier at nearly -20%. Today’s market is very different—inventory is still tight, especially in Los Angeles County. Demand continues to outpace supply, and that’s keeping prices stable or rising in most markets.
So, if you're worried about a cra ...
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Thursday, April 24, 2025 / by Vic Markarian
You’ve likely heard this before: “The best time to buy a home was yesterday. The second best time is today.”
And while that sounds like a cliché, it holds a lot of truth—especially in today’s market. Homeownership isn’t about perfectly timing the market, it’s about time in the market. The longer you wait, the more you may end up paying.
Home Prices Are Projected To Keep Rising
Over 100 leading housing experts contribute to the Home Price Expectations Survey every quarter—and they all agree: Home values will keep rising through at least 2029.
Even though we’re past the rapid price spikes of 2021–2022, a steady growth of 3–4% per year is expected—a healthy, sustainable pace. And here in Los Angeles County, especially in hot zones like Glendale, Pasadena, and Burbank, local demand will likely keep prices trending upward.
Waiting Could Cost You—Literally
You might be thinking about waiting fo ...
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Wednesday, April 16, 2025 / by Vic Markarian
Lately, a lot of people are asking the same thing: “Is the housing market about to crash?”
If you’ve seen dramatic headlines or social media predictions, you’re not alone. According to recent data from Clever Real Estate, 70% of Americans are worried about a housing crash in 2025.
But before you hit pause on your real estate plans, let’s set the record straight: The market isn’t crashing — it’s correcting. And that shift could actually work in your favor.
What’s Keeping the Market Stable in 2025?
The main thing holding up the housing market right now is simple: Inventory is still low.
As Mark Fleming, Chief Economist at First American, puts it:
“There’s just generally not enough supply. There are more people than housing inventory. It’s Econ 101.”
When there’s less of something and demand is strong — like concert tickets — prices hold or go up. And that’s exactly what’s t ...
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Wednesday, April 16, 2025 / by Vic Markarian
If you’ve been dreaming of owning a home in Los Angeles, you’re not alone — and if you're expecting a tax refund this year, you may be closer to getting those keys than you think.
As Freddie Mac explains:
“Your tax refund from the IRS can be a useful supplement to your homebuying budget.”
Whether you're saving up for your first home or trying to cover those last few upfront costs, your tax refund could give your plans a real boost.
Tax Refunds Are Up This Year — Here's Why That Matters
This year, the average tax refund is up by 3.9% compared to last year, according to the latest data from the IRS.
While refund amounts vary depending on your personal tax situation, even a small boost in your refund could help you take meaningful steps toward homeownership in LA's competitive market.
Smart Ways to Use Your Tax Refund to Buy a Home in LA
Here’s how you can make your refund work harder for your homebuying goals:
1. Boost Your Down Pa ...
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