2026 Market Expectations According to Redfin
-Interest rates expected to stay in low 6% range, which won't shock buyers.
-Prices to tick up only 1% compared to 2025 due to job and generally economic insecurities.
-There will be more volume activity in 2026 mainly due to pent up sellers unleashing inventory on the market to upgrade, relocate, free up cash.
-Those who started with 7-8% mortgages will refinance.
-Fire victims who were in temporary housing and had insurance payouts will begin to look for housing or rent in areas away from fire hazard zones, creating local migration within LA.
-Rental market will be stronger than 2025 as housing affordability remains low, and the demand for rentals, especially roommate situations, will rise.
