REAL ESTATE MARKET PREDICTIONS 2027 THE L.A. REAL ESTATE OUTLOOK Fall 26   Life doesn't stand still—and neither do real estate opportunities; everything points to a gradual increase in the housing market recovery in 2027.   For buyers and sellers alike, there are reasons to be optimistic. THE 2027 FORECAST: THREE NUMBERS TO KNOW   3.7% MORE HOME SALES California existing single-family home sales are projected to rise to 277,900 in 2027. 1.4% PRICE GROWTH The statewide median home price is forecast to reach $894,400—a modest increase that suggests a market moving toward stability rather than dramatic swings. MORTGAGE RATES AROUND 6.6% Rates are projected to remain relatively steady. Even small changes in financing can make a meaningful difference in a buyer's monthly payment. What about Los Angeles? Local conditions matter far more than statewide averages. Neighborhood, property condition, pricing, and buyer demand can make all the difference. WHAT DOES THIS MEAN FOR YOU? SELLERS: You may not need to get creative with the your asking price to attract buyers. Strategic pricing, targeted marketing, and seller-paid interest-rate buydowns or other concessions can help protect your property's perceived value while making the purchase more affordable. BUYERS: More inventory and opportunities to negotiate may work in your favor. The right strategy could include negotiating the price, closing costs, or financing incentives to reduce your overall cost.   HOMEOWNERS: Even if a move isn't on your radar, knowing what your home is worth is valuable information. Your equity could play an important role in your next chapter. https://www.robertericksonrealestate.com/home_value   MY TAKE: STRATEGY MATTERS MORE THAN HEADLINES After more than 30 years in Los Angeles real estate, I've learned that there is no single market. Hollywood Hills isn't West Hollywood. The Sunset Strip isn't Hancock Park. Every neighborhood—and every property—has its own story. The best results come from understanding the local market, knowing how to negotiate, and creating a strategy tailored to your goals. At Erickson Estates, we believe in doing whatever it takes to help clients make smart real estate decisions. Sometimes that means going on the market. Sometimes it means exploring a discreet, off-market approach. The bottom line? You don't have to wait for a perfect market to make a smart move. LET'S TALK ABOUT YOUR NEXT MOVE Curious what your home could sell for in today's market? Wondering whether to buy now or wait until 2027? Or simply want a second opinion? I'm happy to help you explore your options—with no pressure and no obligation. Reply to this email or reach out directly. Let's put a plan together that makes sense for you. Wishing you a wonderful fall season and a happy holiday season ahead! Robert Erickson Erickson Estates Doing Whatever It Takes, Since 1994 310-890-7895 RobertEricksonRealEstate.com Instagram: @RobertEricksonLA California housing projections are forecasts, not guarantees. Actual results will vary by market and property.