Part 12/12:
For prospective buyers, the key takeaway is that waiting for rates to drop might be the best strategy — or simply preparing for a much more competitive environment once the market starts favoring buyers again. Until then, many will remain on the sidelines, watching the market adjust amid economic uncertainties.
This overview underscores the complex interplay between interest rates, affordability, migration patterns, and regional economic health shaping California's housing landscape today.