Hi Friends,

You’ve probably seen the gloomy headlines about the U.S. housing market. Slowing sales, higher mortgage rates, and affordability concerns dominate the news.

But a recent report from AllianceBernstein says the story is more balanced than that. The housing market isn’t crashing—it’s stabilizing.

What’s Going On

  • Prices are flattening, not falling. After years of rapid appreciation, national home-price growth has cooled, and inventory is slowly improving.
  • Supply remains tight. Homeowners locked into low mortgage rates aren’t listing their properties, which keeps inventory low.
  • Demand is still there. Millennials and Gen Z buyers are forming new households, maintaining structural demand.

Read the full AB article →

Why This Matters in Long Beach

Here in Bixby Knolls, Virginia Country Club, and nearby neighborhoods, we see the same pattern—steady prices supported by limited supply and strong community demand.

We might not see big gains in the next year, but we’re not expecting steep drops either.

If You’re Thinking of Moving

Buyers: You may finally have some breathing room to find the right home without bidding wars.

Sellers: Pricing and presentation matter more than ever—today’s buyers are informed and selective.

Let’s Talk About Your Next Move

Whether you’re buying, selling, or just curious how this national shift affects your property, I’m happy to share a custom local market breakdown. Give me a call!

Michael

(562) 810-7218

Your Long Beach Real Estate Agent

DRE# 02024049

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.