South Bay Real Estate Update: Rates, Cash Buyers & Affordability

In today’s episode, Richard breaks down three factors impacting South Bay real estate right now. First, he reviews C.A.R.’s latest affordability report and what the numbers mean—especially how much tougher the climb is for buyers in the South Bay. Next, he unpacks the recent drop in mortgage rates and its impact on both buyers and sellers heading into the fall market. Finally, Richard spotlights the outsized role of all-cash buyers across the Beach Cities and Palos Verdes. This episode gives you the numbers, the context, and the local insight you need to make sense of today’s challenging but resilient South Bay housing market. For more South Bay real estate insights, subscribe to Richard’s weekly blog at https://haynesre.com/blog.