July 4, 2025 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Realtor.com Lists the Top 10 Resilient Real Estate Markets Defying National Trends

Stability Amidst the Dip: Markets Set to Shine in 2024, Says Realtor.com Economist

By Dolores Quintana

Realtor.com has pinpointed real estate markets poised for home sales price growth, even amid a national dip in their most recent forecast. These markets are expected to experience a surge in existing home sales, a contrast to the mostly flat trend seen in many other parts of the country.

Realtor.com Chief Economist Danielle Hale notes that the top 10 markets for 2024 have maintained stability, avoiding the significant price and sales booms witnessed in other regions. This steadiness sets them apart in the current landscape. Five out of the ten are in the state of California, although most are not within the Metropolitan Los Angeles area, which is rated number ten on the list. Oxnard, CA, is number two, San Diego is number four, Riverside is number five, and Bakersfield is number six. 

The Realtor.com economics team made predictions for home sales prices and existing home sales, excluding new construction, in the 100 largest metropolitan areas. Interestingly, two of the nation’s most expensive states claim seven of the top 10 spots, with half located on the West Coast in California and two in Massachusetts.

This revelation may surprise observers, considering the increasing pursuit of affordability by homebuyers amid spiked mortgage rates and historically high home prices. The Golden State’s housing market faced challenges in the wake of soaring costs, leading to slumps in prices and dwindling sales.

However, many Southern California markets are expected to rebound in 2024. The projected decline in mortgage rates is anticipated to attract more buyers, bidding up prices. Additionally, increased seller confidence is expected to boost inventory and increase sales.

While these forecasts paint a positive picture, the wildcard remains mortgage rates. According to Hale, if rates rise again or fail to retreat to the mid-6% range, California markets’ anticipated price and sales growth may not materialize.

Related Posts

(Video) A visit to New York Bagel & Deli in Santa Monica

July 3, 2025

July 3, 2025

Authentic NY Style Bagels with Extra Creamy Cream Cheese and Multi-Cultural Desserts. Located at 2216 Wilshire Blvd. A visit to...

Hot Dogs & Rosé: Something About Her and The Culver Hotel Roll Out Summer Specials

July 2, 2025

July 2, 2025

Westside Venues to Serve Playful Bites and Seasonal Sips For the Holiday Weekend A bold new offering is making its...

NeueHouse Hosts Bold One-Night Dinner With Culinary Phenomenon Diego Argoti

July 2, 2025

July 2, 2025

Acclaimed Chef Brings Culinary Mischief With a Five-Course Tasting Experience. NeueHouse Hollywood will host an exclusive, one-night-only dining event on...

(Video) Legacy, Reimagined: Architecture, Design & Construction by Home Front Build Los Angeles

July 2, 2025

July 2, 2025

Go To Homefrontbuild.com For More Information @home_front_build Legacy, Reimagined: Architecture, Design & Construction by Home Front Build Los Angeles Go...

405 Crash Near the Getty Sends Three to Hospital: Two Seriously Hurt Near Site Where LAPD Sgt. Died

July 2, 2025

July 2, 2025

Early Morning Multi-Vehicle Collision Shut Down Lanes Near Brentwood Three men were injured and traffic was snarled for hours following...

(Video) Jikoni, the AfriCali PopUp from celebrated cookbook author Kiano Moju Has Been Extended Until July 3 at Citizen Public Market

July 1, 2025

July 1, 2025

Bold Flavors and Spice Merge with Crisp, Chewy Chapati. Delicious With a Caring Chef and Staff. Jikoni, the AfriCali PopUp...

Pentagon Orders Troop Drawdown in LA: 150 National Guard Members Reassigned to Wildfire Duty

July 1, 2025

July 1, 2025

Federal Forces Begin Partial Withdrawal From Protest Response as California Leaders Push Back U.S. Northern Command announced Tuesday that 150...

California Highway Patrol Deploys for Independence Day Enforcement Surge

July 1, 2025

July 1, 2025

All Available Officers to Hit California Highways for Holiday Weekend As Californians gear up for Fourth of July festivities, the...

Court Postpones Arraignment for Driver in Malibu Crash That Killed Four Students

July 1, 2025

July 1, 2025

Fraser Michael Bohm Faces Murder Charges in Fatal PCH Wreck  The arraignment for Fraser Michael Bohm, the 23-year-old man accused...

(Video) Los Angeles County Supervisor from the 2nd district, Holly J. Mitchel, Gives a Powerful Speech

June 30, 2025

June 30, 2025

Supervisor Mitchell Called on Residents to take action at the rally for Ambrocio “Enrique” Lozano in Culver City.

Top Military Commander Urges Return of Troops Deployed to ICE Protest Response

June 30, 2025

June 30, 2025

General Requests 200 National Guard Soldiers Be Returned to California Wildfire Unit The senior U.S. military officer overseeing federal forces...

Second Victim Killed Alongside LAPD Sergeant in Brentwood 405 Crash Identified

June 30, 2025

June 30, 2025

Authorities Confirm Garcia, 34, Died at the Scene, GoFundMe Launched  Authorities have identified the civilian who was killed alongside a...

The Westside Lights Up for July 4: Fireworks, Drone Shows, and Parades Return Across West Los Angeles

June 30, 2025

June 30, 2025

From Marina Del Rey’s Fireworks to Culver City’s 1980s-Themed Drone Show, Get Ready to Celebrate From fireworks over Marina del...

California Judge Rules FAIR Plan’s Smoke Damage Policy Unlawful

June 29, 2025

June 29, 2025

Court Says Wildfire Insurance Program Illegally Denied Claims Legal protections for California homeowners took a step forward this week after...

(Video) Culver City Residents and City and County Leaders Rally for Disappeared Ice Cream Man Ambrocio “Enrique” Lozano

June 29, 2025

June 29, 2025

US Representative for California’s 37th Congressional District, Sydney Kamlager-Dove Speaks About What is happening to the disappeared.