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SoCal Matters
Housing Market Stuck in Molasses as Listings Decline
Season 2025
Episode 450
High rates, tariffs and tight supply have slowed listings and sales, with more last-minute cancellations. Many owners are locked into sub-4% loans while new mortgages top 6%, a gap that adds about $398 a month for a typical swap. The squeeze is sharper in the state’s big metros, and the median home price is just under $900,000.
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