South LA County & Long Beach Market Update: Early September 2025
The latest economic indicators are showing a mixed bag for the national economy and our local housing market here in South LA County and Long Beach. While there are some bright spots, concerns about the labor market and consumer confidence continue to shape housing activity.
Economic Snapshot
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Jobless claims: Unemployment claims fell slightly but remain in a tight range, suggesting that rehiring momentum is still limited.
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Consumer confidence: Confidence slipped in August, erasing some of the gains from July. Many households remain cautious about income growth and job security.
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Inflation: The Fed’s preferred inflation gauge edged higher, a sign that cost pressures haven’t fully cooled.
Housing Market Trends
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New home sales: Sales dipped as more buyers stayed on the sidelines, balancing affordability concerns with economic uncertainty.
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Mortgage performance: Mortgage delinquencies are down, which shows most homeowners are keeping up with payments. However, foreclosure activity ticked up slightly, reminding us that some households are still under stress.
What This Means for South LA County & Long Beach
Locally, the market remains steady but cautious. Buyer activity is selective, and sellers are navigating longer timelines and more negotiation. The broader economic headwinds—slower rehiring, softer consumer sentiment, and inflation—could keep the housing market in a “wait-and-see” mode through early fall.
đ Want to know how these trends are impacting your city or neighborhood? Contact me today for a customized market update and guidance on whether now is the right time for you to buy, sell, or hold.
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