2026 LA Magazine Real Estate All Star

Monthly Newsletter Daniel J. Phai Real Estate  |  Keller Williams Beverly Hills October 2026   Recognition 2026 Los Angeles Magazine Real Estate All Star Being named to this list by Los Angeles Magazine is one of the highest honors in Southern California real estate. It recognizes agents across LA who have demonstrated excellence in client service, market expertise, and results. I am humbled and motivated by it. Thank you to every client who trusted me with one of the biggest decisions of their lives. Every friend who passed my name along. Every family member who believed in this path before I had the results to show for it. This kind of recognition only happens because of the people around you, and I do not take that lightly for a single moment. October also brought two closings — San Marino and La Canada Flintridge — and I am heading into the fourth quarter feeling genuinely thankful. Thank you for being part of this journey with me. 2026 Los Angeles Magazine Real Estate All Star State of the Market Los Angeles, October 2026 The LA market is entering the fall season in a balanced but watchful state. Prices are holding, inventory is slightly elevated compared to last year, and sellers who are serious and priced correctly are still getting deals done. The big story this month is rates. They have moved above 7% (MY GOODNESS!) for the first time since early 2025, which is changing the strategies for buyers and sellers alike. $956K LA Metro Median Price +4.2% year over year   51 Days Median Days on Market Up 3.6 days year over year Balanced Market Condition Buyers gaining slight leverage   Oct = Best Month to Buy in LA Sellers most negotiable of the year Mortgage Update Rates Cross 7% — Here Is What That Actually Means Current Rates — October 1, 2026 30 Year Fixed 7.28% 15 Year Fixed 6.60% 30 Year Jumbo 6.75% October Forecast Range 6.75–7.15% 7% Is a Number. Here Is How to Think About It. The 30-year fixed rate hit 7.28% this week according to Freddie Mac (the highest it has been since early 2025). The driver is the same story we have been watching all year: geopolitical tension near the Strait of Hormuz keeping oil prices elevated, which keeps inflation sticky, which keeps rates up. Here is the part that often gets lost in the headlines. October is historically the best month of the year for buyers in LA. Sellers are more negotiable in fall than at any other time (the average discount from list price in October is about twice what you see in spring). That means the rate environment is painful but the negotiating environment is the most favorable of the year. Those two things can offset each other more than people realize. Watch: The CPI report drops October 10 and the Fed meets in late October. Both could move rates in either direction. If you are close to buying, talk to your lender now about locking before those releases. Thank you for your trust and your referrals. If anyone in your circle is thinking about buying, selling, or investing in real estate, I would love to be the first call they make. Reach Out to Dan Daniel J. Phai  |  Keller Williams Beverly Hills Unsubscribe  |  You are receiving this because you are part of Dan's sphere of influence. Daniel J. Phai Real Estate · 439 N Canon Dr · Beverly Hills, CA 90210-4819 · USA

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