Will first-time homebuyers save California’s homeownership rate?

It's no secret that buying a first home in California has become a real challenge, especially for those aged 25-34. With high student debt, rising mortgage rates, and home prices that keep climbing, the homeownership rate has slipped to 54.3%. Many are finding that employment hurdles and strict zoning laws are pushing their dreams of ownership into their 30s and even 40s, with more noticeable growth in homeownership projected after 2030. As someone who guides clients through every turn of their real estate journey in Southern California, I see how these factors shape the path for first-time buyers. I’m here to help you navigate this landscape, so when you’re ready to make your move, your dreams can become your reality.