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Q1 2025 Market Update

In Uncertain Times, Judgement Matters Most

All of us feel the tensions of 2025. Between the wildfires, market shifts, economic news and the political headlines, the question on everyone’s minds is: What now?
We only just finished Q1!

Here’s the truth – uncertainty is not new. What makes the difference is HOW we navigate it.

This is where judgement comes in. Sound real estate decisions go beyond the numbers and headlines. As a team who have lived and worked in Hancock Park for well over four decades, we have seen markets rise and fall, stall and surprise. Experience has taught us that decisions benefit from a long-term perspective. Our guidance depends on your goals, your timing and your values.

Be assured Hancock Park has demonstrated resilience over its century-long history which is a testament to its enduring charm and desirability – both in terms of architectural beauty and central location. This longevity offers a reassuring perspective that while markets change the intrinsic value of our neighborhood remains steadfast. Demand is steady and buyers are more measured, reflecting today’s cautious optimism. There continues to be a dearth of inventory so well-priced properties in good locations continue to move, often with multiple offers. Exceptionally stylish and/or move-in ready properties continue to set records.

Fun Fact ~ Sue Carr moved to Windsor Square from NYC and paid a 21% mortgage rate. Later she sold her little Bronson house and her subsequent investment appreciated over 1000% since.

Loveland Carr Group combines common sense with seasoned judgement and a touch of humor to reframe when emotions run high – and they do! In uncertain times, caution is warranted and experience is essential. The right move is still possible when you have sage advisors walking the sidewalk with you.
When you are ready to take the next step –
We’re right here in Larchmont Village.

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