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Ken Sisson Real Estate

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Ken Sisson Real Estate

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Real Estate Agent, Realtor® and associate Broker with Coldwell Banker Realty in Studio City, CA with over two decades of industry experience.

11/01/2026

🎃👻 GET READY FOR THE POST-HALLOWEEN HORROR STORY!

LOS ANGELES HOME SALES DOWN 21.5% YEAR OVER YEAR! 😱

The October numbers are in, and you can bet some frightening real estate headlines are headed our way!

According to preliminary Greater Los Angeles MLS (CLAW) figures:

🏠 October 2025: 18,255 closed sales
🏠 October 2026: 14,335 closed sales
📉 3,920 fewer sales — DOWN 21.5%!

Scary? Perhaps.

Surprising? Not if you read my article from last week!

We saw this coming.

Higher mortgage rates, affordability challenges, normal market seasonality, and even one fewer weekday for closings in October all help explain what we’re seeing.

But here’s where the real horror story begins…

A 21.5% decline in HOME SALES does NOT mean HOME VALUES have declined 21.5%.

Those are two very different things.

So why sensationalize the numbers?

Because fear gets clicks. Attention. Readers. Views.

Unfortunately, fear can also lead to poor decisions, hesitation, or people putting important life decisions on hold unnecessarily.

That’s the world we live in.

Truth and facts don’t always hit the same way.

But they’re far more useful when you’re making one of the biggest financial decisions of your life.

I expect plenty of scary headlines in the coming days. Just remember that there’s always more to the story than the headline.

🔎 Is the Los Angeles real estate market actually crashing?

I wrote about that very question last week, BEFORE these October numbers came in.

Read the full analysis at:

https://www.kensisson.com/pages/los-angeles-real-estate-market-crash-2026/

Or visit the link in my bio.

Happy Halloween! 🎃

October 2026 MLS figures are preliminary as of October 31 and subject to late reporting.

Ken Sisson | Associate Broker & REALTOR®
Christie’s International Real Estate Southern California
CA DRE #01292247

10/31/2026

🎃👻 GET READY FOR THE POST-HALLOWEEN REAL ESTATE HORROR STORY!

LOS ANGELES HOME SALES DOWN 21.5% YEAR OVER YEAR! 😱

The October numbers are in, and you can bet some frightening real estate headlines are headed our way!

According to preliminary Greater Los Angeles MLS (CLAW) figures:

🏠 October 2025: 18,255 closed sales
🏠 October 2026: 14,335 closed sales
📉 3,920 fewer sales — DOWN 21.5%!

Scary? Perhaps.

Surprising? Not if you read my article from last week!

We saw this coming.

Higher mortgage rates, affordability challenges, normal market seasonality, an unusually strong Oct. 2025 and even one fewer weekday for closings in October 2026 all help explain what we’re seeing.

But here’s where the real horror story begins…

A 21.5% decline in HOME SALES does NOT mean HOME VALUES have declined 21.5%.

Those are two very different things.

So why sensationalize the numbers?

Because fear gets clicks. Attention. Readers. Views.

Unfortunately, fear can also lead to poor decisions, hesitation, or people putting important life decisions on hold unnecessarily.

That’s the world we live in.

Truth and facts don’t always hit the same way.

But they’re far more useful when you’re making one of the biggest financial decisions of your life.

I expect plenty of scary headlines in the coming days. Just remember that there’s always more to the story than the headline.

🔎 Is the Los Angeles real estate market actually crashing?

I wrote about that very question last week, BEFORE these October numbers came in.

Read the full analysis at:

https://www.kensisson.com/pages/los-angeles-real-estate-market-crash-2026/

Or visit the link in my bio.

Happy Halloween! 🎃

October 2026 MLS figures are preliminary as of October 31 and subject to late reporting.

Ken Sisson | Associate Broker & REALTOR®
Christie’s International Real Estate Southern California
CA DRE #01292247

10/30/2026

An extra hour this weekend. An important opportunity to use your voice this Tuesday. 🇺🇸

Election Day is November 3rd. Please take some time this weekend to review your ballot, learn about the candidates and issues, and make choices that reflect YOUR priorities and values.

California’s Official Voter Information Guide is a great place to start:
👉 voterguide.sos.ca.gov

Check your county’s sample ballot for local races and measures, too.

Get informed. Make your own choices. Your vote matters.

Have a wonderful weekend, and God bless America! 🇺🇸

10/30/2026

📉 MORTGAGE RATES EASE TO 7.24% — BUT WE’RE NOT OUT OF THE WOODS YET.

Some welcome relief following the recent run-up in mortgage interest rates.

Freddie Mac reports that the average 30-year fixed mortgage rate declined to 7.24%, down from 7.32% last week and 7.40% two weeks ago. The 15-year fixed rate also eased to 6.60%.

But there’s a bigger story behind these numbers.

Mortgage rates have been moving much more closely with longer-term Treasury yields than with the Federal Reserve’s overnight lending rate.

The Fed held its benchmark rate steady earlier this week, but that doesn’t mean mortgage rates will necessarily stay put.

After the 10-year Treasury yield climbed above 5% in September and continued higher in October, we’ve recently seen it retreat toward—and at times below—that important threshold.

That’s encouraging. But inflation concerns, bond-market volatility, and expectations about future Fed policy could easily change the direction again.

So what does this mean for the Los Angeles housing market?

We’re entering a season when real estate activity traditionally slows. Fewer buyers actively shopping, combined with even modest mortgage-rate relief, can create opportunities for buyers who are prepared and find the right property.

That doesn’t mean every listing is a bargain. It means the combination of property-specific circumstances, seller motivation, market timing, and financing can sometimes work in a buyer’s favor.

We’re not out of the woods. But after the recent rate run-up, it’s certainly nice to see a little relief.

And sometimes, a buying opportunity doesn’t come from waiting for the perfect interest rate. It comes from finding the right property at the right price.

Ken Sisson | Broker Associate
Christie’s International Real Estate Southern California
CA DRE 01292247

10/29/2026

California voters have a decision to make next Tuesday, November 3.

Proposition 37 proposes a new homebuyer financing program intended to make purchasing a qualifying newly constructed home more accessible.

But there’s an important distinction: this wouldn’t apply to most existing resale homes.

Over the next several slides, I’ll break down how the program would work, who could qualify, and what voters are being asked to approve.

Ken Sisson | CA DRE #01292247

🗳️

Four numbers help explain California’s Proposition 37:

$25 billion in potential revenue bonds.

Up to 17% of a qualifying home’s purchase price in second-mortgage financing.

A minimum 3% buyer down payment.

Household income below 200% of the applicable area median income.

The important detail? That 17% would be a loan that must be repaid, not a gift or grant. The proposed bonds fund the loans for borrowers.

Ken Sisson | CA DRE #01292247

Let’s put some actual numbers behind Proposition 37.

On an $800,000 qualifying purchase, an illustrative financing structure could look like this:

• $640,000 first mortgage (80%)
• $136,000 second mortgage (17%)
• $24,000 buyer down payment (3%)

The buyer would still owe $776,000 across two mortgages.

Reducing the upfront cash requirement is one thing. Reducing the total monthly housing payment is another.

That’s an important distinction when evaluating any financing program.

Ken Sisson | CA DRE #01292247

Who could actually use Proposition 37 if California voters approve it?

Eligibility would include California residency for at least one year, household income below 200% of area median income, owner occupancy, and at least a 3% down payment.

The property must also qualify under the program’s new-home requirements and applicable purchase-price limits.

And here’s something interesting: the proposal does not require every applicant to be a first-time homebuyer.

Actual loan availability would depend on implementation and underwriting requirem

10/29/2026

Studio City panoramic views, complete top to bottom renovation! 🏡🔝 Top of the hill

3714 Sunswept Drive offers 3 bedrooms, 2.5 baths and approximately 2,649 sq. ft., with an entire upstairs primary suite, Thermador appliances and a Tesla solar roof with battery backup.

Offered for lease unfurnished, for one year or longer. Message me for details or a private showing.

kensisson.com/pages/3714-sunswept-drive

Ken Sisson | Christie’s International Real Estate Southern California
CA DRE 01292247

10/28/2026

Every home has a story. How you tell it matters.

The architecture, the setting, the details that make a place memorable—those are the starting points for presenting a home thoughtfully and helping buyers understand what makes it special.

Here in Los Angeles, I pair local market knowledge and a background in real estate and mortgage finance with the global reach of Christie’s International Real Estate.

Thinking about your next move? Let’s talk about what matters to you.

Ken Sisson | Associate Broker & REALTOR®
Christie’s International Real Estate Southern California
310-308-8672 | kensisson.com
CA DRE 01292247

10/27/2026

Another Significant Change Affecting Condos — and Potentially Increasing HOA Fees

California’s new AB 2050 establishes additional reserve-funding requirements for homeowners associations beginning in 2032. Now that may seem a long way off. HOAs need to start preparing now, though.

The legislation is intended to address a longstanding problem: HOAs that aren’t adequately setting aside money for major repairs, replacements, and other anticipated expenses.

Here’s my take:

An HOA shouldn’t keep monthly dues artificially low by failing to adequately budget for actual and reasonably projected expenses — whether that underfunding is intentional or simply the result of poor planning.

Lower HOA fees might look attractive to prospective buyers, but they don’t necessarily mean a building is less expensive to own.

Eventually, the bills come due.

And when adequate reserves haven’t been established, homeowners can find themselves facing substantial special assessments, deferred maintenance, or sudden increases in monthly dues.

The goal shouldn’t be the lowest possible HOA fee. It should be an appropriately funded, financially responsible association.

For condo buyers, this is another reason to look beyond the monthly HOA dues and carefully examine the association’s financial statements, reserve studies, insurance, and anticipated capital expenditures.

For current condo owners, it’s worth understanding how well your association is preparing for future obligations.

AB 2050 won’t automatically increase every association’s dues. But it could bring additional financial pressure to buildings that have historically underfunded their reserves.

A low HOA fee isn’t necessarily a bargain. Sometimes it’s simply a bill that hasn’t arrived yet. Let’s talk about how to tell the difference -

Ken Sisson | Broker Associate
Christie’s International Real Estate Southern California
DRE 01292247

10/26/2026

📉 Los Angeles home sales are falling. And next month’s headlines could be considerably worse.

September’s housing reports have already generated plenty of negative coverage. But preliminary October numbers suggest November’s headlines could kick it up a notch.

Does that mean the Los Angeles real estate market is crashing?

Not necessarily.

After more than 26 years in Los Angeles real estate, I’ve learned that the most important part of a market report is often the context missing from the headline.

I’ve examined three years of closed sales, mortgage-rate trends, seasonality, and the psychology influencing buyers and sellers.

The results tell a much more interesting story.

🔗 Read the full analysis:
https://www.kensisson.com/pages/los-angeles-real-estate-market-crash-2026
Ken Sisson - DRE 01292247

🏡 Home sales DOWN 10.9%. Home prices UP 1.2%. How can both be true?

According to the California Association of REALTORS®, Los Angeles County existing single-family home sales declined 10.9% year over year in September 2026.

Meanwhile, the median sold price increased 1.2%.

Fewer homes changing hands doesn’t automatically mean home values are collapsing.

Transaction volume and property values are related, but they don’t always move in the same direction.

And when we compare September 2026 with September 2024 and 2023, the picture becomes considerably more nuanced.

The comparison period matters.

🔗 Read the full analysis:
https://www.kensisson.com/pages/los-angeles-real-estate-market-crash-2026
Ken Sisson - DRE 01292247

⚠️ October’s preliminary Los Angeles home sales are down 21.1%. That’s significant.

Here’s the comparison from my Los Angeles MLS research, including single-family residences and condominiums:

📅 October 1–24, 2025: 13,975 closed sales

📅 October 1–24, 2026: 11,024 closed sales

That’s 2,951 fewer transactions, a year-over-year decline of approximately 21.1%.

We’re comparing the same calendar dates—not a partial

10/23/2026

Is housing inventory rising in Studio City, Sherman Oaks, Toluca Lake, Valley Village and Encino? It depends on the neighborhood—and whether you’re looking at a house or a condo.

Encino is a good example. In September, single-family inventory was up 8.2% from a year earlier, while condo inventory was down 23.5%. Studio City moved the other way: fewer houses, more condos.

And inventory is only part of the story. Sherman Oaks had more houses listed with almost the same number of closings. Toluca Lake had fewer houses listed and fewer closings, too.

I’ve broken down the September 2026 figures in The Real Read, including prices, sales counts and what the numbers can—and can’t—tell us.

Read the full article by commenting “FACTS” and I’ll send you the link 🔗

If you’re weighing a move, send me the neighborhood, property type and price range—or an address. Let’s look at the relevant facts and your options.

Ken Sisson | Associate Broker & REALTOR®
Christie’s International Real Estate Southern California
310-308-8672 | [email protected]
CA DRE 01292247

Source: The MLS Market Snapshot. September 2026 compared with September 2025.

Address

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Los Angeles, CA
91436

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