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

As someone who’s spent decades helping buyers and sellers navigate the unique landscape of our local real estate market, I see firsthand how today’s first-time homebuyers in California—especially those between 25 and 34—are facing real headwinds. With steep student debt, rising mortgage rates, and high home prices, it’s no surprise California’s homeownership rate has dipped to 54.3%. Young buyers are often waiting until their 30s or even 40s before they can make a move, with employment challenges and zoning restrictions adding to the delay. While much of the growth in homeownership is projected to happen after 2030, I know how important it is to support both new and seasoned clients through every stage of the journey. Each path is unique, but with the right guidance and a client-first philosophy, homeownership can still become a reality—even when the odds seem stacked against you.