Home Buyer Tips March 5, 2025

First-Time Home Buyer’s Guide: Navigating the Los Angeles Market

Buying your first home in Los Angeles is an exciting milestone, but it can also feel overwhelming. With competitive prices, fast-moving listings, and various neighborhoods to choose from, it’s important to be prepared. Here’s what you need to know:

1. Know Your Budget

LA home prices vary greatly by neighborhood. Get pre-approved for a mortgage to understand what you can afford and avoid disappointment.

2. Explore Different Neighborhoods

From West Hollywood to Sherman Oaks, each area offers a unique lifestyle. Consider commute times, amenities, and future property value when choosing your location.

3. Factor in Extra Costs

Beyond your down payment, don’t forget closing costs, property taxes, and maintenance expenses.

4. Work with a Local Expert

A knowledgeable real estate agent can help you find hidden gems and negotiate the best deal.

5. Act Quickly but Smartly

Homes in LA move fast! Be ready to make an offer but do your due diligence before committing.

Looking to buy your first home in LA? Let’s connect and find the perfect place for you!

Iggy Khouban | Coldwell Banker Realty | Khouban Group| 818-384-1010