Matt McGilvray Realtor

New Probate listing in 55+ Golf Community!

Just Sold for $490,000.00
Spacious and versatile 3-bedroom + bonus room, 2-bath home in the heart of Rialto! Featuring 1,696 sq. ft. of living space on an 8,400 sq. ft. lot, this home includes two family rooms, a cozy fireplace, a private office, and a well-equipped kitchen. The backyard is a blank canvas ready for your vision. Additional perks: two-car garage with laundry, and a convenient location near schools, shopping, and freeways. Rialto.

"If you or someone you know is thinking about downsizing or finding a peaceful place to enjoy the next chapter, check out what's for sale in Laguna Woods! 🏡 This 55+ community has so much to offer — beautiful surroundings, tons of activities, and a great sense of community. Whether you're looking for a cozy condo or something with a bit more space, there are some great options available right now. Feel free to reach out if you’d like info or a tour! "

Spring Housing Market: Are Buyers Finally Catching a Break?

For the past few years, sellers have had the upper hand in the housing market, fueled by record-low inventory and fierce competition. But as we head into spring 2024, the tide may be starting to turn—at least slightly—in favor of buyers.

Despite historically high home prices and elevated mortgage rates, changing market conditions could create new opportunities for those looking to buy or sell this season.

The Two Biggest Challenges in Today’s Market
🔹 High Mortgage Rates – Many homeowners are still locked into low-rate mortgages and hesitant to sell, limiting fresh inventory.
🔹 Low Housing Supply – With fewer listings on the market, competition remains fierce, especially for move-in-ready homes.

Yet, even with these challenges, buyers and sellers may start seeing a shift in market dynamics.

What This Means for Sellers

Homes Still in Demand – With limited inventory, well-priced homes continue to sell quickly.
Pricing Strategies Matter More – Overpricing can push buyers away, but competitively priced homes can still attract strong offers.

Sellers with Probate or Trust Properties – In a market starved for inventory, these properties can attract serious buyers looking for opportunities.

Opportunities for Buyers

Less Competition on Some Listings – As affordability remains an issue, some buyers have stepped back, giving others a better shot at securing a home.

Sellers Becoming More Flexible – Some motivated sellers are open to concessions like covering closing costs or negotiating repairs.

Off-Market & Probate Properties – Homes not widely marketed, including probate sales or inherited properties, could offer potential deals.

Spring Market Takeaway

While it’s not a full buyer’s market yet, conditions are shifting. Buyers who stay active may find better opportunities, while sellers who price correctly can still sell successfully.

Subject: Price Drops Across SoCal – What’s Driving the Shift?
SoCal Home Prices on the Decline – What It Means for You


If you’ve been watching the Southern California real estate market, you’ve probably noticed an increasing number of price reductions on active listings. This trend is creating new opportunities for buyers while signaling key shifts in the market that sellers should be aware of.

What’s Causing the Price Drops?
Several factors are contributing to this market adjustment:

✅ Higher Mortgage Rates – Rising interest rates have made homeownership less affordable for many buyers, leading to reduced demand and price adjustments.

✅ Overpricing & Market Corrections – Some sellers initially listed their homes at peak-pandemic pricing, but with buyer demand softening, they’re now adjusting to align with current market conditions.

✅ Increased Inventory – More homes on the market mean buyers have more choices, reducing bidding wars and forcing some sellers to lower prices to stay competitive.

✅ Economic Uncertainty – Concerns over inflation and a potential recession have made some buyers hesitant, leading to longer listing times and price reductions.

What Does This Mean for Buyers & Sellers?
🏡 For Buyers:
This could be the window of opportunity you’ve been waiting for! With more homes experiencing price cuts, now might be the time to find a great deal. If mortgage rates are a concern, strategic financing options can help.

🏡 For Sellers:
If your home has been sitting on the market, it may be time to reassess pricing and marketing strategies. Proper pricing, staging, and negotiation tactics can help you stay ahead in a shifting market.

Is Now the Right Time to Act?
Whether you’re buying or selling, market trends like these require expert guidance. If you’d like a market analysis for your area or need advice on making the best move, I’m here to help.

Your Advocate in Real Estate || Selling your home? I’ll handle the details, negotiate the best deal, and represent your interests every step of the way.

Listings That Deliver Results! || As an experienced listing agent, I know what it takes to sell homes quickly and at the best price. Trust me to deliver exceptional results.

Marketing That Sells! || Maximise your home’s visibility with cutting-edge marketing. From virtual tours to social media, I’ll ensure your property stands out!

Ready to Sell? List with Confidence! || Get top dollar for your property with my expert home listing strategies. Let’s turn “For Sale” into “Sold!

Your Home, My Priority! || Finding the perfect home is a journey. As your Residential Real Estate Specialist, I’m here to make it seamless and stress-free. Let’s find your dream home today!

Maximize Value with a Home Listing Expert || Get your home noticed and sold fast! Partner with an expert who creates compelling listings that attract buyers.

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