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

California’s homeownership rate has dipped to 54.3%, and it’s easy to see why so many first-time buyers aged 25-34 are feeling squeezed. Student debt, rising mortgage rates, and ever-increasing home prices are major hurdles. On top of that, employment challenges and restrictive zoning often mean waiting until ages 30-45 before finally stepping into ownership. As someone who takes an innovative approach to every property I represent, I’m always looking for creative ways to help buyers navigate these obstacles. While growth in homeownership is expected after 2030, I believe that thinking outside the box and going above and beyond for clients can make a difference—even in a tough market.