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

As someone who’s worked with buyers and sellers along the Orange County coast for over three decades, I see firsthand how challenging it can be for first-time homebuyers in California—especially those aged 25 to 34. With homeownership rates dropping to 54.3%, rising mortgage rates, high student debt, and expensive properties are real hurdles for this group. Many are finding they need to wait until their 30s or even 40s before finally getting the keys to their own home, largely due to employment realities and local zoning restrictions. The data suggests we’ll see the greatest growth in homeownership for this group after 2030. For those navigating this landscape, having coordinated real estate and mortgage guidance is more important than ever. My goal is always to help clients make informed decisions, whether they’re buying, selling, or investing.