Buyers who get in during their 30s build roughly $250,000 more in equity than those who wait until their 40s. Here's what the Burbank market looks like right now.

I hope you're having a fantastic start to springtime. I've got some great news to share with you today, and I think it's going to change how you think about timing in real estate.

Here's a stat that really stood out to me: if you buy a home in your 30s instead of waiting until your 40s, you could build roughly $250,000 more in equity over time. That's a number worth paying attention to. And it ties into something I talk about with clients all the time. The sooner you get in, the more equity you'll have down the road.

A lot of buyers are sitting on the sidelines right now, waiting for the "perfect" time. Lower rates. Lower prices. Less competition. But while you're waiting, time is still moving, and in real estate, time is one of the biggest factors in building wealth. Every year you're in the market is a year your equity is growing.

And the barrier to getting in may be lower than you think. There are a lot of programs out there right now that can help. Some assist with closing costs, others help buy down your interest rate to make your monthly payment more affordable. For a lot of buyers, the path to homeownership is more accessible than they realize. They just haven't explored what's available yet.

“But the reality is, while you’re waiting, time is still moving forward. And in real estate, time is one of the biggest drivers of equity.”

Here's what the Burbank, Glendale, and North Hollywood market looks like right now. I pulled the numbers comparing March 2025 to March 2026, and here's where we are.

Total sales went from 143 last year to 140 this year, a slight dip of about 2%. The average sales price came down from $1,200,000 to $1,157,000, down roughly 3%. And interest rates dropped from 6.6% to about 6.35%, also down around 3%.

So prices have come down a bit. Rates have improved. And there's more inventory on the market than we've had recently. That combination creates a real window of opportunity for buyers who are ready to move

If you've been thinking about buying and you want to talk through your options, I'd love to set up a strategy call with you. We can look at what programs you might qualify for, what the market looks like in your price range, and map out a plan that makes sense for your situation.

Call me at 818-953-5300, email me at brad@bradkorb.com, or visit bradkorb.com. It would be my pleasure to help you get started. The sooner you get in, the more equity you'll have down the road, and that's great news for your future.

If you have any questions about staging your home or the buyer programs out there, give me a call at 818-953-5300 or email brad@bradkorb.com. I’m always happy to connect and help.