In this episode, C.A.R. Senior Vice President Sanjay Wagle sits down with Vice President and Chief Economist Jordan Levine to discuss California’s 2025 housing forecast. They explore what’s ahead for buyers, sellers, and the broader market—and why housing remains central to both personal financial growth and the state’s economic outlook. The conversation covers the impact of shifting inventory levels on sales activity, the challenges of a persistently undersupplied market, and why trying to “time the market” may not pay off. With thoughtful analysis and practical takeaways, this episode offers a clear-eyed look at what to expect in the months ahead. “California’s chronically undersupplied, meaning that outside of wild cards and curve balls in the economy, prices have only ever gone one way over the long term. You can always take advantage of lower rates if they go down in the future, but you can never jump in the time machine and go back and pay the cheaper price.” – Jordan Levine, C.A.R.’s Vice President and Chief Economist.