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Welcome to Living in Los Angeles South Bay! If you find this video helpful, please support the channel by sharing it on social media. Your support helps us reach more people and provide valuable insights to the community! In this video, we explore why the mortgage "lock-in effect" is finally starting to ease and why more homeowners are choosing to move despite higher interest rates. While a 3% rate was a financial win, a home that no longer fits your life can be a silent burden. We dive into the latest data from the FHFA and Redfin showing a 10-year high in 6% mortgage shares, signaling a shift in the "new normal." Whether you are influenced by the "5 Ds"—Degrees, Diapers, Divorce, Downsizing, or Death—life doesn't pause for the perfect market. Discover why 2 in 3 sellers have been waiting too long and why 2026 might be the year to prioritize your family's needs over a low interest rate. 🏡 Serving all around the South Bay Los Angeles (City of Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Inglewood, Lawndale, Lomita, Los Angeles (Harbor City, Harbor Gateway, San Pedro and Wilmington), Manhattan Beach, Palos Verdes Estates, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, Torrance ▶ Free Real Estate Consultation with Frank: https://calendar.app.google/6dtMPvHm1... ▶ Subscribe 👉 / @frank_kenny Produced by Frank Kenny | Los Angeles - South Bay Real Estate Agent | California Real Estate License: 01250123 | Filmed/Edited by Lance Barca | Los Angeles - South Bay Real Estate Agent | California Real Estate License: 02223756 | FOLLOW US! Instagram: / frank.kenny Instagram: / lancebarca Facebook: / frankkennyrealestate Website: https://www.frankkenny.com/ Need a mentor? Join eXp Realty now! Get your first real estate transaction this year! https://calendar.app.google/6dtMPvHm1... GEAR WE USE FOR FILMING 🎥 Main Camera | Canon EOS R6 - https://amzn.to/40o0ANl Camera Lens | Canon EF 24-70MM - https://amzn.to/3W5DjgP Microphone | RØDE Wireless Go II - https://amzn.to/3Wawuux Lights | Neewer LED Lights - https://amzn.to/3PqReKI Music & Sound Effects by Epidemic Sound - https://share.epidemicsound.com/8xk41q Brokered by eXp Realty of Greater Los Angeles. DISCLAIMER All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording**