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Choice of America Morning Edition

Southern California housing desk — November 10, 2026

Tuesday, November 10, 2026, Laguna Beach, Calif.

By Dr. Hamid Rowshan, Choice of America

National desk

Freddie Mac's Primary Mortgage Market Survey put the average 30-year fixed mortgage rate at 7.18% for the week of November 5, 2026. A year earlier, on November 6, 2025, the same series stood at 6.22%. The reading comes from the FRED MORTGAGE30US series that feeds Choice of America's market charts. That national rate still sets the payment math Southern California buyers run before they write an offer, even when local list prices and inventory move on their own schedule.

This edition does not repeat older September trade-press sales summaries. When a current official National Association of Realtors or California Association of Realtors release is available to the desk, it will be cited here with a dated link; until then, the mortgage series and the October county listing file are the verified beats.

Southern California desk

Realtor.com's October 2026 county inventory file (month code 202610) is the latest complete county snapshot in the Choice of America market file. Price-cut shares below are Realtor.com's own price_reduced_share, not price-reduced counts divided by active listings.

County Median list Active New DOM Price-cut share
Orange$1,260,0004,6921,9445619.39%
Los Angeles$949,99915,5585,4445716.91%
Riverside$625,0007,5572,8205816.93%
San Bernardino$525,0006,1931,8606718.66%
San Diego$889,0005,7352,1404820.51%

Orange County's October median list price was $1,260,000 with 4,692 actives and a 19.39% price-cut share. Los Angeles County held $949,999 with the deepest active inventory in the five-county set (15,558). Riverside County printed $625,000; San Bernardino County $525,000; San Diego County $889,000, the fastest median days-on-market reading of the five at 48 days.

October payment versus typical rent (labeled 7.24%)

The payment-versus-rent series in the same market file uses each month's Freddie Mac average. For October 2026 that rate_used value is 7.24% — not today's 7.18% week. Figures are principal and interest only on the county median with 20% down; taxes, insurance, HOA and Mello-Roos are excluded. Rent is Zillow ZORI (smoothed).

County P&I @ 7.24% Typical rent Rate used
Orange$6,870$3,2517.24%
Los Angeles$5,179$2,8067.24%
Riverside$3,407$2,5857.24%
San Bernardino$2,862$2,4797.24%
San Diego$4,847$2,9677.24%

Local desk and charts

Interactive charts on Choice of America remain county-level even when they appear on a city page. Use the Market Data board and the county hubs for the October series above; use the city pages for local strategy next to those same county charts.

County hubs

Open the Market Data charts · All Market Briefs

City pages with graphs

Recent Choice of America market briefs

Talk to the desk

Broker Hamid Rowshan · DRE #02004794 · Company DRE #02240008 · choiceofamerica.com

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This Morning Edition is general market information from Choice of America, not legal, tax or lending advice. Figures are labeled to their source months and series. Confirm any number against the cited primary release before you rely on it for an offer, listing price or loan decision.

Sources: