MH Mark Hearn Real Estate Trust Advisory (310) 245-7715 mhearn@hearnquality.com Real Estate Market Intelligence Week 2 of 4: National Trends + Local Color The Oil Shock Is Fading. The Housing Shortage Is Not. June 19, 2026  •  Los Angeles & Orange Counties National home sales rose 3.2% in May to the fastest pace of 2026, yet builders broke ground on the fewest homes since 2020 — into a country still short up to five million units. Oil has fallen 38% from its spring high, the 30-year mortgage eased to 6.47%, and the Fed held rates while flipping its forecast toward hikes. Demand is recovering. Supply is retreating. That gap is why Southern California prices refuse to fall. 30-Yr Fixed 6.47% −34 bps YoY LA County Median $845K −0.6% YoY OC Median $1.47M +3.7% YoY In This Week’s Newsletter •  Why national home sales hit a 2026 high while housing starts fell to a post-2020 low •  The housing shortage of one to five million units — and what California is doing about it •  A national-vs-local price table: why LA and OC medians run double the U.S. figure •  Why oil fell, rates eased to 6.47%, and the Fed still turned hawkish at Warsh’s first meeting Read the Full Newsletter Buying, selling, or settling an estate property this summer? Schedule a consultation to price your home to its correct tier and time the market with confidence. Schedule a Consultation Or call direct: (310) 245-7715 Facebook LinkedIn Mark Hearn — Real Estate Trust Advisory (310) 245-7715  ·  mhearn@hearnquality.com CA Certified Residential Appraiser #AR013140  ·  CA DRE Salesperson #00954362 Serving Los Angeles & Orange Counties  •  40 Years of California Real Estate © 2026 Mark Hearn Real Estate Trust Advisory. All rights reserved.