• January 2023 Update on San Diego Real Estate Trends in Mid-Winter • Resale home transactions in San Diego saw another drop in January, and although that’s not uncommon for the first month of the year.
• Are We Doomed to High Interest Forever? • When the pandemic started, interest rates were lowered to nearly zero, which lowered mortgage rates for homebuyers to a low of 2.65% on a 30-year fixed rate mortgage—a record low.
• December 2022 Update on San Diego Real Estate Trends in Early Winter • San Diego home sales hit a low point in December, closing out a turbulent year for the housing marketing, with inflation, interest rates, and affordability taking their toll.
• November 2022 Update on San Diego Real Estate Trends in Late Fall • The median home price in San Diego reflects that properties are holding their value, despite a drop in the number of homes sold in November compared to a year ago, according to the Greater San Diego Association of REALTORS® (SDAR).
• October 2022 Update on San Diego Real Estate Trends in Mid-Fall • While home prices in San Diego County are maintaining most of their value, the number of sales are falling significantly, according to the Greater San Diego Association of REALTORS®.
• September 2022 Update on San Diego Real Estate Trends in Early Fall • Sales of previously owned homes pulled back in September compared to the previous month, according to housing statistics compiled from the San Diego Multiple Listing Service by the Greater San Diego Association of REALTORS® (SDAR).
• August 2022 Update on San Diego Real Estate Trends in Late Summer • Prices of single-family homes in San Diego County experienced a month-to-month drop of 5 percent in August, to $910,000 (down from its high mark of $1 million in April), but overall resale home sales increased in the late summer heat, according […]
• July 2022 Update on San Diego Real Estate Trends in Mid-Summer • Despite a significant cooling from the extreme heat of early spring, San Diego home prices remain elevated above last year’s levels. According to C.A.R.’s latest report, June’s citywide median home price was $863,790.
• Buyer Competition Drops to Lowest Level in Two Years • According to the Consumer Price Index, inflation is the highest it’s been in 40 years, and no doubt it has adversely impacted your budget. But how is it affecting the home you want to buy?
• June 2022 Update on San Diego Real Estate Trends in Early Summer • As higher mortgage rates collide with record home prices, the housing market shows definite signs of a shift, leaving many would-be buyers with more affordability challenges and less purchase power than just a few months back.