San Diego

San Diego home prices join Orange County’s million-dollar milestone – OCRegister

San Diego home prices have hit a new, possibly inevitable, landmark. The median price of a resale single-family home reached $1,001,500 in May, CoreLogic revealed this week, up from a revised $985,000 the previous month. It is a record high for San Diego County, joining only one other Southern California market, Orange County, in having prices top the $1 million mark. San Diego County’s overall median, which includes newly built homes, resale homes and condos, also reached a new high in May of $898,000, up 10.9 percent in a year.…

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San Diego

San Diego home prices join Orange County’s million-dollar milestone – OCRegister

San Diego home prices have hit a new, possibly inevitable, landmark. The median price of a resale single-family home reached $1,001,500 in May, CoreLogic revealed this week, up from a revised $985,000 the previous month. It is a record high for San Diego County, joining only one other Southern California market, Orange County, in having prices top the $1 million mark. San Diego County’s overall median, which includes newly built homes, resale homes and condos, also reached a new high in May of $898,000, up 10.9 percent in a year.…

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California San Diego

San Diego Housing Market: Real Estate Trends in 2024 – Norada Real Estate Investments

The San Diego housing market shimmers with the same star power as its beaches. A booming tech sector, stunning scenery, and a vibrant lifestyle fuel demand and push prices higher than the national average. This haven for retirees and young professionals alike presents a competitive landscape for buyers. While the sunshine may be plentiful, affordability can be a challenge. Before diving into this market, understanding its unique characteristics and current trends is crucial for making informed investment decisions. This article will equip you with the knowledge you need to navigate…

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San Diego

These San Diego-area cities are among ‘hottest housing markets’ in US, according to Realtor.com – FOX 5 San Diego

SAN DIEGO (FOX 5/KUSI) — Some California towns are experiencing fast moving supply and rising demand when it comes to the housing market, according to a popular real estate site. In fact, 19 Golden State towns made Realtor.com’s list for “hottest real estate markets” in 2024. The rankings are based on “proprietary insights on buyer activity and the most comprehensive data on active inventory,” the site explained. The analysis also “breaks down demand and supply dynamics to rank metro areas, counties and zip codes relative to the rest of the…

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California San Diego

California housing market predictions: where to buy a home in Golden State – FOX 5 San Diego

SAN DIEGO (FOX 5/KUSI) — Some California towns are experiencing fast moving supply and rising demand when it comes to the housing market, according to a popular real estate site. In fact, 19 Golden State towns made Realtor.com’s list for “hottest real estate markets” in 2024, including two areas in San Diego County. The rankings are based on “proprietary insights on buyer activity and the most comprehensive data on active inventory,” the site explained. The analysis also “breaks down demand and supply dynamics to rank metro areas, counties and zip…

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California San Diego

Are San Diego or Inland Empire the riskiest housing markets in Southern California? – The San Diego Union-Tribune

Southern California home prices may seem insanely high, but two yardsticks of their underlying values suggest they’re not as crazy as elsewhere in the nation. Let’s be clear. These measurements don’t say local homes are affordable. Nor does this math conclude what buyers are paying is normal. Rather, these studies show the overvaluation of Southern California homes compared with historical patterns is not massive on a national scale. The first study is from Fitch Ratings, a Wall Street credit-quality tracking company. It compared pricing patterns in 50 U.S. metropolitan areas…

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California San Diego

Are San Diego or Inland Empire the riskiest housing markets in Southern California? – OCRegister

Southern California home prices may seem insanely high, but two yardsticks of their underlying values suggest they’re not as crazy as elsewhere in the nation. Let’s be clear. These measurements don’t say local homes are affordable. Nor does this math conclude what buyers are paying is normal. Rather, these studies show the overvaluation of Southern California homes compared with historical patterns is not massive on a national scale. The first study is from Fitch Ratings, a Wall Street credit-quality tracking company. It compared pricing patterns in 50 US metropolitan areas…

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