SAN DIEGO (FOX 5/KUSI) — The housing market in San Diego just became more expensive, according to recent data. Data from CoreLogic released Tuesday showed all of the 20 major metropolitan markets in the U.S. showed increases in annual prices, with San Diego, Los Angeles, Washington, D.C. and New York reporting all-time highs. San Diego’s […]
SAN DIEGO (FOX 5/KUSI) — Although the spring homebuying season got off to a slow start, prices remain high in many places across California — San Diego included. In fact, a recent analysis has ranked it one of the 10 “most overpriced” housing markets in the state for 2024. Personal finance company Go Banking Rates […]
SAN DIEGO (FOX 5/KUSI) — Although the spring homebuying season got off to a slow start, prices remain high in many places across California — San Diego included. In fact, a recent analysis has ranked it one of the 10 “most overpriced” housing markets in the state for 2024. Personal finance company Go Banking Rates […]
SAN DIEGO — As housing insurance companies continue leaving California, it’s having an impact on the San Diego real estate market. “Every single morning when I wake up, I fear that there’s going to be an email in my inbox that a certain insurance company is no longer going to be writing new business in California,” […]
Despite a nationwide pattern of persistently high mortgage rates and elevated home prices creating affordability hurdles for buyers, San Diego’s real estate market is riding high. According to February data from Redfin, median sale prices are up 10 percent, the volume of homes sold is up 11.7 percent and homes are going into contract two […]
In 2023, however, while sale-to-list price ratios and price per square foot have corrected nationally in recent years – with price per square foot even reaching prepandemic levels – those metrics remain elevated in California and San Diego. It is not difficult to sleuth out the reason that San Diego’s low days-on-market and high price-per-square-foot […]
CBS 8 is Working for You to look at the state of the foreclosure market in San Diego County. SAN DIEGO — Recent headlines have talked about the amount of foreclosures in California jumping 50-70% higher than pandemic-era lows. CBS 8’s Heather Myers looked at the foreclosure market in San Diego County and had an […]
Let me make one prediction about California’s housing market in 2024. The number of purchases will increase. Could sales go any lower after crashing into history’s basement this year? My trusty spreadsheet reviewed various homebuying metrics that the California Association of Realtors has published dating to 1990. We tossed in some broader economic yardsticks kept […]
The challenges faced by the San Diego housing market in November underscore the impact of borrowing costs on home sales. San Diego, with its mixed trends, presents opportunities for both buyers and sellers. Let us discuss the market trends in detail. According to the latest report from the California Association of Realtors (C.A.R.), as of […]
San Diego is predicted to be the fourth-strongest U.S. real estate market in 2024. According to a recent Realtor.com forecast, the sunny Southern California city is set to experience an 11.0% uptick in home sales and a 5.4% rise in median sales prices next year. This report outlines a broader housing market recovery where some […]
Will California housing’s future be a crash, correction, cooling – or a climb? Some folks are antsy about potential price tumbles. One poll found nearly half of Americans fear a housing crash in 2024. So my trusty spreadsheet looked at California home price history back to 1975 to see what might power the next move. […]
San Diego could be a top real estate market in 2024 if mortgage rates drop and sales pick up, a new forecast says. America’s Finest City was singled out as a potential area for increased sales activities and price growth at digital summit Tuesday hosted by the National Association of Realtors. Not everyone agreed Southern […]
A rental sign outside a North Park apartment complex. Staff photo Everyone agrees California is in the midst of an existential housing crisis. Whether it is sprawling homeless encampments, an exodus of people moving to other states, or millions being rent-burdened, the magnitude of the problem is inescapable. The California dream has been replaced by an unprecedented nightmare. Democrats […]
In the minds of most Californians, accessory dwelling units (ADUs) bring to mind words like “small,” “subtle” and “cute.” None of which describe the side-by-side ADU duplexes on E Street. Perched at the edge of San Diego’s desirable Golden Hill neighborhood, there’s nothing dainty or diminutive about these three-story structures. “Backyard cottage” is another term […]
By Phillip Molnar | San Diego Union-Tribune San Diego home prices are, once again, rising at one of the fastest rates in the nation. The metropolitan area’s annual home price increased 6.5% in September, according to the S&P Case-Shiller Indices report released Tuesday. It was the second-highest in the 20-city index behind Detroit and San […]
In the minds of most Californians, accessory dwelling units — ADUs, short — bring to mind words like “small,” “subtle” and “cute.” None of which describe the side-by-side ADU duplexes on E Street. Perched at the edge of San Diego’s desirable Golden Hill neighborhood, there’s nothing dainty or diminutive about these three-story structures. “Backyard cottage” […]
In the minds of most Californians, accessory dwelling units — ADUs, short — bring to mind words like “small,” “subtle” and “cute.” None of which describe the side-by-side ADU duplexes on E Street. Perched at the edge of San Diego’s desirable Golden Hill neighborhood, there’s nothing dainty or diminutive about these three-story structures. “Backyard cottage” […]
