fbpx

Call/Text Steve
(619) 269-5030

November 2023

More Than Half of San Diego Households Must Spend 30% of Income to Make Rent

In October 2023, the US Census Bureau reported that 21.8 million households are cost-burdened, meaning they spend more than 30% of their income on rent. The San Diego metro area had the highest percentage of cost-burdened households at 58%, with 30% of households severely cost-burdened. This is the highest level since 2012, due to rising rents outpacing income growth. Continue to full article...

California Builders Want to See Buyers’ Wish Lists

New home builders in California aim to incorporate desirable features and amenities into their properties. Buyers are encouraged to share their preferences and ideas with builders, even if they seem unconventional. Discussing floor plans and flexibility is essential, considering how your needs may evolve over the next decade....

San Diego among top 20 worst cities for renters in 2023: study

Forbes Advisor recently conducted a report analyzing 96 big U.S. cities and found that San Diego was the No. 14 worst city for renters. The average rent price for a one-bedroom apartment in San Diego is $2,012.00, with 52.78% of households spending 30% or more of their income on rent. San Diego placed third-highest in rental prices for one-bedroom apartments and ninth-highest for two-bedroom apartments....

Report: San Diego is the nation’s most expensive city to live in

San Diego has recently been ranked the most expensive city to live in the United States by U.S. News and World Report. The report examined metrics such as median gross rent, annual housing costs, inflation rate, cost of gas, and other costs associated with living in the city. Seven of the top ten cities in the report are located in California. The report found that living in San Diego is not...

Report shows San Diego rents dropping, tenants disagree

According to Realtor.com's report, rental prices for homes with up to two bedrooms in San Diego County have decreased by 2% from October 2022. Despite this, many renters have experienced rent increases of 5-9%, and due to high housing prices and rising interest rates, many San Diegans are unable to buy a home. Meanwhile, new apartment complexes are being built in hopes of lowering demand and...

Compare listings

Compare