Step-by-Step Guide to Selling Your House in San Diego, CA Continue to full article...
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Steve@SteveBeaupre.com
December 2023
The San Diego City Council Tuesday approved a sweeping Housing Action Plan intended to expedite new units constructed across the city to help seniors, students and middle-income families. Continue to full article...
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San Diego is falling short of its housing production goals, particularly for low- and moderate-income housing. The city needs to triple its housing production to meet its state-mandated goal of 108,000 new units by 2029. The report also highlights concerns about housing concentration in certain neighborhoods and the declining effectiveness of existing incentives. The number of approved housing units has...
California's median home value at $538,500 offers affordability. In California, closing costs avg $8,028. California's closing costs represent 1.49% of the home's value, among the highest in the nation....
Median price of single-family homes: $840K Price change: ↓ 0.4% MoM, and ↑ 5.3% yearly Sales change: ↑ 0.3% MoM, and ↓ 11.9% yearly...
Why San Diego life is worth the taxes – at least for many Continue to full article...
California's buyer’s market faces dwindling home supply, moving toward a negative loopReal Estate's rule of thumb: 6-mo's supply favors buyers, 3-mo’s, sellersLate-Q3 saw a seller’s market with a mere 2.8-mo of housing inventory....
San Diego will provide $15.4 million in gap financing to support five low-income housing projects, including 96 units for formerly homeless individuals. This funding is part of the Bridge to Home program initiated by Mayor Todd Gloria. The money comes from federal funds, sales proceeds, and state housing allocation funds. The previous two waves of funding supported 937 apartments, including 272 for...
"With our innovative Bridge to Home program, the city is investing directly in affordable housing projects to address homelessness and provide homes that low-income individuals, families and seniors can afford," Gloria said. Five affordable housing projects in San Diego recommended for funding: CRP Affordable Housing and Community Development proposes 97 affordable homes for families plus one...