Condo owners in California are reducing asking prices by up to 40 % on Zillow listings. Out of 8,476 condos listed on Zillow in California, 1,973 have had their initial prices reduced....
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Steve@SteveBeaupre.com
July 2024
You can skip the wait time required to save for a down payment and become a homeowner sooner. You'll face higher monthly payments and interest rates due to the lack of a down payment....
CA home prices are projected to ↑4.6% by Early-Q2 2025, above the national forecast of 3.4%. In the past 12 mo, CA saw ↑7% in price, higher than the national avg of 5.3%....
Good news for renters in California: Rents are decreasing in 7 out of 11 major cities yearly, even as national rents rise.Big drops in key markets: Oakland and Sacramento saw the most significant declines, with rents falling over 8%....
The CA housing market shows medium to long-term optimism. Population growth and a strong desire among renters to buy homes are boosting housing demand....
San Diego County's 2024 gross assessed value roll hit a record $768 billion, a 5.58% increase from last year, adding $40.6 billion to taxable property value and saving residents over $300 million in property taxes. The surge is expected to raise property tax revenues by $7.38 billion, benefiting local services. San Marcos saw the highest growth in assessed value at 7.46%, while El Cajon had the...
Moving to San Diego offers a chance to enjoy beautiful beaches, a mild climate, and a vibrant culture. The real estate market is competitive with a median home price of $925,000, driven by factors like limited inventory and strong economic fundamentals. Popular neighborhoods include La Jolla for luxury living, North Park for arts and dining, and coastal areas like Pacific Beach and Point Loma. Urban...
The Foreclosure Intervention Housing Preservation Program aimed to preserve affordable housing in California. Governor Newsom froze the program due to budget deficits, proposing to cut it in half later....
1. Lassen County Median sold price of existing single-family homes: $205K 2. Trinity County Median sold price of existing single-family homes: $212K...
Mortgage rate increases in Southern California have slowed home sales, impacting the market dynamics. Despite a slight monthly decrease, San Diego County's median home price remains high at $1.02M....
