The San Diego housing market is experiencing significant growth, with average home values currently at $1,028,191, a 10.3% increase over the past year. Homes are selling quickly, averaging just 13 days on the market. While a slight decline in prices is expected by the end of 2024, a rebound of about 0.6% is forecasted for July 2025. Key drivers include a thriving economy, job growth, and low housing...
A report by Zumper indicates that rental prices in San Diego are declining, with the city ranking 9th nationwide for the highest rents. Encinitas has the highest average rent at $2,680 for a one-bedroom, while El Cajon has the lowest at $1,780. Factors contributing to the decline include an influx of over 4,000 new apartments and a population decrease, which has reduced rental demand. Experts suggest...
Selling a home in California typically costs 9.81% of the sale price, including REALTOR® fees, closing costs, and staging.The avg REALTOR® commission in California is 5.11% of the home’s sale price, with a potential seller concession to help cover buyer’s agent costs....
The median monthly mortgage in California is $2,673, reflecting the state's high cost of living.Four of the top five U.S. counties with the highest median home prices are in California....
A new study by RentCafe reveals that 95% of apartments in the San Diego market are occupied, resulting in intense competition among prospective renters. Continue to full article...
Autumn sees determined sellers open to negotiations, accepting lower prices in September through November. In winter, housing prices drop and reduced competition helps you find negotiable deals on your dream home....
California home sales rose 3.6% in Early-Q3, reaching a five-month high due to lower interest rates. The statewide median home price in Early-Q3 was ~$887K, a 6.5% increase from Early-Q3 2023....
Home sales in California rebounded in July, reaching a five-month high due to lower interest rates. Median home prices in California dipped 1.6% in July but remained 6.5% higher than last year....
Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation....
San Diego County will see 3,226 new rental units by year-end, contributing to a nationwide record of over 518,000 new rentals. While construction surged due to low costs, future growth may slow due to rising expenses and interest rates....
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