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2025

San Diego-Chula Vista Carlsbad Home Prices Down 2.0% Year Over Y

San Diego-Chula Vista-Carlsbad home prices fell 2.0% year-over-year in May 2025, with a 0.4% monthly decline. National house price growth slowed to 2.1%, the lowest since 2012, due to rising mortgage rates. Despite slower price growth, higher household incomes have helped maintain affordability. Some markets like Cambridge and Pittsburgh saw strong price increases, while others experienced flat or...

California: States With High Housing Costs in 2025

In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In California, rising property values have pushed housing costs to 46% of avg household income. Both homeowners and renters are...

What’s the Wait Time for First-Time Buyers in California?

A new study has ranked U.S. states based on the difficulty first-time homebuyers face when trying to enter the housing market. Massachusetts ranks #7 overall (tied), making it one of the seventh hardest states for first-time buyers to afford a home. The median home value in Massachusetts is $535K, with a typical down payment of $77K (14.4% of the home price)....

County’s Innovative Housing Trust Fund Receives Unspent Grant Money

The County Board of Supervisors reallocated $2 million from the Capital Emergency Solutions Grant Program to the Innovative Housing Trust Fund (IHTF) and Landlord Incentive Program after a project was abandoned. The IHTF, established in 2017, has invested $112 million in affordable housing, supporting 36 projects with 3,054 units. The Landlord Incentive Program aids families and veterans experiencing...

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