California's existing single-family home sales fell to 256,550 in January, down 10.8% from December and 1.3% from January 2025, marking the lowest level since May 2025. The median home price dropped 3.2% from December to $823,180, a 23-month low. Pending sales rose 34.6% month-to-month due to lower mortgage rates. Housing inventory increased, with the unsold inventory index at 4.4 months. The...
California's existing single-family home sales fell 10.8% from December to 256,550 in January, down 1.3% from the previous year, marking 40 months below 300,000 annualized sales. The median home price dropped 3.2% from December to $823,180, its lowest in 23 months, with a notable annual decline. Despite this, many counties saw year-over-year sales and price gains. Mortgage rates easing and improved...
California home sales fell 10.8% monthly to 256,550, while the median price dropped 3.2% to $823,180. Inventory rose to 4.4 months, marketing time increased to 39 days, signalling softer Real Estate conditions....
Sales quietly climbing — CA home sales forecast to rise ~2% in 2026. California home prices are rising modestly, not crashing — mild growth into 2026 expected. Correction signs exist, but supply shortages still keep deep price crashes unlikely. Inventory stabilizes and slightly rises, creating real choice for buyers....
Embarking on homeownership can be exciting yet daunting for first-time buyers. Key tips include assessing your financial situation, getting mortgage pre-approval, and finding a reputable real estate agent. Consider location, make informed offers, and get a home inspection. Explore various mortgage types and understand homeowner costs, including property taxes and insurance. Be prepared for closing costs...
Home values $916,964, expected growth 1.9% in 2026. Monthly mortgage payments $5,538, rising $49. Affordability slightly improves to 56.2% of median income. San Diego remains high-cost despite slight rate and payment improvements. Buyers need significant income to maintain financial comfort....
Over 4 billion people live in cities, expected to rise to nearly 70% by 2050, driving major real estate shifts globally. Urbanization fuels housing demand, asset optimization, and infrastructure needs. Cities investing in transit and mixed-use developments see property value growth. Strategic urban planning, like Dubai’s 2040 Master Plan, emphasizes accessibility, sustainability, and livability. Trends...
Comparing mortgage offers is key to saving money on interest and fees. Get preapproved before house hunting to know your budget and strengthen offers. A 20% down payment isn't always required; some loans need as little as 3%. Avoid emotional decisions, overbuying, and making big purchases before closing. Research loan options, maintain an emergency fund, and explore first-time buyer assistance...
Rental vacancy rates rose to 5.7% in 2024 after a construction surge but remain below the long-term average of 6.6%. Owner vacancy rates stayed under 1%, a record low. The U.S. faces a structural housing shortage, needing about 1.2 million additional units to reach equilibrium. Vacancy rates vary by region, with some resort areas showing higher rates and major California metros below 4%. The housing...
Slide 1 San Diego housing is finally waking up after years of quiet listings and wait. Slide 2 Coastal homeowners are listing again—inventory near six-year highs, boosting your buying choices. Slide 3 Purchase applications are rising, signaling buyers are re-entering cautiously but steadily. Slide 4 More moves happen for life changes, not...
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