Slide 1: Home builders are designing new homes to balance affordability and modern buyer needs. Slide 2: Newly built homes are often priced at or below existing homes. Slide 3: Since 2022, median new-home prices dropped about 5%, narrowing the gap with older homes. Slide 4: Many builders offer incentives or price cuts to attract buyers. Slide...
San Diego pending home sales jumped 13.5% year-over-year, signaling one of the nation’s fastest market rebounds. Strong demand suggests continued momentum, though rate swings could reshape the spring housing outlook....
Weekly pending home sales show positive yearly growth but slowed recently, with last week at 70,209 compared to 69,183 the previous year. Mortgage purchase applications grew year-over-year but slowed from 12% to 5%. Mortgage rates ended the week at 6.64%, influenced by geopolitical tensions raising the 10-year yield near forecast peaks. Housing inventory is rising seasonally but at a slower rate than...
The 2026 U.S. housing market is shifting to a cautious recovery with modest price gains, increased inventory, and more balanced buyer-seller conditions. Mortgage rates around 5-6% create a new normal, reducing speculative buying. Homeowners face choices: sell in a slower market, hold with low-rate mortgages, or renovate amid high construction costs. Regional trends and personal needs are key in deciding...
Homebuyers are using strategies like adjustable-rate mortgages (ARMs), rate buydowns, and low or no down payment options to afford homes amid high prices and rising mortgage rates. New government insurance rules and family financial help also aid affordability. Multi-generational and alternative housing options, negotiating prices, improving credit scores, and maintaining realistic mortgage rate...
San Diego offers a booming economy, beaches, and year-round perfect weather. Its tech, biotech, and defense sectors provide high-paying, stable job opportunities. Residents enjoy world-class universities, cultural attractions, and diverse neighborhoods. Retirees benefit from the relaxed coastal lifestyle, healthcare access, and active community. Demand remains...
Spring and summer bring more homebuying options but also increased competition. To improve your chances in a hot market, have mortgage preapproval ready and work with a knowledgeable agent. Understand the market, property, and seller priorities to tailor your offer. Sweeten your bid by increasing earnest money deposits, adding escalation clauses, or offering concessions like paying certain fees or buying...
U.S. home prices rose just 0.1% month-over-month and 1.9% year-over-year in February, reflecting a cooling market with more sellers than buyers. Buyers had negotiating power, often securing discounts amid limited competition. Mortgage rates hovered around 6%, affecting affordability. Price changes varied locally, with declines in some metros and gains in others. The market favors informed buyers and...
Home sales in Southern California and statewide rose in February due to slightly better mortgage rates, with California's existing single-family home sales up 7% from January but down 0.3% from last year. Median home prices increased 0.9% statewide to $830,370. Prices varied by region, with some areas seeing declines. Mortgage rates recently hit a seven-month high, potentially affecting buyer...
Slide 1 April 12–18 is the best week to sell a home. Slide 2 Sellers may earn $26,000 more than at year’s start. Slide 3 Homes sell faster with fewer price cuts during this window. Slide 4 Tech and coastal markets should list earlier in March. Slide 5 Midwest and Northeast markets align with the mid-April peak....
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