Home values rise 1.2% through October 2026, supported by consistent demand and limited supply. High costs restrict first-time buyer entry despite gradual growth. Transactions grow modestly as buyers navigate competitive pricing. Limited inventory maintains strong competition and steady market dynamics....
Southern California faces continued rent increases due to a persistent housing shortage, with vacancy rates around 5% in Los Angeles County. Rent rose 0.5% this year, averaging $2,336, and is expected to increase 0.64% annually over the next two years. The report highlights the need for more housing production, citing factors like federal debt, market risks, and slower building compared to states like...
Southern California faces ongoing rent increases due to a persistent housing shortage, with vacancy rates around 5% in Los Angeles County and 4% in Orange County. Average rents are expected to rise modestly over the next two years, reaching $2,350 in LA and $2,859 in Orange County by 2027. Limited housing production, influenced by economic factors and regulatory challenges, exacerbates affordability...
In Q3 2025, home prices rose in 77% of U.S. metro markets, with the national median price at $426,800. The West had the highest median price at $633,900 but saw a slight annual decrease. The Northeast led in price growth at 6%, while the Midwest and South saw moderate increases. First-time buyers faced typical mortgage payments of $2,146, representing 37.4% of income. Price declines mainly occurred in...
Emerging US markets show high growth potential with increasing populations and expanding infrastructure in 2025. Remote work drives migration to suburbs, boosting housing demand and prices outside major metropolitan centers. Smart homes, VR tours, and eco-friendly developments enhance property value and attract modern buyers. Millennials seek tech-savvy,...
Mortgage rates are expected to gradually decline from ~6.22% to the 5.9%–6.2% range by November 2026 as inflation cools and Fed cuts accumulate. Through early 2026, rates will likely hover in the mid-6% range, with only small dips unless inflation surprises or global events disrupt markets. Major forecasters (Fannie Mae, MBA, NAR, NAHB) agree on moderation,...
Buying a home for the first time can be daunting, but preparation is essential. Key tips include saving for a down payment, completing a homebuyer education course, assessing financial health, and considering all costs beyond the purchase price. Understanding credit scores, exploring first-time homebuyer programs, and knowing mortgage options are crucial. Getting pre-approved for a mortgage, working with...
Slide 1: San Diego housing stays hot in 2026 despite slight cooling; demand remains strong overall. Slide 2: Experts forecast home values dipping modestly: -1.5% yearly by 2026....
In San Diego County, closed escrow sales of existing single-family homes rose 2.9% in October from September and 6.1% year-over-year. Statewide sales increased 1.9% monthly and 4.1% annually. The median home price in San Diego was $985,000, down 0.5% from September and 2.5% from last year. Statewide, the average price was $886,960, slightly up from September but down 0.2% year-over-year. Continue to...
In 2025, eco-friendly and efficiency-boosting home features dominate trends, with WaterSense fixtures rising 289.6%. Net-zero ready homes and EV charging gain popularity, reflecting a shift toward renewable energy. Biophilic designs that blend indoor and outdoor spaces increased 163%. Smart home features also grow, while formal dining rooms and luxury Old-World European styles decline. Luxury trends...
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