San Diego home values are predicted to decline about 0.9% through May 2026. Mortgage rates expected to drop in 2026, potentially boosting buyer demand and home prices. The market will likely see a slight dip in 2025 before modest growth in 2026. Limited housing inventory will keep competition high despite short-term price...
California's housing market rebounded in June with a 4% sales increase from May, though median prices dipped slightly to $899,560. Sales remain just above last year's levels, with pending sales down for seven months and rising mortgage rates a concern. Regional disparities persist, especially in wildfire-affected areas like Altadena and Pacific Palisades, where sales and prices have sharply...
In 2025, buying a home remains out of reach for many Americans as housing prices continue to rise. A recent report shows that in 35 out of 50 states, a 6-figure income is now required to afford a median-priced 3-bed home. In very high-cost states like California, buyers need a household income of $210K to purchase a 3-bed property. This reflects the growing...
California home sales are forecast to ↑ 10.5% in 2025, reaching 304K single-family units. The median home price is projected to ↑ 4.6% to $909K by the end of 2025....
California has introduced CEQA exemptions and reforms to speed up housing and infrastructure projects, including streamlined processes for urban infill, affordable housing, rezoning, and various public works. New guidelines and mapping for infill sites are mandated, and some agency communications are now exempt from CEQA records. Continue to full...
California homeowners can now deduct up to $40,000 in state and local taxes (SALT) for incomes under $500,000, a significant increase from the previous $10,000 cap. This temporary change, effective from 2025 to 2029, offers major relief for middle-income families, especially in high-tax cities like San Jose and San Francisco. The cap will rise 1% annually before reverting in 2030, benefiting both...
San Diego home prices may drop 0.7% by April 2026 amid cooling demand. After years of soaring prices, this is a market correction—not a crash, but normalization...
California home prices and sales are projected to rise steadily through 2025, driven by demand. Limited inventory and high mortgage rates create affordability challenges despite improving market conditions....
California’s home sales dropped below Great Recession levels, marking a prolonged slowdown since mid-2023. Experts predict flat or falling prices by year-end unless inventory grows far beyond current levels...
First American Data & Analytics reports a continued national home price slowdown with seven months of annual deceleration, signaling a shift toward a buyer's market. Inventory growth and affordability constraints are driving price cuts, especially in the starter home tier, which saw declines in 14 of the top 30 markets. This cooling may help first-time buyers, particularly in expensive and...
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