In August, San Diego's median home price dropped to $899,000 with a 0.9% decrease in price per square foot, less than the national 1.2% decline. Listings fell 2.1% from July but were 40.7% higher than last year. Homes took 42 days to sell, slower than last year but faster than the national average of 60 days. Inventory trends differ from the national market, where active listings slightly...
15% of CA households could afford a $905,680 median home in Q2. Affordability ↓ from 17% in Q1, but ↑ from 14% in Q2 2024. Minimum income for median home: $232,400; monthly payment: $5,810 at 6.90% interest....
Carlsbad is among California’s wealthiest cities, with a median household income of $113K. La Costa Ridge is the city’s most exclusive gated community. Its coastal location enhances desirability and property values. Carlsbad is ranked among the top 20 richest cities in the US and 5th in California. The city attracts high-income professionals seeking...
California ends strict CEQA reviews for infill housing under 20 acres, excluding hazard zones. San Diego's North County cities may see faster housing due to CEQA exemptions....
Homebuying can be complex, but preparation can ease the process. Start by checking your credit score and organizing necessary documents. Create a realistic budget that includes down payments, closing costs, and ongoing expenses. If your budget is tight, explore state and federal mortgage assistance programs, including options for veterans and those with lower credit scores. Ensure a strong relationship...
Home prices are projected to rise 4% in 2027, reaching 10.8% cumulative growth since 2024. Experts forecast continued moderate gains in 2027, following slower increases in 2025 and 2026....
Impact-resistant shingles and metal roofs extend roof life while safeguarding against costly storm damage. Solar-compatible roofs allow easier renewable energy adoption, even for homeowners not installing panels yet. Cool roofing systems lower household cooling bills while improving long-term energy efficiency. Sustainable roofing choices reduce...
San Diego ranks 4th among U.S. cities where people most want to live.Despite its dreamy weather, San Diego placed just 17th for job opportunity perception....
After closing on your mortgage, follow this checklist to prepare for moving into your new home. Change your address with the Post Office and update utilities. Review your inspection report for necessary repairs and create a maintenance schedule. Deep clean your new home, including less obvious areas. Change locks and reset security codes for safety. Review any home warranty received and consider...
San Diego County's total assessed property value hit a record $806 billion, up 4.95% from last year, despite a 23% drop in home sales. Low housing inventory kept prices strong, driving steady land value growth. Property tax revenue reached $7.73 billion, funding schools and public services. Proposition 13 protected 92% of properties from large tax hikes, while Proposition 8 provided temporary tax...
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