In May 2025, Southern California's housing market showed a slight cooling with home sales down 7.6% year-over-year and median prices rising 0.9% to $888,000. Inventory increased, signaling a shift toward a more balanced market, though still favoring sellers. High mortgage rates around 6.77% are limiting affordability. Price growth is expected to slow, with steady demand driven by population and...
California homebuilding costs rose by $68,200 after tariffs. Golden State builders pay more for lumber and steel....
California’s Real Estate market varies widely by region, requiring tailored strategies to attract the right local buyers. Setting a strategic listing price based on comps and trends attracts more buyers and avoids costly markdowns....
Home prices are projected to rise by 3–5% due to strong buyer demand. Limited inventory is expected to sustain competition among buyers....
California’s AB 2747 requires landlords to offer tenants the option to report on-time rent to credit bureaus. Tenants may pay $10/month to report rent, with opt-in required at lease signing or annually thereafter....
Southern California home sales declined sharply, with most counties seeing yearly drops in transactions. Home prices are leveling off, showing modest growth or slight declines in several counties....
San Diego bans rent-pricing software over unfair market influence and antitrust concerns. The ban targets software, accused of inflating rents by 2%–7% using private data algorithms....
San Diego County property owners have until June 30, 2025, to pay their 2024-25 property taxes to avoid penalties. Unpaid taxes after this date incur a $33 fee plus 1.5% monthly penalties. About 98.48% of taxes are collected, with $138 million still due. Payments can be made online via free e-check, by phone, mail, or in person at various county offices. Properties unpaid for five years may be sold at...
San Diego-Chula Vista-Carlsbad home prices fell 2.0% year-over-year in May 2025, with a 0.4% monthly decline. National house price growth slowed to 2.1%, the lowest since 2012, due to rising mortgage rates. Despite slower price growth, higher household incomes have helped maintain affordability. Some markets like Cambridge and Pittsburgh saw strong price increases, while others experienced flat or...
In 2025, housing affordability remains a major issue across the US, straining household budgets. New data shows that in several states, housing costs now exceed 50% of avg household income, well above the 30% affordability threshold. In California, rising property values have pushed housing costs to 46% of avg household income. Both homeowners and renters are...
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