Active listings ↑ 66.6% yearly New listings ↑ 14.1% yearly Median price $950K ↓ 4.8% yearly Price per sq. ft. ↓ 2.0% yearly Median days on market: 36, ↑ 4 days New listings ↓ 13.0%...
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California’s housing market has a 33.1% chance of a 5% price drop over the past 25 years, higher than the US avg of 26.4%.Home prices ↑ 315% since 2000, compared to ↑ 196% nationwide....
San Diego County property owners have until April 10, 2025, to pay the second installment of their property taxes to avoid penalties. Failure to pay by the deadline will result in a 10% penalty plus a $10 fee. Property tax payments are projected to reach a record $9.1 billion. Payments can be made online for free using an e-check, by phone with a credit card (fees apply), or by mail. Tax bills are...
California ranks among the most expensive states for middle-class living, with rising costs year over year. SmartAsset reports that middle-class income requirements in California vary widely, ranging from $63,674 to $190,644....
The insurance market is unstable due to natural disasters like the Southern California wildfires, causing significant damage and challenges for homeowners. Many private insurers have reduced their offerings or left the market, leaving residents dependent on the state-run FAIR Plan with limited coverage. Finding affordable insurance is expected to become harder as insurers raise rates and add exclusions....
San Diego faces a housing crisis, yet rental assistance remains underfunded despite its proven effectiveness. Programs like Section 8 and HIPP help low-income residents, but long waitlists limit their impact....
A report from Realtor.com indicates that median asking rent prices in the largest U.S. metropolitan areas fell by 0.2% annually in January, while RentCafe noted a slight increase in available apartments. Despite this, demand remains high, with seven tenants competing for each vacancy, leading to affordability issues. Many areas still see renters spending over 30% of their income on housing due to a...
California home prices ↑ 70% in a decade and are expected to keep increasing by 2030. Multifamily housing demand is projected to ↑ 50% due to affordability and zoning changes....