The Bay Area, known for its tech industry, has a high cost of living with the median home price at $1.4 million in 2021. San Diego, while still expensive, is more affordable with a median home price of $750,000. Renting is also cheaper in San Diego, with average monthly rent for a one-bedroom apartment at $2,200, compared to over $3,000 in the Bay Area. Continue to full article...
California Realtors add $500K, raising total grants to $2M, aiding first-time buyers in underserved areas. The program offers up to $10K to first-time homebuyers earning 120% or less of the Area Median Income....
Step-by-Step Guide to Selling Your House in San Diego, CA Continue to full article...
The San Diego City Council Tuesday approved a sweeping Housing Action Plan intended to expedite new units constructed across the city to help seniors, students and middle-income families. Continue to full article...
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San Diego is falling short of its housing production goals, particularly for low- and moderate-income housing. The city needs to triple its housing production to meet its state-mandated goal of 108,000 new units by 2029. The report also highlights concerns about housing concentration in certain neighborhoods and the declining effectiveness of existing incentives. The number of approved housing units has...
California's median home value at $538,500 offers affordability. In California, closing costs avg $8,028. California's closing costs represent 1.49% of the home's value, among the highest in the nation....
Median price of single-family homes: $840K Price change: ↓ 0.4% MoM, and ↑ 5.3% yearly Sales change: ↑ 0.3% MoM, and ↓ 11.9% yearly...
Why San Diego life is worth the taxes – at least for many Continue to full article...
California's buyer’s market faces dwindling home supply, moving toward a negative loopReal Estate's rule of thumb: 6-mo's supply favors buyers, 3-mo’s, sellersLate-Q3 saw a seller’s market with a mere 2.8-mo of housing inventory....
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