North County and San Diego Housing Markets July 2023

North County and San Diego Housing Markets July 2023 Pam Fraser pictogram of housing market statistics in North San Diego County from June 2023

While prices in the North County and San Diego housing markets haven’t quite reached their peaks from April, 2022, they’re getting close, and median values are higher than they were a year ago. Countywide, the year-over median price is up 1.8 percent, and in North County, it gained 3.2 percent. Inventory is slowly creeping up, but it’s still under two months.

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Renovate or Relocate?
3 Questions to Help You Decide

Renovate or Relocate?<br />3 Questions to Help You Decide Pam Fraser picture of modern homes with blue sky

Does your current home no longer serve your needs? If so, you may be torn between the decision to renovate it or relocate to a new home. This can be a difficult choice, and there’s a lot to consider. This includes potential costs, long-term financial implications, and quality of life.

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3 Questions to Help You Decide

San Diego Gardens July 2023

San Diego Gardens July 2023 Pam Fraser Picture of Nasturtium flower and leaves
Nasturtium

Summer’s here in San Diego gardens, and the weather is warming up. This is still a good time to plant subtropicals, summer annuals and vegetables, but hold off putting most plants in the ground until fall when temperatures drop.

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North County and San Diego Events for July

North County and San Diego Events for July Pam Fraser picture of fireworks over water with boats

North County and San Diego Events for July

North County and San Diego events in July are full of fireworks, picnics and parades! And we’ve got so much more! There are lots of concerts and movies this month, plus San Diego Pride, Over-the-Line, Comic-Con, Del Mar racing, a triathlon, golf classic, even a dog fest! Keep reading for more great San Diego and North County events and a list of Independence Day festivities!

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North County and San Diego Housing Markets June 2023

North County and San Diego Housing Markets June 2023, Pam Fraser, chart of North San Diego County housing sales statistics from May 2023

Despite persistently higher mortgage rates, the North County and San Diego housing markets are recovering. The median price hasn’t yet reached last April’s peak, but it continues to move upward, and increased just over 1.5 percent from April to May. New listings picked up slightly which helped to expand the still very tight inventory of available homes.

Why are we seeing multiple offers on homes and sales prices exceeding list prices when the year-over volume of closed sales was down by almost 30 percent? Continue reading North County and San Diego Housing Markets June 2023

Real Estate Update: The San Diego Market vs. National Trends

Real Estate Update: The San Diego Market vs. National Trends Pam Fraser pictures of homes, for sale sign with house keys and blueprints

We’ve all been hearing about real estate markets slowing, mortgage rates rising and prices dropping. All of which is true in the San Diego real estate market. But the news you hear is national, and real estate is local. Here in San Diego, that’s not the whole picture. Read on for both the local and national real estate market update, and find out how they differ.

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San Diego Gardens June 2023

San Diego Gardens June 2023 Pam Fraser peach colored rose
Rose

With all of the May gray and June gloom we’ve had lately, it’s hard to believe that summer’s heat is almost here. To protect your San Diego gardens, make sure your irrigation is working properly and add several inches of mulch to your garden beds.

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North County and San Diego Events for June

North County and San Diego Events for June Pam Fraser, picture of San Diego County Fair

North County and San Diego Events for June

Summer fun is here! June has so many great North County and San Diego events! Of course, there’s the San Diego Fair, but there are also art walks, festivals, concerts, plays, bike rides, surfing contests, Highland games, an Independence Day parade and more. Keep reading for more great San Diego and North County events!

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North County and San Diego Housing Markets May 2023

North County and San Diego Housing Markets May 2023, Pam Fraser, chart of North San Diego County housing sales statistics from April 2023

It’s been a year since we saw home prices reach their peak in the North County and San Diego housing markets. If you look at annual statistics, you’ll see that home prices have dropped compared to the same time last year. But that’s not the whole picture. Prices have actually been climbing since they hit a low point last winter. And not only are we seeing prices climb, homes are also selling more quickly with many sellers receiving multiple offers and a very high percentage of their asking prices.

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First-Time Homebuyer? How to Make It Work

First-Time Homebuyer? How to Make It Work Pam Fraser Picture of a home with a rising sun behind it

It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low. Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by offering stronger, often cash-heavy bids.

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