The North County and San Diego housing markets maintained a steady pace in January.
Over nearly the past two years, price growth has been fairly limited. Median home prices today are only slightly higher than they were in mid-2024, which tells us the market has largely settled into a stable range after the rapid gains of prior years.
Continue reading North County and San Diego Housing Markets February 2026
In June, a month typically known for price growth, both the North County and San Diego housing markets saw month-over and year-over prices drop. As one Realtor I spoke with put it, “Shift happens.” And we’re definitely seeing that shift toward a more balanced market. While inventory remains relatively low, it is steadily increasing. Homes are staying on the market longer, and sellers are receiving a smaller percentage of their asking prices.
Continue reading North County and San Diego Housing Markets July 2025
As we reach the midpoint of 2025, the U.S. housing market stands at a critical juncture. The frenzy of the pandemic-era real estate boom has long since cooled, but in its place, we’re seeing a market searching for balance. Higher mortgage rates, cautious buyers, and rising home inventory are combining to reshape what it means to buy or sell a home in today’s climate.
Continue reading Real Estate Market Update: What Mid-Year Indicators Mean for Your Next Move
The North County and San Diego housing markets saw more closed sales in July compared to June, but the month-over median price decreased and gains in the year-over median price were lower. Countywide, supply increased significantly compared to last year and is now at 2.4 months. This is still low compared to a “normal” market.
Continue reading North County and San Diego Housing Markets August 2024
It’s June and time for a mid-year market update to review this year’s most important real estate news and get a sneak peek into what analysts predict is around the corner for 2024.
Continue reading 2024 Mid-Year Market Update: What Buyers and Sellers Need to Know
What’s the real estate forecast for 2024? Will home prices continue to climb, or will they crash? What direction are mortgage rates moving, and will more homes come on the market?
Read on to learn more about the current state of the U.S. housing market, the potential opportunities for buyers and sellers, economists’ predictions for the year ahead, and what it all means for you.
Continue reading Real Estate Forecast 2024: Opportunities for Home Buyers and Sellers
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.
Continue reading Real Estate Update: The San Diego Market vs. National Trends
Last year, one factor drove home prices more than any other: rising mortgage rates.
In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation. And while some market sectors have been slow to respond, the housing market has reacted accordingly.
Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more stable and balanced real estate market.
So, what can we expect in 2023? Continue reading Home Prices in 2023 and What That Means for You
Mortgage rates have more than doubled in a matter of months. This is making homes much less affordable for today’s buyers. It’s also softening the strong seller’s market we’ve experienced over the last few years. Because of this, it’s important for home sellers to use all of the tools at their disposal to make their homes as marketable as possible. It’s equally important for home buyers to make their home purchases as affordable as they can. One way you can do this is with an interest rate buydown. An interest rate buydown reduces the monthly mortgage payment for the home buying borrower.
Continue reading What Is a Mortgage Buydown?
North County and San Diego housing markets are continuing to slow, but at this point, we’re just moving toward a more balanced market. The median and average sales prices have been dropping since April, but are still showing strong year-over gains. Inventory has also not yet hit pre-pandemic levels, and homes are selling faster than they were in 2019.
Continue reading North County and San Diego Housing Markets August 2022