Blog2024-02-03T16:33:43-08:00

California Real Estate Blog

1511, 2023

Recent San Diego Homebuyers might get a Tax Break

By |November 15th, 2023|

If you bought a San Diego County home at the height of rising prices in 2022, you might be getting a tax cut this year. Home prices shot up in early 2022 — rising 30 percent annually as of March — only to come down quickly as interest rates rose. That means the tax bill for hundreds [...]

3110, 2023

San Diego Moves up in National Home Price Rankings

By |October 31st, 2023|

A summer surge in home price gains has pushed San Diego back near the top of the nation’s hottest markets. The San Diego metropolitan area’s annual home price increased 4.1 percent in August, according to a new S&P Case-Shiller Indices report. That was the fourth highest in the 20-city index, up from the bottom 10 where it had [...]

1510, 2023

San Diego Home Sales Slow in September

By |October 15th, 2023|

Home sales dropped sharply in September compared to August, ending a slow summer season with an even slower month, according to data released by the Greater San Diego Association of Realtors. Sales of single-family detached properties were down nearly 23% in September compared to August, according to the data, which SDAR compiles through the San Diego Multiple Listing [...]

3009, 2023

San Diego Home Price Gains Show Signs of Slowing

By |September 30th, 2023|

San Diego home prices were up annually in a closely watched report but there are signs of a slowdown coming. The San Diego metropolitan area’s annual home price increased 0.7 percent in July, said the recently released S&P Case-Shiller report. That was the 11th highest in the 20-city index, down from the pandemic heyday when America’s Finest [...]

1509, 2023

San Diego Homeowners least likely to Sell at a Loss

By |September 15th, 2023|

San Diego homeowners are least likely in the nation to sell homes at a loss, said a new study. Only 1.1 percent of San Diego homeowners sold at a loss in the three months ending in July, a Redfin study said. That compares to a nationwide average of 3 percent. Out of the 50 largest metro areas, [...]

3108, 2023

San Diego Home Prices back at All-time Highs

By |August 31st, 2023|

San Diego’s median home price continues to inch higher as the number of sales plummets to lows not seen in decades. There were 2,435 home sales in July, the second-lowest for that month in records going back to 1988. The median price rose 1.4 percent monthly in July to $850,000, said CoreLogic data released this week. That [...]

1508, 2023

San Diego County Properties Valued at Record $727 Billion

By |August 15th, 2023|

Land in San Diego has never been worth so much. San Diego County’s assessed value of all taxable property — including residential, commercial and industrial land — is now $727.48 billion, the Assessor’s Office said. It represents an increase of 7.1 percent from last year and its highest in history. Even a slowdown in home price growth [...]

3107, 2023

San Diego Planning Commission votes against Senate Bill 10

By |July 31st, 2023|

San Diego’s Planning Commission unanimously voted against a key part of Mayor Todd Gloria’s housing plan that would have eliminated single-family zoning in much of the city. The commission voted to recommend the city’s sweeping Housing Action Package 2.0, but stripped it of its biggest element: Senate Bill 10, which will no longer go before City Council [...]

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