As to a research, San Diego is the most costly city in the United States to live in
A recent survey from U.S. News reveals that San Diego is the most costly city in the country to live in. World Report and News. Second place goes to Honolulu, Miami, and Santa Barbara, California. The median gross rent in each city and the annual housing expenditures for mortgage-bearing homeowners served as the basis for […]
75 San Diego affordable housing units will be built using state funding
SAN DIEGO — Two affordable housing developments in San Diego will receive $20.75 million in Homekey grants from the State of California. The city said on Wednesday that more affordable housing and services for the homeless will be built with the funds allotted. These monies will be used by the San Diego Housing Commission (SDHC) […]
Is it really true? These are the top five most expensive zip codes in San Diego for home buyers
SAN DIEGO: Purchasing a property in Southern California is not something that should be done by those with limited resources. This is particularly relevant to potential purchasers in five specific San Diego zip codes. Dollar signs may be seen in the results of Property Shark’s “Top 100 Most Expensive U.S. Zip Codes” list, which was […]
After a year, San Diego is still far from constructing the number of homes the state claims it needs
The city will need to almost triple the rate at which it produces homes in order to fulfill its 2029 housing target. In order to satisfy the state target, which it hasn’t even remotely approached lately, the city will now need to increase the quantity of housing permits it grants in each of the next […]
Nine strategies for homebuyers who are struggling with rising mortgage rates
1. Request a lower mortgage rate from the seller. Since mortgage rates spiked in the beginning of 2022, temporary rate buydowns have become the norm. A part of the buyer’s interest payments are paid in advance by the seller under a temporary rate buydown. For the first one, two, or three years of ownership, this […]
San Diego rises to the top of SoCal’s rental market for the first time in years
SAN DIEGO — According to a recent research, San Diego emerged from the busiest time of year for renting apartments and for the first time in a long while as the most competitive rental market in Southern California. The nation’s hottest rental locations from April to June of this year were identified by RentCafe, a […]
San Diego’s new house building will be accelerated with SANDAG financing
SAN DIEGO — Five programs to hasten home construction in the area will be supported by new financing from the San Diego Association of Governments (SANDAG). The Housing Acceleration Program of SANDAG will provide $4. 8 million for these initiatives, according to the City of San Diego. According to official statements, the funds will be […]
San Diego’s home sales dropped significantly last month, but values stayed around $1 million
According to recently released data from the Greater San Diego Association of Realtors (SDAR), the number of house sales in San Diego continued to decline in September while average prices lingered around seven figures. In the county, there were 1,036 single-family detached home sales last month, down about 23% from August. The trade association discovered […]
Top 8 suburbs in the San Diego region for first-time homebuyers: research
According to a recent research by Today’s Homeowner, the American dream is still alive in the suburbs of San Diego. Being a first-time home buyer in the area can be challenging as the cost of living in the area rises due to rising gas prices and impending water rate increases. The research team at Today’s […]
What you need to know about the new proposed insurance company restrictions in California
SACRAMENTO, Calif. (AP) — Months after the nation’s most populous state’s home insurance market was shaken by major companies suspending or limiting their coverage, the state’s top regulator announced Thursday that he would write new rules to encourage insurers to continue operating there. Since last year, seven of the top 12 insurance providers in California […]
