San Diego Apartment Rents Drop for the Fourth Month in a Row

The largest monthly decline in rent in over three years occurred in October. In October, San Diego’s apartment rents decreased for a fourth consecutive month. That is equivalent to the four-month drop at year’s end for the longest monthly run in the previous ten years. In the region, rentals decreased by 0.9% in October, but […]

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) […]

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 […]