2023 Real Estate Market Outlook (And What It Means for You)
Last year, one factor drove the real estate market 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.1And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand […]
San Diego Real Estate Market Update – January 2023
Download full reports: Monthly Indicators Housing Supply Foreclosure Report (Lender-Mediated) Monthly Indicators 2022 was a turbulent year for the US housing market, as inflation, soaring interest rates, and elevated sales prices combined to cause a slowdown nationwide. Affordability challenges continue to limit market activity, with pending home sales and existing-home sales down month-over-month and falling […]
San Diego Real Estate Market Update – December 2022
Download Full Reports Monthly Indicators Housing Supply Foreclosure Report Monthly Indicators Housing affordability continues to be a major roadblock for market participants, with mortgage rates more than double compared to this time last year. Buyers are delaying home purchases in hopes rates will drop, while many sellers are holding off on listing their homes due […]
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