San Diego Real Estate News
San Diego
Spring Home Sales Sputter in U.S. as High Costs Weigh on Buyers
Sales of existing U.S. homes dropped to a seasonally adjusted annual rate of 4.2 million in April 2025, hitting their lowest level since October 2024, according to new data released by Redfin. The figure marks a 0.2% decline from March 2025, and a 1.1% drop year-over-year--breaking a seven-month streak of annual gains.
California Home Sales Dip in March Amid Rising Economic Concerns
California home sales took a step back in March 2025 as growing economic uncertainty and consumer anxiety weighed on the state's housing market, according to the latest report from the California Association of Realtors (C.A.R.).
Baby Boomers Biggest Cohort of U.S. Home Buyers in 2025 as Millennials Decline
In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR).
Average Americans Spend 38 Percent of Monthly Income on Mortgage Payments
The latest NAHB/Wells Fargo Cost of Housing Index (CHI) highlights the ongoing affordability crisis in the U.S. housing market.
San Diego Property News
Average Americans Spend 38 Percent of Monthly Income on Mortgage Payments
Posted on February 21, 2025
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