California is the first state to make solar power mandatory on any new houses built in 2020 and beyond. Beginning next year, all newly constructed homes will have to be built with solar panels. Solar Mandate to Increase Homeownership Costs There are numerous ways to look at this new law, Continue Reading →
According to the latest data, October 2018 represented the third straight month where home price growth slowed down. Most experts expect to see similar results when reviewing the numbers from November and December, as well. The point is prices are still going up along with inflation and other key economic Continue Reading →
The market for home buyers has been tricky the past couple years. Home prices have risen because of low inventory. The interest rates, however, have been very favorable and that has made it a very strong seller’s market. Yet, rates have also continued to rise steadily throughout 2018. As always, Continue Reading →
San Diego remains a red hot seller’s market. Mortgage interest rates remain fairly low while housing prices surge. Right now, it’s the perfect storm of situations, but are sellers really benefiting? Low Housing Inventory Probably the biggest factor to look at is the lack of inventory. New homes aren’t being Continue Reading →
The housing market will always have its natural ebbs and flows, along with some cyclical trends. 2017 has seen home prices continue to rise while housing inventory remains very low. At the same time, relatively low interest rates still make it affordable for buyers though it is clearly a strong Continue Reading →
