housing market

The Inland Empire has been a hot housing market during the pandemic. But in recent months, home sales have cooled off.

The Inland Empire has been a hot housing market during the pandemic. But in recent months, home sales have cooled off. Tony Shin reports July 29, 2022.

San Diego’s real estate market has been on an upward trajectory for the past two years. The median price for a single-family home was $590,000 in March of 2020. This year it rose to $850,000, according to real estate trackers.

People are leaving Los Angeles and heading towards more affordable places like San Diego and Phoenix, according to a Redfin report published Monday.

A home in suburban Illinois, which is almost entirely underground, sold last week after being on the market for just nine days.

San Diego’s rising cost of living is driving more people south to Tijuana. The Mexican consulate says dozens of San Diegans start the moving process every day. It’s not just Mexican nationals, but also people born here in the U.S.

For more than 30 years the city of Compton has often been defined by rap lyrics. There’s now a b-side to those records, Compton is singing about investment and affordable housing, at a time when it’s needed most. Randy Mac reports for the NBC4 News at 6 p.m. on March 24, 2022.

Home sales surged to a 15-year high last year. Some desperate homeowners are going to extreme measures to get the house of their dreams. But with big money on the line, that can be risky.

A decaying, 122-year-old property marketed as “the worst house on the best block” of San Francisco has sold for nearly $2 million

Rising costs and shortages of building materials and labor are rippling across the homebuilding industry, delaying construction and prompting many builders to pump the brakes on how many homes they put up for sale.

The burned husk of a home in Walnut Creek is listed for $850,000.

Experts say real estate is in the midst of the perfect financial storm. Interest rates are at record lows, there are fewer houses on the market, and now there’s a demographic shift among first time buyers. Vikki Vargas reports for NBC4 News at 5 p.m. on July 22, 2021.

The pandemic has boosted housing prices around the country, and experts don’t see any sign of things changing.

Sales of existing homes fell for the third straight month in April as the number of properties for sale hit a record low, driving prices to new highs.

Homebuyers are facing the most competitive U.S. housing market in decades this spring

The Bay Area rental market, which has long been among the most expensive in the nation, is now seeing the steepest drops in the nation.

Back in April, NBC 7 reported the coronavirus had hit the local housing market. Listings plummeted and homes on the market were taking longer to sell.

Housing affordability improved slightly in all Southern California regions in the second quarter of 2020, although higher home prices and lower household income dampened the statewide picture, the California Association of Realtors said Wednesday. In the Los Angeles metro area, 32% of residents could afford to purchase the $581,000 median-priced home in the second quarter, up from 31% in the…

Home prices have only fallen nationally once since the Great Depression, and that was following the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow.