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Downturn Risk: Inland Empire's Housing Market Shifts Toward Buyers
The Inland Empire has been a hot housing market during the pandemic. But in recent months, home sales have cooled off.
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Housing Prices Dropping Across Inland Empire
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.
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San Diego's Hot Housing Market Starts Cooling Off
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.
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Homebuyers Are Leaving LA to Escape the High Prices, But History Shows Us This Isn't New
People are leaving Los Angeles and heading towards more affordable places like San Diego and Phoenix, according to a Redfin report published Monday.
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Basement-Only Illinois House Finds a Buyer
A home in suburban Illinois, which is almost entirely underground, sold last week after being on the market for just nine days.
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Considered Moving to Tijuana? It's Not as Easy as Just Driving South
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.
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Housing Market Feuls Compton Rebuild
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.
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Here's How to Buy a Home in a Hot Market (We're Looking at You, San Diego)
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.
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‘Worst House on Best Block' of San Francisco Sells for $2M
A decaying, 122-year-old property marketed as “the worst house on the best block” of San Francisco has sold for nearly $2 million
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Inflation Forces Homebuilders to Take It Slow, Raise Prices
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.
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Hot Deal? Burned-Out Northern Calif. Home Lists for $850K
The burned husk of a home in Walnut Creek is listed for $850,000.
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What's Fueling the So-Called Housing Boom?
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.
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With Housing Inventory Low, Buyers Will Continue to Pay More for Their Dream Home
The pandemic has boosted housing prices around the country, and experts don’t see any sign of things changing.
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Home Sales Dip for 3rd Straight Month, Adding to Sky-High Housing Prices
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.
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Ready to Buy a Home? the Trick Is Finding Or Affording One
Homebuyers are facing the most competitive U.S. housing market in decades this spring
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Pandemic, Recession Continue to Drive Drop in Bay Area Rent Prices
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.
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Looking to Buy A House During the Pandemic? Wait In Line
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.
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SoCal Sees Slight Gains in Housing Affordability
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…
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Photos: ‘The Golden Girls' House Hits the Market For $3 Million
A piece of Hollywood history from a show about four women who shared a friendship in Miami is on the market in Los Angeles’ Brentwood neighborhood. The house used in the NBC sitcom “The Golden Girls” is up for sale – but it will cost you $3 million. This four-bedroom, four-bath house is located in the Brentwood area of Los Angeles.... -
Coronavirus Will Shrink US Home Prices by 2-3% in 2020: Zillow
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.