Kevin Kueneke | Housing
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Housing

California home prices are the highest out of the 50 states in the U.S. as of 2017. This increase doesn't seem to be slowing down either. Although California's home prices may seem excessive to Americans, they aren't as steep when compared to those in other...

The average Months of Inventory based on Closed Sales for homes in Encinitas for May 2017 is 1.8 months, making it a Seller's market. Months of Inventory based on Closed Sales in May 2017: 1.8 • Down 18.6% compared to the last month • Down 9.8% compared to...

In California, the boom in urban construction is countered by a construction shortage in the suburbs — this has caused prices to rise well beyond area incomes. Residential construction is booming in the San Diego city center, but is there such a thing as too much construction in...

Home sales have plateaued throughout 2017, in California. 39,900 new and resale home transactions closed escrow during March, which was 5% higher than a year earlier in 2016. Last year ended with 457,900 home sales in California, which is 7,200 more sales than the previous year, but still 40% below...

April 2017 was a Seller's market for homes in San Diego's North County Coastal region, with 1145 units for sale and 613 closed. Home For Sale in April 2017: 1145 units. Up 7.4% compared to the last month Down 12.2% compared to the last year Home Closed...

The national average number of years someone should stay in their home to make financial sense over renting is 1 year and 11 months as of the end of 2016. This is 1 month longer than in 2015 and continues to lengthen. In California, this...

While flipping increased nationally, the number of homes and condominiums flipped in California decreased in 2015. A recent report on 2016 housing trends now suggests home flipping may be gaining traction again in California.  The nation saw a 3.1% increase in flipped residences. These flipped residences are defined as a property...

In San Diego North County Coastal, the Average Days on Market trend is falling, while the Sold/Original List Price has remained steady. March 2017 is a Seller's market, which means less than 3 months of inventory based on closed sales. Homes for sale have risen 6.2%...

As the 2008 recession hit the housing market hard, San Diego County is continuing a steady recovery. Per capita income is expected to rise with increases in job numbers. This brings hope to the county’s housing market, as a complete jobs recovery will bring strength...

The home price rise is slowing in San Diego as of October 2016. Home prices mostly remained level compared to the prior month in the different price tiers. Anticipate home price reports to show a slight rise through the end of 2016. However, the recent mortgage...