• Housing Market Forecast: What’s Ahead for the 2nd Half of 2024,Damon Cuccia

    Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

    As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales.Home Prices Are Expected To Climb ModeratelyHome prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most t

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  • Study: Housing Prices Far Outpaced Consumer Inflation in San Diego, Across U.S.,Damon Cuccia

    Study: Housing Prices Far Outpaced Consumer Inflation in San Diego, Across U.S.

    A home for sale in Tierrasanta. Staff photoOne measure of housing prices in the last five years shows them rising far faster than general inflation over the same period, according to a new analysis of real estate data.The increase in median price-per-square foot suggests that the typical home on the

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  • Mortgage rates trend down as the labor market loosens,Damon Cuccia

    Mortgage rates trend down as the labor market loosens

    Mortgage rates kept sliding toward 7% as HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conforming loans at 7.25% on Tuesday, below the rate of 7.34% one week ago. At the same time one year ago, the average 30-year conforming rate was 6.8%. Meanwhile, the 15-year confo

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