The Housing Market Slowdown, Explained in 7 Charts
After mortgage rates hit record lows during the pandemic, driving up demand for new homes and pushing up listing prices, the housing market is now slowing down. That’s good news for buyers who can afford to stay in the market. But many prospective buyers are being priced out as high mortgage rates a
More Pending Homes Are Falling Through, but No Need to Sound the Alarms
By Nicole Bachaud on Sep. 8, 2022 The share of contract cancellations — pending listings that have gone back on the market without a sale — has recently increased, but remains in line with pre-pandemic norms. The recent increase in contract cancellations is more evidence of a rebalancing in the hou
San Diego rent can increase up to 10% after CA law
SAN DIEGO — Rent could increase up to 10 percent at tenant’s next renewal because of a California law. A law passed in 2019 kicked back into effect on Aug. 1, because the federal eviction moratorium expired July 31. The California Tenant Protection Act of 2019, or AB1482, limits annual rent increase
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