‘Affordability is the biggest constraint’: San Diego home prices fall for 4th month

San Diego was among more than half of U.S. cities with falling home prices in September. The San Diego metropolitan area’s home price decreased 0.85% annually in September, said the recent S&P Cotality Case-Shiller Indices report. That puts the region at No. 15 in the 19-city index (Detroit was miss

View more

California homebuyer’s goal: Save $18,200 annually for 5 years

Want to enter the world of California homeownership? Become a voracious saver. My trusty spreadsheet had some fun with a curious study by Consumer Affairs that looked into a major challenge for first-time homebuyers: the down payment. The report pondered how long it would take to save 10% of the med

View more

Here is how much San Diego home prices are outpacing wages

San Diego County’s median home price is now nearly nine times the median income — close to its highest point in history. San Diego home prices have been more expensive than the nation since the 1990s, but the difference is now more pronounced. A U.S. median priced home was five times more than incom

View more