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‘Sellers’ market is cooling’: San Diego home price falls for first time this year

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San Diego County’s median home price fell for the first time this year in August.

The median home price fell to $889,500, down 1.2% from the previous month, according to Attom Data Solutions, which combines sales of single-family homes, townhouses and condos. Despite sluggish sales and affordability issues, San Diego’s home prices have been unchanged, or rising, throughout much of the year.

For the full article click here.

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Mark Goldman on Sea Lawyer Station Podcast

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Jose Mallari interviews Mark Goldman about real estate loans and mortgages in California. Discussion includes choosing a mortgage broker, pre-qualified/pre-approved buyer, debt to income ratio, down payment, closing costs, buyers in foreign countries, first time homebuyer program, conventional loan, jumbo loan, 30 year fixed loan, interest only loan, adjustable rate mortgage, home equity line of credit, FHA loan, Veterans Administration loan, credit check, investing in real estate, reverse mortgage, and mortgage tips

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San Diego home prices flat for the first time in 2 years

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For the first time in almost two years, San Diego home prices didn’t increase.

The median home price in San Diego County was $900,000 in April, flat year-over-year, said Attom Data Solutions. The last time the median, a combination of all closed sales of single-family houses, townhouses and condos, didn’t go up was May 2023 when prices were down 1.64%.

For the full article click here.