San Diego Housing Inventory & Interest rates April 2024
April San Diego Real Estate Market Update In March, 41% fewer homes came on the market compared to the 3-year average before COVID (2017 to 2019), 2,023 fewer. Last year, there were 2,101 homes on the market, 651 fewer homes, or 24% less. The 3-year average before COVID (2017 to 2019) was 5,846, or
Who will pay Buyer's Commissions? $418 million NAR Settlement Agreement
On March 15, 2024, The National Association of REALTORS® (NAR) reached an agreement that would end litigation of claims brought of sellers related to broker commissions. Under the terms of the agreement, NAR would pay $418 million over approximately four years. Key Points of the Agreement: MLS will
Top 15 Closing Costs to Know When You Buy a Home
Top 15 Closing Costs to know when you buy a home: The main Closing Costs typically include: 1. **Loan Origination Fees**: Charged by the lender for processing the new loan. 2. **Appraisal Fees**: To assess the home’s value for the lender. 3. **Credit Report Fees**: For obtaining your credit histor
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