San Diego Real Estate News
San Diego
Home Listings Supply in U.S. Hits All-Time Low
According to national property broker Redfin, the number of homes for sale hit an all-time low during the week ending November 28, 2021. During that period, sustained demand pushed the median home price to another record high, and a third of homes sold in one week or less.
Vacation Home Demand in the U.S. Jumps 70 Percent Annually in October
According to national property broker Redfin, demand for second homes in the U.S. was up 70% from pre-pandemic levels in October 2021. This outpaced August's 48% gain but below January's record 91% growth.
U.S. Pending Home Sales Jump 7.5 Percent in October
Contract activity rose month-over-month in each of the four major U.S. regions. On a year-over-year basis, however, transactions were split, as two regions reported drops and two others posted gains.
Black Friday Shopper Traffic Spikes at U.S. Malls and Shopping Centers
Based on a new CBRE Retail Property Management survey at 16 of the malls and large-format retail centers that it manages across the U.S. found the following regarding results from this past Thanksgiving weekend.
