Real Estate

UCSD model: SD housing prices to fall 12 percent

A new model of forecasting home prices based on consumer demand predicts that prices for housing will decrease by 5% nationally and 12% in San Diego County by the end of this year. The model, which highlights online search activity, was recently published in a new study from the University of California San Diego’s Rady School of Management. The model’s predictions have a proven accuracy rate of…

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It’s tough to be a renter in San Diego County

San Diego County is one of the least affordable places to live in America, and renters know it. When housing costs are high, people have less money to spend on other necessities such as food and medical care, which hurts their quality of life. In 2017, 57 percent of the county’s renters were considered burdened by their housing costs, meaning they spent 30 percent or more…