Name: Housing in San Diego Metro
Uploaded: 2022-07-05T00:00:00.000Z
Duration: 30 s
Channel: Roomvu.com
Description: The monthly mortgage payment on a typical home in the city of San Diego ↑ ~60% YoY to $5K. The national current avg mortgage rate of 5.78% would mean $2,127/mo, ↑ 51% YoY. The typical home value is $936,472, ↑ 26.2% YoY. Typical rents are $2,999, ↑ 19.7% YoY in May.

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Home prices can drop in 2025 due to oversimplified market mechanisms.
Fannie Mae's survey anticipates a slower housing market in 2024 and 2025, with growth rates of 2.4% and 2.7%, respectively.

2025 Housing market will see moderation, not meltdown

2025 Housing Market Will See Moderation, Not Meltdown

The monthly mortgage payment on a typical home in the city of San Diego ↑ ~60% YoY to $5K.
The national current avg mortgage rate of 5.78% would mean $2,127/mo, ↑ 51% YoY.
The typical home value is $936,472, ↑ 26.2% YoY.
Typical rents are $2,999, ↑ 19.7% YoY in May.

Housing in San Diego Metro

Housing in San Diego Metro

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