Housing

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Community leaders are calling on the San Diego City Council to create a city-wide ordinance banning this type of software

San Diego leaders and housing advocates say price-fixing software is making it harder for renters. Algorithms of AI-powered rent prices allow landlords to align their prices and avoid competition that would otherwise keep rents down, NBC 7’s Audra Stafford reports. Community leaders are calling on the San Diego City Council to create a city-wide ordinance banning this type of software. 

More and more homeowners are skimping on insurance, despite the financial risks.

Homeowners in Rolando and the College Area say accessory dwelling units are popping up everywhere.

Some people who live in Rolando say ADUs keep popping up in their neighborhood. One particular two-story project has some neighbors upset. NBC 7’s Kelvin Henry explains.

A White House replica in the Bay Area is off the market after being sold for $23 million.

Despite stable home prices around $1 million, San Diego County saw a 14% drop in single-family home sales in September.

One in four middle-income new homeowners — twice as many as a decade before — are buying into cost-burdened situations, according to NBC News.

The San Diego City Council Tuesday heard the first proposals for temporary homeless shelters around the city to make up for hundreds of shelter beds scheduled to come offline in December and early next year.

The Urban League of San Diego County is the local chapter of a civil rights organization with decades of history in serving minority communities in the county.

The Urban League of San Diego says to date, they have created 81 first-time homeowners in San Diego’s tough housing market since August of 2021. NBC 7’s Kelvin Henry has the details. 

The commission presented its spending report to the San Diego City Council in committee on Thursday, detailing how it spent nearly $13.8 million, reports NBC 7’s Joey Safchik.

The San Diego Housing Commission detailed how it spent nearly $14 million to help San Diegans with housing.

The Federal Reserve is expected to cut interest rates by up to a half point while still keeping an eye on inflation, reports NBC 7’s Kelvin Henry

Construction is underway for the Union Tower development, which is expected to bring more than 90 affordable housing units to National City in the coming years.

Local leaders broke ground on the Union Tower Project, which is expected to bring more than 90 affordable housing units to National City in the next couple of years. NBC 7’s Kelvin Henry reports.

Eligible applicants will be selected from the waitlist and will pay rent equal to about 30% of their income.

People searching for affordable housing should contact each property directly about availability, how to apply and other requirements.

‘The overall San Diego market has risen by 72% in the past five years; the high tiers have done even better, rising 79%’.