San Diego housing commission awarded $7.5M grant for minority homebuyers

ABC 10 News
The San Diego Housing Commission Wednesday began an effort to expand homeownership among people of color thanks in part to a $7.5 million grant from the Wells Fargo Foundation. The rate of homeownership is significantly lower for households of color than white households.

‘Buyers are taking their time’: San Diego home price drops for third month

San Diego Union-Tribune on
It reached an all-time high of $850,000 in May, but the market — in San Diego and the rest of the nation — has slowed as mortgage rates continue to rise. The median combines all single-family, condo and townhouse sales.