SAN DIEGO (CNS) - Resale home sales in the county this year took a dive in November, but were significantly higher when compared to the same month last year, according to a report released Thursday by the San Diego Association of Realtors.
Single-family home sales last month were down month-over-month by 10 percent, but were up 19 percent from November of 2015, the report said.
Condominium and townhouse sales were down 13 percent from October, but posted an increase of 16 percent from a year ago.
The year-to-date 2016 numbers show resale homes were closing escrow at a pace similar to 2015. The report also showed that median home prices for single-family homes, condos and townhouses dipped 3 percent in November compared to October. But compared with November of last year, single-family homes were 6 percent higher, and condo and townhomes were 9 percent higher.
The region's homes were on the market an average of 33 days before close of escrow last month, compared to 39 days in November 2015.
"Mortgage rates are on an upward trend, while the inventory of homes for sale has dipped dramatically in the San Diego region," said Cory Shepard, SDAR president. "Along with affordability, those are factors that keep our housing market from shaking loose."
The San Diego Rescue Mission opened its doors to the homeless community on Saturday for its annual Thanksgiving celebration.
A man died after his body caught fire, police said Saturday. At 11:30 p.m. Friday, police received a call regarding a person on fire in a field near 5200 Pacific Highway in Mission Bay Park, according to the San Diego Police Department.
Hoping for the best but preparing for the worst, local business owners and first responders teamed up for an all-to-real feeling hazard drill on Saturday.
A 5-year-old girl who was abducted from New York by her 32-year-old mother, who does not have custody of the child, was found safe Saturday in San Diego, police said.
Before Saturday, Marine veteran Joshua Ray, his wife and six children had just one vehicle to use for all of their family business, and Ray had to take the train from Oceanside to San Diego every day to get to work.
A sea of pink will travel through San Diego starting Friday for the Susan G. Komen San Diego 3-Day. The 60 mile journey kicks off early Friday morning and ends Sunday evening at the final destination – the celebratory Closing Ceremony.
A man arrested on suspicion of committing a murder in Imperial Beach earlier this week remained jailed Saturday.
Spencer Abbott had two goals and two assists after missing two games and Eric Fehr scored twice in his debut with the San Diego Gulls in an 8-3 victory over the Tucson Roadrunners Friday night.
On Friday, a fourth woman came forward with disturbing allegations of sexual assault by a San Diego County Sheriff’s Deputy.
Malcolm Young, the rhythm guitarist and guiding force behind the bawdy hard rock band AC/DC who helped create such head-banging anthems as "Highway to Hell," ''Hell's Bells" and "Back in Black," has died.