Housing market is softening

<p>Today on the Southern California Real Estate Report we talk about how San Diego home prices are dipping and it shows a softening of the market.</p><p></p><p>Lack of consumer confidence and high interest rates are among the biggest culprits.</p><p></p><p>But the number of homes for sale in San Diego is decreasing, which is putting the market at a standstill.</p><p></p><p>Homeowners have little incentive to sell if they have locked in a low mortgage rate.</p><p></p><p>Referenced article below:</p><p></p><p>https://www.sandiegouniontribune.com/business/story/2022-11-29/san-diego-home-price</p>