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In January 2024, San Luis Obispo County's housing market saw a resurgence due to lowering mortgage rates.
San Luis Obispo County's housing market experienced a resurgence in January 2024 as lowering mortgage rates alleviated pressure on buyers.
Across California, home prices decreased and sales increased, ending a six-month sales slump.
The California Association of Realtors reported that 30-year fixed-rate mortgage rates dropped to 6.6% in January from a peak of 7.79% in October 2023.
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En enero de 2024, el mercado inmobiliario del condado de San Luis Obispo experimentó un resurgimiento debido a la reducción de las tasas hipotecarias.