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.

February 24, 2024
14 Articles