{"id":2753,"date":"2022-01-13T14:23:14","date_gmt":"2022-01-13T14:23:14","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/"},"modified":"2025-03-13T02:39:57","modified_gmt":"2025-03-13T02:39:57","slug":"an-inside-look-at-local-housing-markets-across-the-country-5","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/","title":{"rendered":"A closer look at housing markets across the country"},"content":{"rendered":"\n<p><meta charset=\"utf-8\">Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-san-diego-california\">San Diego, California<\/h4>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/image-1.png\" alt=\"image-1\" class=\"wp-image-335073\"\/><\/figure><\/div>\n\n\n\n<p>San Diego\u2019s growing economic divisions come through in the city\u2019s housing market. A San Diego Union-Tribune story from this August noted that the city\u2019s unemployment rate hovers around 7%, higher than the national rate of 5.2% at that time, as many leisure and hospitality workers remained sidelined. However, venture capital money is at an all-time high, specifically funding biotech and life science companies. \u201cThere\u2019s been a real surge in life sciences and biotech,\u201d said Ross Clark, a <strong>Compass<\/strong> agent based in San Diego\u2019s tony La Jolla neighborhood. And that\u2019s created a demand for luxury housing, Clark said, noting that San Diego home prices climbed 20% the past year as neighborhoods gentrify left and right. According to an <strong>OJO Labs<\/strong> study, San Diego, whose median home price was $750,000 in September, is more unaffordable to its current residents than Los Angeles.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Honolulu, Hawaii<\/h4>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/image-2.png\" alt=\"image-2\" class=\"wp-image-335074\"\/><\/figure><\/div>\n\n\n\n<p>An agent for 33 years, Anne Hogan Perry sells luxury homes in Honolulu, Maui and Kauai and says that she is enjoying an unprecedented influx of homebuyers who previously lived in New York or Los Angeles for their jobs. \u201cWe have started to see work not be so rigid and time specific,\u201d said Perry, who is an agent at <strong>Compass<\/strong>. \u201cI sold a home to a hedge fund guy in New York. Now he just gets up at 4, gets done with work at noon and goes to the beach.\u201d The agent said rich \u201cmainland\u201d residents replaced international buyers, who are restricted in their travel amid the pandemic. But overall demand is on the rise. That\u2019s reflected in home prices, where the median Honolulu home sold for $975,000 in the second quarter of 2021, according to the <strong>National Association of Realtors<\/strong>, a climb of 20% year-over-year. <strong>&lt;&lt;&lt;Story continued on <a href=\"https:\/\/preprod.housingwire.com\/articles\/an-inside-look-at-local-housing-markets-across-the-country-5\/\" target=\"_blank\" rel=\"noreferrer noopener\">HousingWire.com<\/a><\/strong><\/p>\n\n\n\n<p><em>This article was originally published by HousingWire. The\u00a0<a href=\"https:\/\/preprod.housingwire.com\/articles\/an-inside-look-at-local-housing-markets-across-the-country-5\/\" target=\"_blank\" rel=\"noreferrer noopener\">full article is available on HousingWire.com<\/a><a href=\"https:\/\/preprod.housingwire.com\/articles\/what-is-the-next-step-for-nar\/?__hstc=43385018.3580f2db3ddbe8fcf47fa6c91c7501c6.1641567229247.1642071507840.1642082732365.26&amp;__hssc=43385018.6.1642082732365&amp;__hsfp=2956229566\" target=\"_blank\" rel=\"noreferrer noopener\">\u00a0<\/a>for HW+ Members.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What&#8217;s happening in the Honolulu, Hawaii housing market? According to one agent, rich \u201cmainland\u201d residents have replaced international buyers, who are restricted in their travel amid the pandemic.<\/p>\n","protected":false},"author":16592,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[736],"class_list":["post-2753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A closer look at housing markets across the country - RealTrends - Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A closer look at housing markets across the country\" \/>\n<meta property=\"og:description\" content=\"What&#039;s happening in the Honolulu, Hawaii housing market? According to one agent, rich \u201cmainland\u201d residents have replaced international buyers, who are restricted in their travel amid the pandemic.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - Blog\" \/>\n<meta property=\"og:image\" content=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Matthew Blake\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matthew Blake\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/\"},\"author\":{\"name\":\"Matthew Blake\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#\/schema\/person\/05d13720067f6ac4cdc91c8d818a7900\"},\"headline\":\"A closer look at housing markets across the country\",\"datePublished\":\"2022-01-13T14:23:14+00:00\",\"dateModified\":\"2025-03-13T02:39:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/\"},\"wordCount\":358,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2025\/03\/9ced5ef4-69ab-4ba7-a7cd-ec49be7b274d.png\",\"articleSection\":[\"Archive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/#respond\"]}],\"isAccessibleForFree\":\"False\",\"hasPart\":{\"@type\":\"WebPageElement\",\"isAccessibleForFree\":\"False\",\"cssSelector\":\".wp-block-housingwire-piano-member\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/\",\"url\":\"https:\/\/preprod.realtrends.com\/blog\/2022\/01\/13\/an-inside-look-at-local-housing-markets-across-the-country-5\/\",\"name\":\"A closer look at housing markets across the country - 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