Market Trends Point to a Broader Shift
According to Kaplan, the signs are clear: San Diego’s housing market is in a period of measurable change. Inventory across the county has increased by more than 10% in the past week alone, adding to a larger pattern of steady growth since the start of the year. Properties are spending more time on the market too, with average days rising from the 20s into the 40s. What’s important, Kaplan emphasized, is recognizing the difference between a short-term market “blip” and a sustained trend. Given that these numbers are rising consistently across regions—from coastal enclaves to inland neighborhoods—this appears to be a broader movement, not an isolated event.

What to Expect Over the Next 90 Days
Looking ahead, Kaplan anticipates continued growth in housing supply, especially as the calendar moves into late spring and early summer, typically the busiest listing season of the year. With similar activity unfolding in South Bay, North County, and San Diego’s urban core, it’s clear that the increase in listings isn’t tied to one specific location. This uptick gives buyers more leverage and choices, while sellers may need to adjust expectations as competition grows.

Interest Rate Updates and What They Mean for Buyers
Kaplan reported current mortgage averages as follows: 30-year conventional loans at 7.76%, FHA 30-year loans just below that, and VA and 15-year programs trailing close behind. While rates remain far above the historical lows of 2020–2021, Kaplan doesn’t foresee a return to the 2–3% range. Instead, future stabilization might bring rates closer to 5%, depending on economic performance. He encouraged buyers and investors to track these movements weekly, using tools like Bankrate to get a comprehensive snapshot of averages across lenders. Monitoring four key products—30-year conventional, 15-year conventional, FHA, and VA loans—can help inform decisions on whether to act now or wait for rate improvements.

The Deal: Budget-Friendly Living in National City

Square Feet: ~500
Bedrooms/Bathrooms: 1 Bed / 1 Bath
HOA: ~$460/month
This top-floor one-bedroom unit offers a rare chance to own in National City at an ultra-accessible price. With new flooring, a renovated kitchen and bath, and stainless steel appliances, the unit is move-in ready. Residents have access to amenities like a gym, pool, spa, and community barbecue area. One parking space is included, and the building’s location offers quick freeway access and urban convenience. The home was originally listed in a broader price range, but Kaplan confirmed the current price as $259,000—an attractive opportunity for first-time buyers or rental investors.

List Price: $259,000

The Dream: The Collins Wellington Estate, A San Diego Treasure

Square Feet: 5,766
Bedrooms/Bathrooms: 5 Bed / 5 Bath
Lot Size: 8 Acres

A true rarity in the market, the Collins Wellington Estate blends grandeur with California history. Built in 1928, the home is protected under the Mills Act, which significantly reduces property taxes—a major financial advantage for buyers of historic properties. The estate features intricate architectural details such as oak flooring with peg bow tie inlays, onyx finishes, soaring 18-foot arched ceilings, and ornate wrought iron throughout. Four of the five bedrooms include en suite baths, while the expansive layout makes it ideal for entertaining at scale. Set on eight acres, this estate offers the space, stature, and savings rarely seen together in one property. Recently sold for $3 million, the estate stands as one of National City’s most iconic properties and a perfect example of how historic homes continue to offer investment value.

Sold Price: $3,000,000

Final Takeaways
National City’s market reflects the broader trends seen across San Diego County—more inventory, slower closings, and a widening spread between starter homes and top-tier estates. Whether you’re watching interest rates or searching for a hidden gem, understanding how these trends play out over time can help you make a better-informed move. In a market filled with both caution and opportunity, those who follow the data will find their edge.

The post National City Market Watch: Rising Inventory, Rate Shifts, and a $3M Historic Estate appeared first on ROI TV.

Rising Water Rates and How to Fight Back
San Diego residents are about to feel the sting of higher water bills, with rates set to increase in just two days. In Carlsbad, rates are climbing by nearly 20%, signaling a significant cost shift for both homeowners and renters. Ken Kaplan stressed the importance of preparing now, recommending that property owners upgrade to low-flow toilets, water-efficient showerheads, and appliances. He encouraged residents to visit their community water district’s website to look for rebates on these products. He also shared a simple method for leak detection: turn off all water inside the home and check the street water meter. If it’s still moving, you may have a hidden leak. Proactive water conservation tactics like rain barrels, downspout redirection, and rebate claims can lead to meaningful savings. Kaplan also reminded viewers that if a water bill seems unusually high, consumers have the right to request a usage audit from their provider—a little-known but powerful tool to protect your budget.

Interest Rate Movements and Market Trends
Kaplan reported slight increases across common loan types. As of this week, a 15-year fixed mortgage stands at 6.25%, a 30-year fixed is at 6.875%, and both FHA and VA 30-year options hover around 6.275% to 6.875%, reflecting an eighth-of-a-point rise over previous rates. At the same time, inventory has opened up significantly. San Diego’s active listings have jumped from roughly 4,300 a few weeks ago to about 5,800, giving buyers more choices. Kaplan forecasted that mortgage applications will begin to increase as families wrap up the school year and enter peak home-shopping season. The shift in inventory signals opportunity for buyers who may have been frustrated by limited options earlier in the year.

The Deal: Affordable Comfort in Mira Mesa

Square Feet: ~700
Bedrooms/Bathrooms: 1 Bed / 1 Bath
This one-bedroom, one-bath condo in Mira Mesa offers excellent value in a rising market. With nearly 700 square feet, the home features fresh paint, new carpeting, vaulted ceilings, and a spacious balcony ideal for enjoying San Diego’s year-round sun. The complex includes a community pool, spa, and recreation room, giving homeowners access to resort-style amenities without the price tag. Located near major freeways and retail centers, the property is well-positioned for commuters or first-time buyers looking to enter the San Diego market.

List Price: $399,000

The Dream: A Designer Home with Resort Living in Mira Mesa

Square Feet: ~2,100
Bedrooms/Bathrooms: 3 Bed / 4 Bath
Built in 2022, this former model home in a newer Mira Mesa development offers the kind of luxury rarely seen in this price range. Spanning three levels, the property includes a full bedroom and bathroom on the first floor, perfect for multigenerational living or remote work setups. The second floor features open-plan living and dining areas, high-end finishes, and a spacious kitchen with quartz counters and stainless appliances. The third floor holds two additional bedroom suites, including a luxurious primary retreat. Owned solar with net metering keeps utility costs down, and the home includes one of the largest private yards in the community. Located near the 15 freeway and surrounded by new amenities, this home combines convenience with elegance—making it a standout listing in San Diego.

List Price: $1,325,500

Final Thoughts
Whether you’re focused on managing household costs or scouting your next move in the housing market, this week’s updates delivered something for everyone. From rising water rates and the need for conservation to a growing inventory and elevated interest rates, 2025’s real estate climate demands a balance of smart planning and opportunity spotting. And in neighborhoods like Mira Mesa, where options range from affordable condos to high-end dream homes, there’s no shortage of possibilities.

The post Mira Mesa Real Estate Highlights: Water Costs, Rate Hikes, and Market-Ready Homes appeared first on ROI TV.