06/19/2026
🏡 One of the biggest housing stories this week isn't housing at all.
The reported ceasefire in the Middle East has helped calm oil prices, and that's good news because energy costs have been one of the biggest drivers of inflation.
Why does that matter?
Because inflation plays a major role in where mortgage rates go next.
At the same time, San Diego buyers continue to show up. Pending sales are up, inventory remains tight, and some well-priced homes are even seeing multiple offers and escalation clauses again.
The Federal Reserve left rates unchanged this week, but if inflation continues to improve, many experts believe we'll eventually see a friendlier environment for homebuyers.
It's a reminder that sometimes the biggest influences on the housing market happen far beyond real estate.