TAG | San Diego Real Estate

April 2018  –  San Diego Real Estate Update 

Can it be true?? Ladies and Gentlemen, no fools’ jokes went into the making of this statement… let it be known: there is finally a significant shift in our San Diego Housing Market! We are just seeing significant evidence of a lasting change to our local market. Basically, what had been several long discouraging months with severe inventory droughts in a scalding HOT sellers’ market has simmered down to what I would say to be a more stable market.  So small shift statistically, but what a significant impact on the market!  

Now, this news may be a shocking surprise to you – but don’t be jumping to any sky-is-falling conclusions about this now.. we are seeing only slight shifts here, nothing to indicate we are at any risk of a market collapse, I assure you! What we are seeing is a slight, and long overdue increase in our market inventory finally, though oddly enough also saw slight dip in buyer demand over last few weeks. This may seem odd, but considering all the many other factors in play here like tax season/reforms, stock market, school season, newly increased interest rates, economic stability concerns, or just some awful cocktail of them all gives just cause for buyer numbers to take slight dip momentarily here, as shown below.

However we can expect buyer demand recover soon as this recent market shift becomes more evident  – this surge of new inventory brings long-overdue relief onto our buyer market.  More inventory means buyers will finally have more options when out looking for their new dream home (and slight decline in present buyer activity is GREAT news for active buyers now! – More options, less competition, better deals!) For sellers, this shift will mean the end of price gauging and return to more strategic home sale practices.

Now you might be asking yourself, “Why is this not a sign of a correction, or market crash???” Well, when the market crashed in 2007 people were stuck with these adjustable rate mortgages which when adjusted, sent their payment through the roof, we don’t have that anymore. Rental rates were extremely low in 2007 so it was cheaper to go rent than to own, we don’t have that anymore. Our population has grown yet we have only managed to build around 22% of the housing that is needed to support those new members of our community. Therefore these signs all point to high demand for housing here.

All in all, the market is going to remain very strong for the foreseeable future, however expect to see more inventory and more options for home buyers.

Here are some stats to back that up:  

 

Closed Sales are down 15.9%,. Pending Sales are down 3.1%. The Median Sales Price was up 10.4% to $635k for Detached homes and 5.7% to $412k for Attached homes.
 
Buyers Advice: 
 
Alright, it’s time to get off that fence and buy now before interest rates go up even more – the Fed has come out and said they plan to do 2 more increases to interest rates within this year. You will definitely want to get into your new home before that happens! Also, we are finally seeing more homes hit the market, this means you can give yourself more time to be picky and make sure the home has everything you’re looking for! 
See all the new inventory for yourself (Click Here)
 
 
Sellers Advice: ​​​​​​​
 
With competition to sale higher than we have seen in last few years, you will really want to make sure your home stands out from all the rest! To do this best, you will need to make sure the home is suitably decluttered and arranged so it can be shown well, make sure the property photos are amazing & flawless, always review all marketing to make sure it is advertised correctly, and of course, make sure it’s priced right! If this sounds like a lot to do, you’re not alone & that’s why our  team created this specialty selling system that provides sellers with full service, start to finish so we when you list with us, we’ll do the rest, cut out the stress & always deliver the best! 
Ask us about our  (Hands Free Selling System)
 
 

  1. 4 beds, 2 baths
    Home size: 1,681 sq ft
    Lot size: 5,227 sqft
  2. 3 beds, 2 baths
    Home size: 1,227 sq ft
    Lot size: 2.39 ac
  3. 4 beds, 3 baths
    Home size: 2,301 sq ft
    Lot size: 10,890 sqft
  4. 3 beds, 3 baths
    Home size: 2,204 sq ft
  5. 5 beds, 2 baths
    Home size: 2,103 sq ft
    Lot size: 8,499 sqft
  6. 4 beds, 3 baths
    Home size: 1,734 sq ft
  7. 2 beds, 2 baths
    Home size: 1,077 sq ft
    Lot size: 1.27 ac

See all Real estate matching your search.
(all data current as of 4/23/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

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    9516 Welk View Court, Escondido, CA 92026

     

    New Listing in Rimrock Estates    •    COMING SOON!   •   Panoramic Westerly Views!

    Asking: $1,999,900

    4 Bedrooms Stunning 1-Story Hilltop Home
    3 Bathrooms Prestigious Rimrock Estates
    3000 sq.ft. Panoramic Views w/Infinity Pool

     

    Schedule your private showing, before it even lists!   Call Joseph,  888.503.3117

    Coming Soon! Magnificent 4 bed, 3 bath, single-story hilltop residence nestled high within the prestigious Rimrock Estates with breath-taking westerly views stretching 50+ miles across lush rolling hills out to the ocean & the Catalina islands. This spectacular home is stunning inside & out – quality construction masterfully emphasizes these beautiful views in almost every room across the expansive 3000 sq.ft. open-concept  living space. Features include vaulted ceilings, gourmet chef’s kitchen, separate wing with master suite + stunning master bath + HUGE walk-in closet with his & her custom built-ins!

    Majestic courtyard entry leads through custom iron gate down stone tiled path under vaulted breezeway lined w lush greenery & built-in fire pit. Enjoy unbelievable westerly views from your beautifully landscaped backyard oasis, complete with saltwater infinity pool & spa, outdoor kitchen / bbq / pegola patio. Wrap-around stone walkway continues along the west-facing bluff under an open-beamed pegola complete with a canopy of lush greenery, mature gardens and soothing water fountains throughout.

    This meticulous home demonstrates true pride of ownership – truly something special. Must see to fully appreciate! This hilltop gem is definitely one you do not want to miss! 

    Call today! 888.503.3117 

     

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      Spring is Here! San Diego is Blooming… 

      And the Housing Market is BOOMING!!!

      It’s finally Spring in San Diego! I don’t know about you, but this change has me saying “Hallelujah!” …With our days already longer, beach weather just around the corner & seeing all these beautiful flower fields here coming into full bloom… what’s not to love??

      Unfortunately that question isn’t a rhetorical one to local real estate professionals here…

      While living in San Diego has its many obvious perks, our housing market is still a bit of a problem patch… and concerns are mounting as we see this problem starting to grow like a weed…

      The general consensus is set to the same broken record you’ve been hearing here month after month… low inventory, fewer home sales and home prices still in a steady climb… Nothing new there. Now as we turn the corner on winter and spring into warmer months here in San Diego, it’s easy to see why everyone wants to live here… unfortunately the housing demand for our area is higher than the national average, so you can follow the dominoes to see how the growing gap between buyers and homes available brings us into more competitive buying conditions with more aggressive bidding, and thus higher sales being recorded in recent closed sales. We are still seeing this correlated market change continue across all of San Diego county.

      It’s no secret that in any sellers’ market, home buyers get the short end of the stick.. and with mortgage rates now starting to rise as well, now more than ever this ‘hot’ sellers market seems to be really stoking the fire under buyers to hurry and buy now.. before it’s too late!

      According to the Mortgage Bankers Association, the average rate for a 30-year fixed with 20% down payment is up to 4.5-4.6% (highest since 2014). While this isn’t any cause for worry to all those experienced and savvy in real estate, this rise brings quite a significant hurdle in terms of affordability for many potential first-time home buyers. With both factors now in play as we round the corner into spring and our “home buying season”, we believe we will soon see a more stable market here soon.

      Basically, this ‘hot’ sellers’ market that has been stoking the fire under home buyers will likely cool to a simmer here soon. 

      Here’s the stats we are seeing from last month:
      Buyers Advice: 
       
      While the stats may sound a bit discouraging for buyers, especially first-time buyers looking now… Remember: “We Got This”! It’s a competitive market for buyers now, yes..but it’s just like anything else. If you learn the game, practice and play to win, then when game day rolls around, you’re sure to bring your A-game! (..and if you also have an All-Star team ready to bat for you, who wouldn’t bet on you to win??
       
      But in all seriousness, we are about to roll into spring “home-buying” market here and already starting to see an uptick in homes for sale (meaning more opportunities & more options for you to buy)! So whether you’re just out of practice or a first-timer new to the game, it’s pre-season and you need to get ready! Get back in the game now – find yourself a Realtor who will work for your best interests – start there now. Let them be your coach and help you get in the game now… with many more options coming to market here soon, be ready to bring your A-game!  Contact the All-Star team here
       

      SOLD!! $18K OVER Appraised Value! / SOLD “As Is” / Highest Sale in Neighborhood…all in just 3 DAYS! Another *Hands-Free* Selling Success Story!!! our proven selling system delivers your best results, faster than all the other guys.. and we do it all, you don’t have to lift a finger!  Learn about our superior selling services here!

      Sellers Advice: 
       
      Yes, a lot of homes are selling fast, however we are still seeing poorly prepped homes sit on the market with horrible marketing efforts usually causing them to sell for much less than they should have. We see so many sellers drawn to these discount brokers or flat-fee services [*cough* Redfin *cough*]… unfortunately with discount fees comes cut-corners, confusing unpersonalized service and all the hassles of sitting on the market for much longer periods of time.. that means constantly maintaining a ‘show ready’ home, having to leave at a moments notice for constant showings… and if the home finally does sell, you have rookie agents you’ve never met doing the negotiating on your behalf…in a nutshell, homes are selling for much less than should with discount selling services.
       
      Our team instead believes in going the extra mile for our clients – with our Hands-Free Selling system, we hire our interior designer to create a game plan to maximize the selling potential by staging what you are currently working with. We also offer a decluttering/packing service, staging, cleaning & more.. coupled with our advanced marketing strategies and expertise selling local real estate in your area.. we offer a proven system to deliver our clients more money in a shorter amount of time. We will even compete with other agency rates! For your best possible results in your home sale, Contact Us Today!
       
       
       

      1. 4 beds, 2 baths
        Home size: 1,681 sq ft
        Lot size: 5,227 sqft
      2. 3 beds, 2 baths
        Home size: 1,227 sq ft
        Lot size: 2.39 ac
      3. 4 beds, 3 baths
        Home size: 2,301 sq ft
        Lot size: 10,890 sqft
      4. 3 beds, 2 baths
        Home size: 1,353 sq ft
      5. 4 beds, 2 baths
        Home size: 1,562 sq ft
        Lot size: 8,276 sqft
      6. 5 beds, 3 baths
        Home size: 2,144 sq ft
      7. 3 beds, 3 baths
        Home size: 1,810 sq ft
        Lot size: 5,227 sqft

      See all Real estate matching your search.
      (all data current as of 4/23/2018)

      Listing information deemed reliable but not guaranteed. Read full disclaimer.

       

       

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        It’s a New Year, New You!

        … & a New Housing Market, too??

         
        For the entirety of 2017, we were starting to feel like a broken record here…”Housing supply low.. Home values rising..” month after month.
         
        It’s no news to our readers here that the supply numbers across San Diego have been consistently low compared to years past, but FINALLY we experts agree that there could be a new story change coming soon to this tired market report. With housing prices consistently up across all markets, we should see more confident sellers bring up the listing activity in 2018. Also with this new tax reform, home purchasers will only be allowed to write off the interest paid o a loan up to $750,000 compared to the previous $1M. This could bring a slight decline in buyer activity this year for the higher end homes or investment buyers.

         
        Here are those nitty gritty numbers to back that up:
         

        Bottom line, all signs point to a brighter, more stable market coming soon to San Diego. Onwards ‘n’ upwards, folks! 

         
        Buyers Advice: 
        The holidays can often bring on a ‘market slow-down’ – this supply dip can discourage buyers when there are fewer new listings to be seen hitting the market. But remember, it’s only temporary! After all gets back in full swing, we tend to see inventory levels pick up again.. and now in week 3 of January 2018, sure enough it has! Local inventory has already gone up, and we will continue to see more homes and buying opportunities hit the market here soon.
         
        If you have been actively on the search for that perfect new place to buy… Don’t give up!! Keep at it – inventory numbers will rise and would be advantageous for you to get locked into a lower mortgage rate now rather than missing your chance! 
         

        **Pro Tip: For your best home buying results, contact an experienced agent and employ for your most knowledgable search resource and real estate advocate. 

         

         

        Sellers Advice: 
        It’s a new year! What does 2018 have in store for you? Be it a year destined for you to fill with adventure, self-improvement or success…you should consider selling your home!
         
        If you’re rolling your eyes, just hear me out! Yes, I am a realtor so this may seem biased – but my team are an advisory-based practice for local real estate. That means we are honest advisors to advocate and explore our clients’ best interest. For that reason I find it my job to make all my local homeowners aware of this potential *gold strike* opportunity they could have in this present market..
         
        If you want to make this 2018 your best year yet, then I strongly urge you to pick up the phone. This sellers’ mark
        et has become like a perfect storm for optimal home-sale results here in San Diego – selling your home now could very well be your *golden ticket* to make 2018 a year for fulfilling your dreams! 
         
        Start today – Make this your best year yet!  – Call 888.503.3117

        1. 4 beds, 2 baths
          Home size: 1,681 sq ft
          Lot size: 5,227 sqft
        2. 3 beds, 2 baths
          Home size: 1,227 sq ft
          Lot size: 2.39 ac
        3. 4 beds, 3 baths
          Home size: 2,301 sq ft
          Lot size: 10,890 sqft
        4. 3 beds, 3 baths
          Home size: 2,204 sq ft
        5. 5 beds, 2 baths
          Home size: 2,103 sq ft
          Lot size: 8,499 sqft
        6. 4 beds, 3 baths
          Home size: 1,734 sq ft
        7. 2 beds, 2 baths
          Home size: 1,077 sq ft
          Lot size: 1.27 ac

        See all Real estate matching your search.
        (all data current as of 4/23/2018)

        Listing information deemed reliable but not guaranteed. Read full disclaimer.

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          New Year, New Tax Reforms!

           
           
          As we near the end of this year and look on to 2018, we consider what the new year has in store for San Diego real estate… with a close ear to all that stirs up on Capitol Hill.
           
          This past year experienced one of the more consistent and predictable markets of this last decade, however as we watch this new tax bill come closer to being passed, we could see a significant impact shift our local housing market. Although the particulars to this bill are still being finalized, what we see as of now concerns the Capital Gains allowance. The new tax reform is looking to adjust the homeowner requirements from 2 out of 5 years to living in their home the full 5 out of 5 years in order to be eligible – which I can predict to have affective impacts on homeowners choosing to stay where they are vs. moving, thus increasing an already extreme shortage to our housing supply. If we see our housing inventory get even tighter in this year to come, we could see another 10-15% increase in local housing prices in 2018.
           
          But enough about predictions, here’s the facts from this last month…
          All-in-all, this has been one of the toughest 4th quarters for buyers, and one of the best quarters for sellers that we have seen in a long time.
           
           
          Buyers Advice: 
           
          If you are on the fence about buying a home, you may want to consider hopping off sooner rather than later! Considering this new tax reform and its predictable effect on our local housing market – you would be wise to buy now! Start your housing search here today!
           
           
          Sellers Advice: 
           
          We are seeing inventory levels at an all-time-low across San Diego county. This has caused home values to continue to climb! Your home may be worth significantly more than you think! To see how much your home could sell for in today’s market, find out here!
           
           

          1. 4 beds, 2 baths
            Home size: 1,681 sq ft
            Lot size: 5,227 sqft
          2. 3 beds, 2 baths
            Home size: 1,227 sq ft
            Lot size: 2.39 ac
          3. 4 beds, 3 baths
            Home size: 2,301 sq ft
            Lot size: 10,890 sqft
          4. 3 beds, 3 baths
            Home size: 2,204 sq ft
          5. 5 beds, 2 baths
            Home size: 2,103 sq ft
            Lot size: 8,499 sqft
          6. 4 beds, 3 baths
            Home size: 1,734 sq ft
          7. 2 beds, 2 baths
            Home size: 1,077 sq ft
            Lot size: 1.27 ac

          See all Real estate matching your search.
          (all data current as of 4/23/2018)

          Listing information deemed reliable but not guaranteed. Read full disclaimer.

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            Who Said the Housing Market is Slow During the Holidays???

            With the holidays around the corner, I think​​​​​​​ most homeowners and realtors alike are assuming the housing market will slow down here soon.. However, alongside having a white Christmas in San Diego – a slowdown in this housing market would also prove to be a Christmas miracle.
             
            Now the housing supply will dip due to homeowners not willing to move or show their homes during the holidays – however buyers are continuing to pursue what homes are on the market. This means numbers may be down, but competition to buy will only increase! I predict that prices will continue to climb through the holidays and into the new year. I do believe we will see more inventory hit the market in January – this is based on the intentions stated by the numerous potential sellers I speak with on a weekly basis.  Will it be enough supply to balance out the extreme demand of our current market? …only time will tell.
             
            Here are the numbers we are seeing now:
            Closed sales fell 7.7%, Pending Sales increased 4.2% and the Median Sales Price increased a whole 6.3% from this time last year. What is a true shock to the market is the inventory levels for Detached Homes plummeting to 26.9%.. this tells me that the market is in high demand for detached homes right now, however with supply levels still so low, we should expect to see prices for detached homes to climb quite a bit during this Holiday season.
             
            Buyers Advice: 
            Stay active throughout the holidays!! I can’t stress this enough. Yes, there will be less inventory..Yes, you will be busy during the holidays.. BUT there will be opportunities out there still, and now LESS competition going after the good deals! To make it easier on you, set up a search on our website and be emailed only the listings that match your search as soon as they come to the market!
             
            Sellers Advice: 
             
            I am going to suggest the opposite of what I tell buyers during this time… Consider NOT listing your home during the holidays. We will naturally see less buyers active in the market at this time, therefore you might get less for your home than you would in the heat of peak season. I would say the say the only people listing during the Holidays are those who really need to sell, or those selling detached homes (not condos)… San Diego’s detached homes inventory has dropped 26.9% compared to this time last year, therefore the demand remains high enough to likely help you get more for your detached home throughout this holiday season.
             
            Of course, the best approach to help optimize your home sales return is to simply have the right agent in your corner. Be sure to find an agent that is dedicated to you & deliver your best results!
             

            1. 4 beds, 2 baths
              Home size: 1,681 sq ft
              Lot size: 5,227 sqft
            2. 3 beds, 2 baths
              Home size: 1,227 sq ft
              Lot size: 2.39 ac
            3. 2 beds, 2 baths
              Home size: 1,077 sq ft
              Lot size: 1.27 ac
            4. 2 beds, 2 baths
              Home size: 1,349 sq ft
              Lot size: 5.07 ac
            5. 2 beds, 2 baths
              Home size: 1,350 sq ft
            6. 2 beds, 2 baths
              Home size: 1,164 sq ft
            7. 2 beds, 2 baths
              Home size: 1,150 sq ft

            See all City of San Diego Real Estate.
            (all data current as of 4/24/2018)

            Listing information deemed reliable but not guaranteed. Read full disclaimer.

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              San Diego Real Estate Update, September 2017

              Fall is Here! 

              Weather is Finally Cooling Down…

              But When Will this HOT Market Do the Same ??

              This time of year marks the bittersweet transition out of summer & into fall. Life seems to slow down as the weather starts to cool & the kids are back in school. Similarly, the housing market has historically seen a slight cool down in buyer activity around this time.
               
              However, market savvy buyers and sellers know that deals can still be made well into the school months – and with inventory levels still very low, we can expect competition to remain fierce to buy available listings. We are seeing very low days-on-market with multiple offer situations becoming less and less unusual for sellers on today’s market.

              All-in-all, as San Diego may now be finally cooling down outside, it’s safe to say that the heat in this housing market is here to stay!   Here are some stats to back that up…

              • Closed Sales decreased 6.4 percent for Detached homes and 11.0 percent for Attached homes.

              • Inventory decreased 27.9 percent for Detached homes and 22.1 percent for Attached homes. 

              • Days on Market decreased 9.4 percent for Detached homes and 15.4 percent for Attached homes. Supply decreased 31.0 percent for Detached homes and 21.1 percent for Attached homes. The prevailing trends lasted through summer.

              Buyers Advice: 
               
              We are so often asked the same question, “when is a good time to buy?”. Without a crystal ball, it’s hard to give a definitive answer for that question, but what we like to say is that the best time to buy is simply when you are able to buy. With home values still on the rise, there is a lot of talk that there will be an increase in mortgage rates within the year – so if you were thinking of buying in the next year or so, you should try to do so sooner than later to avoid facing higher monthly payments!
               
              * Pro Tip: Speak with a lender to help determine what monthly payments you are comfortable making.. Don’t have a Lender? We have some great recommendations! 
               
               
              Sellers Advice: 
               
              Sellers are seeing their homes sell with multiple offers in a very short amount of time, and for Top Dollar! We are in a HOT Sellers’ Market – Sellers carry most of the control here. With more pressure on buyers to make a purchase, buyers might be willing to make more concessions to help you accept their offer and seal the deal. You may be able to ask to rent-back the home for a short period to give you more time for moving and/or make your home sale contingent upon you first finding a new place to live.
               
              Of course, the best approach to help optimize your home sales return is to simply have the right agent in your corner. Be sure to find an agent that is dedicated to you & deliver your best results!
               

              1. 4 beds, 2 baths
                Home size: 1,681 sq ft
                Lot size: 5,227 sqft
              2. 3 beds, 2 baths
                Home size: 1,227 sq ft
                Lot size: 2.39 ac
              3. 2 beds, 2 baths
                Home size: 1,077 sq ft
                Lot size: 1.27 ac
              4. 2 beds, 2 baths
                Home size: 1,349 sq ft
                Lot size: 5.07 ac
              5. 2 beds, 3 baths
                Home size: 1,514 sq ft
              6. 2 beds, 2 baths
                Home size: 1,350 sq ft
              7. 3 beds, 2 baths
                Home size: 1,864 sq ft
                Lot size: 16,600 sqft

              See all City of San Diego Real Estate.
              (all data current as of 4/23/2018)

              Listing information deemed reliable but not guaranteed. Read full disclaimer.

               

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                We are feeling the pain… the inventory shortage pain!

                 

                We have seen a slowdown in sales in most parts of San Diego… but we continue to see prices increase! This is because we still have a lot of buyers entering the market, presumably due to our thriving local economy, our unemployment rate being well below the national average, and we have also seen wages increase.  So what can we expect moving forward? We will continue to see the crunch on inventory which, in turn, will cause bidding wars and price increases. For homeowners who are thinking about selling? This is great news! For buyers? Not so much… However, we are expecting to see a spike in new development with lots of new construction hitting the market in the next 4-12 months, so stay tuned!

                 

                Here are some stats to back that up:

                Closed sales decreased 8.7% compared to this time last year, the more shocking number is that Inventory has decreased 26.4%! Yes that is a big difference and something that needs to increase if we wish to see a more stable controlled market. This has caused our Median Sales Price to increase 10.1% across the county.

                 

                July 2017 Real Estate update

                Buyers Advice: 
                 
                Buyers really need to be patient, yet aggressive. Be patient by resisting the urge to jump into a deal just because the market is so competitive – wait until you find the right deal, and then be aggressive and go after it! Remember, having the right agent at the ready is a great way to ensure you will have a strong offense to close the deal.
                For helpful tips, watch my video for 3 Buying Hacks!  
                 
                 
                Sellers Advice: 
                 
                This market is hot and when you are selling anything, timing is everything. So if you are thinking of selling this year, now is the time to do it. Make sure to hire a great agent who will be looking out for your best interest. There is a common scam we are seeing happen right now – don’t let this be you! Watch this video to learn more.
                 

                1. 4 beds, 2 baths
                  Home size: 1,681 sq ft
                  Lot size: 5,227 sqft
                2. 3 beds, 2 baths
                  Home size: 1,227 sq ft
                  Lot size: 2.39 ac
                3. 2 beds, 2 baths
                  Home size: 1,077 sq ft
                  Lot size: 1.27 ac
                4. 2 beds, 2 baths
                  Home size: 1,349 sq ft
                  Lot size: 5.07 ac
                5. 2 beds, 3 baths
                  Home size: 1,514 sq ft
                6. 2 beds, 2 baths
                  Home size: 1,350 sq ft
                7. 3 beds, 2 baths
                  Home size: 1,864 sq ft
                  Lot size: 16,600 sqft

                See all City of San Diego Real Estate.
                (all data current as of 4/24/2018)

                Listing information deemed reliable but not guaranteed. Read full disclaimer.

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                  The Battle Continues… the Inventory Battle that is!

                  Throughout most of the County, we continue to battle an inventory shortage issue which is causing home values to significantly increase. This condition has lead many people to believe that we must be in some type of market bubble; however, the problem with this logic is that there are no valid indications of the market slowing down. Quite the opposite. We live in a market now without subprime mortgages, $0 down loans, or no stated income loans – lenders have MUCH stricter qualifications that serve as a market safeguard during a rising sales spike. Now, if we apply the law of averages, we can predict that things will eventually slow down, but so long as inventory stays this low, all signs confirm that this competitive sales market is here to stay.

                  Here are the numbers I am referring to…

                  June 2017 San Diego Real Estate Market updates

                  Closed sales have decreased -4.3% from this time last year, even worse is the current amount of inventory is down to -25.2% !!! With such minimal levels of inventory, of course the Median sales price has increased to 8% compared to this time last year, and caused the average days on market to decrease 31.2%.

                   

                  Buyers Advice: 

                  This market is hot, so don’t get burned and rush to buy something out of fear. Get prepared and take your time… wait for the right opportunity to arise. For helpful tips, watch my video for 3 Buying Hacks!

                  Click Here to Watch Video

                   

                  Sellers Advice: 

                  If you have been on the fence about selling, it’s time to get off! You’ve probably seen a few signs go up in your neighbors’ yards, then in no time there’s moving vans bringing in your new neighbors. It’s clear that now is a great time to sell; however, we continue to get the same questions and concerns… what to do if you need to buy a home after selling ? Well… we have a guide for that!

                  1. 4 beds, 2 baths
                    Home size: 1,681 sq ft
                    Lot size: 5,227 sqft
                  2. 2 beds, 2 baths
                    Home size: 1,350 sq ft
                  3. 3 beds, 2 baths
                    Home size: 1,864 sq ft
                    Lot size: 16,600 sqft
                  4. 3 beds, 2 baths
                    Home size: 1,398 sq ft
                  5. 3 beds, 2 baths
                    Home size: 1,800 sq ft
                    Lot size: 18,295 sqft
                  6. 2 beds, 2 baths
                    Home size: 1,701 sq ft
                    Lot size: 8,276 sqft
                  7. 3 beds, 2 baths
                    Home size: 1,788 sq ft

                  See all City of San Diego Real Estate.
                  (all data current as of 4/24/2018)

                  Listing information deemed reliable but not guaranteed. Read full disclaimer.

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