Real Estate Market Update June 2020

It certainly has been a challenging time for all of us, but the real estate market does not seem to be affected. There are fewer homes for sale now than at any time since 2006 – according to Altos Research – and the number of listed homes seems to be falling rather than increasing, as…

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Real Estate Market Update: What’s In Store for Q2, Q3 and Q4?

In an effort to get as much information as possible out there to my clients and those interested in the real estate market during these troubled times, here is some important information to keep in mind. According to industry experts on the front lines (lenders and real estate people), home prices are expected to drop…

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Great News for First Time Buyers

As many buyers are aware, the market has been slowly shifting to a buyer’s market, and this is great news for buyers. Here are some reasons why buyers can get excited about the market right now: 1. Homes priced in the lower third of the price range in San Diego county have been showing continual…

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What’s Going on in the San Diego Real Estate Market?

As summer heat starts to roll into San Diego, real estate is (no surprise) also a hot commodity. Home prices in San Diego have been increasing for several years, and prices have risen 8% in the last year alone. They continue to rise in many areas during this busy summer season. Real estate booms can…

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Possible End to Housing Shortage in CA?

There is a new voter measure that could put an end to the housing shortage in California if placed on the November voting ballot and passed. The proposition would allow homeowners 55 and older to reap tax benefits upon selling their homes by eliminating the “disincentive” to sell, and making it possible to move to…

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Home Seller Dilemma: Sell Now or Wait Until Spring?

A lot of homeowners have been wondering whether to sell now or wait until Spring. While Spring and early summer are typically the best times to sell, when a large majority of buyers are searching for homes, this year there is no reason to wait if you are a seller…and here is why: Low Inventory…

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5 Changes to Real Estate Markets That May Be on the Horizon

As many in the real estate industry anticipated, the mortgage interest rate has been raised, and predictions are that rates will go up again, possibly multiple times this year. What does that mean for home buyers, sellers and the real estate market in general? 1. Inventory will likely remain low. Since inventory in most markets…

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Still on the Fence? U.S. Home Prices are Still Rising

The new housing report was released yesterday by Case-Shiller, indicating that U.S. home prices are still rising. Of course this is really area dependent, but if you are a potential buyer or seller you might feel worried, and justifiably so. Keep reading for important information and advice. The report covers major metropolitan cities and states…

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Is the Real Estate Market Slowing Down?

It has been an interesting time lately in the real estate market, and it is difficult to figure out exactly what is going on – is it slowing down, is it still hot…many people are confused. It really depends on your specific area, but there are some interesting things going on in my local markets…let’s…

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