Housing Market Glance for October 2014 (Latest Figures)

The chart below shows the latest existing home sale numbers for October, as well as median home prices, unsold inventory index, median time on market, and the housing affordability index. The National Association of Realtors reported a 2.5% increase for the homes sold in October, compared to the same month a year ago. This makes…

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Should Sellers Have a Home Inspection Prior to Listing?

Today on Twitter a follower made a comment about the benefits of having a home pre-inspection prior to listing a property. There are some agents who recommend doing so and it can be a good idea. However there are also agents who would not recommend doing so because it could open up a can of…

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San Diego Housing Market Update for September 2014

What is happening with the housing market? That is a big question right now all across the country. Of course, it is not truly possible to give an answer that will cover all parts of the country. Let’s look at San Diego County and focus on some of the things that are affecting home sales.…

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Why Does the Listing Inventory Remain Low?

This is the number one question I get from buyers today…it is Spring/almost Summer, so why are there not more listings available? While I have blogged about this topic several times before, I thought I would discuss the main reason I believe we are not seeing more inventory in many areas right now, including here…

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Market Time Down – Shortest Since 2005

Market time across California is down, and the number of days most homes spend on the market has decreased immensely. Chalk it up to a high demand but low supply of inventory. It’s a great time to sell a home. Check out these numbers from the California Association of Realtors:

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Real Estate News May 2014

There is a lot of news out there in the real estate world, so let’s cover some important items you should know. Property tax reassessment deadline extended in San Diego County: If you are trying to get your property taxes reassessed you are in luck. The county assessor has extended the deadline for filing reassessment…

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It’s a Seller’s Market, But Where are the Sellers?

You may have read lately that here in Southern California home prices continue to rise. You may also have noticed that there do not seem to be many homes listed for sale. Combine that with the fact that there are definitely buyers out there looking for homes to purchase, interest rates are still historically low,…

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