Is San Diego now in a Buyers Market?
Have we finally hit a Buyer’s Market here in San Diego? Looking at the week over week data versus the month and the year data, things are starting to take a turn. We’ve been seeing this coming for a bit – median prices aren’t reflective of that though. They’re very, very high as I just reported o
Read MoreHow are High Interest Rates impacting Home Buying Power
With interest rates rising, how much purchasing power do you actually have when buying a home? As interest rates rise, houses are obviously getting more expensive with that monthly payment. What a lot of people are saying as well, “I’m going to wait for the housing market to drop”. Well, first of
Read MoreSan Diego Housing Market Forecast- May 13-19, 2022
It appears we are transitioning rapidly into a buyers market as available inventory has risen 70% in the past two months and new Pending sales continues to fall. We now have a little over 1 month of inventory available based which isn’t a lot, but we were at a 1/2 month supply of a homes just a coup
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