The market slowed down in July with fewer pending and closed sales compared to June. But because there were also fewer new listings, inventory stayed at a very low 2.4 months’ supply countywide.
Real Estate Report
This low inventory continues to keep pressure on home prices in San Diego and North San Diego County. A lack of resale homes, rising prices and a dearth of middle- and low- income building is causing a housing crisis for both buyers and renters. It is hitting the middle class especially hard.
KPBS™ interviewed Matt Adams, vice president of San Diego’s Building Industry Association. He says new housing is creating an “hourglass” market by building more homes for people at the top and bottom of the economic ladder, but few for people in the middle.
Interest Rates
Market Updates
Click on the links below to read the full housing statistics reports.
Continue reading August 2016 San Diego County Real Estate Report and Interest Rates
Romantic lighting can really add drama and whimsy to an otherwise dull outdoor space. Try stringing lights over a patio for a look that recalls street cafes and romantic restaurant patios.
North County and San Diego County Events – August 2016 certainly feel like summer. There are so many outdoor activities — concerts, movies, star gazing, sailing, surfing, horse racing, car shows, even a street fair for dogs! If you’re looking to beat the heat, no worries. There’s plenty to do indoors too!
Maybe your dream home has the intricate details that you usually find only in older construction — wainscoting and crown molding in the interior, a large yard with an older tree shading the back yard, and a white picket fence.
Before your home goes on the market, you want to make sure it looks its best for potential buyers. Once you have an accepted offer, the next person you need to worry about is the home inspector. The home inspector will be looking at many things your buyer did not. Here are 14 easy fixes to make before your home inspection.
North County and San Diego County Events – July 2016 will keep you busy. There are so many fun things to do in July.
Whether you’re putting your home on the market this year or in the next five years, it is a smart decision to start building your home’s resale value now. Here are some ways to create a comfortable home while making it easier to put more money into your bank account on closing day.