Category Archives: Homeownership

Homeownership, Housing Appreciation, Housing Market, Market Statistics

San Diego County Housing Market Report January 2015

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HomeDex housing market reportThis month’s San Diego County housing market report looks positive. The December numbers show healthy appreciation. These aren’t the twenty to twenty-five percent annual appreciation numbers we saw for many months straight, but a continuation of the sustainable growth we saw throughout most of 2014.

Take a look at the North County and San Diego County summaries below, or click on the links for a detailed look at December’s statistics. You may also want to go to The San Diego Union-Tribune’s recently published article reviewing San Diego County’s housing market for 2014. It’s full of good information.

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Home Buyers, Home Sellers, Homeowners, Homeownership

Should You Downsize Your Home?

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downsizingWith roughly 12.5% of the population over 65 years of age, it is understandable that some people are thinking of downsizing because they may not need the amount of space they did in the past. There is something to be said for the freedom acquired by divesting yourself of things that have been accumulated over the years but are no longer needed. Should you downsize your home? It does have its benefits.

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Home Maintenance, Homeownership

The Heat Is On

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the heat is on thermostatAs the weather gets cooler and you get ready to turn on the heat, it’s a good time to check your HVAC (heating, ventilating and air conditioning) system to make sure it’s operating properly. While it’s wise to have your HVAC inspected by a heating professional every fall and spring, you can increase the efficiency of your system by following these simple maintenance tips from American Home Shield.

Now:

Use a high-efficiency pleated filter with an electrostatic charge that works like a magnet to grab the tiniest particles. Replace the filter every 90 days and check it monthly. If it looks dark and clogged, change it, and if you have pets, you may need to change it more often.

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Homeownership, Housing Appreciation, Housing Market, Market Statistics

Housing Statistics Reports for San Diego County and North San Diego County October 2014

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HomeDex logo housing statisticsAfter 26 straight months of year-over median price increases, North County single family detached homes finally saw a decrease of 0.88 percent in October. That was not the case countywide where prices of detached homes increased 4.20 percent.

The months of double digit appreciation that peaked in mid-2013, the normal market slowdown that comes as we approach the holidays, and fewer investors in the market are all factors in the slowdown.

To read the full housing statistics reports, click on the links below.

North County Summary

• The median price for all North County home sales attached and detached decreased to $508,250 in October 2014 compared to $513,500 in September 2014.

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Homeownership, Housing Appreciation, Housing Market, Market Statistics

Housing Statistics Reports for San Diego County and North San Diego County September 2014

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HomeDex logo housing statisticsMedian prices of single family detached homes in San Diego County overall and in North County specifically showed an increase of slightly over five percent compared to the previous year. This puts appreciation very close to historical averages. Investors and foreclosures no longer have a strong influence in our market. It is being driven by more traditional factors such as wages and interest rates.

Inventory is still on the tight side with under four months’ supply, but higher than it was at this time last year as can be seen in the chart below.

To read the full housing statistics reports, click on the links below.

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