Category Archives: San Diego County Housing Market

How’s the Market?

How's the Market?

While no one can predict the future with certainty, most experts expect to see modest growth in the U.S. housing market for the remainder of this year and next. Inventory while still tight, has started to creep upward. Mortgage rates will continue to climb, and affordability will remain a major issue in many parts of the country.

So what does that mean for San Diego County home buyers and sellers? If you ask me right now how the market is, I’d say just like our fall weather—cooling. Let’s take a closer look at some of the top indicators.

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March 2018 San Diego Housing Market Report

March 2018 San Diego Housing Market Report

The March 2018 San Diego Housing Market Report shows February picking up steam. Job growth in San Diego County is strong, and incomes are expected to grow. This along with a lack of homes available for purchase, both new and resale, continues to fuel price increases. Interest rates are rising though, and this limits buyers’ ability to qualify. This is expected to slow down home appreciation in 2018.

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February 2018 San Diego Housing Market Report

February 2018 San Diego Housing Market Report

The February 2018 San Diego Housing Market Report shows January as a fairly quiet month. This is expected after the holidays. That being said, we still saw continued price increases and tight inventory in San Diego and North County. In fact, San Diego ranked sixth on the hottest U.S. markets list from realtor.com®.

Change may be coming though. Interest rates are increasing. These higher rates will decrease buyer’s purchasing power. Tax law changes now limit property tax deductions. With these changes, experts expect price increases to continue, but at a slower pace. They also see more inventory coming on the market by the end of the year.

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January 2018 San Diego Housing Market Report

January 2018 San Diego Housing Market Report

The January 2018 San Diego Housing Market Report reveals continued price increases and an even tighter inventory in San Diego and North County. This is great if you are planning on selling your home, but frustrating if you are looking to buy one.

Even with our tight inventory, it might not be a good idea to wait to buy. Many experts think appreciation will continue, but slow down. Interest rates are expected to increase. So is inventory, but not until late in the year. I have more information about what to expect in the 2018 real estate market in this recent post.

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What to Expect: Real Estate in 2018

Real Estate in 2018

As we head into a new year, the most common question I receive is, “What’s the outlook for real estate in 2018?”

It’s not just potential buyers and sellers who are curious; homeowners also want reassurance their home’s value is going up. The good news is that a strong U.S. economy, coupled with low unemployment rates, is expected to drive continued real estate growth in 2018. However, changes on the horizon could significantly impact you if you plan to buy, sell or refinance this year.

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December 2017 San Diego Housing Market Report

December 2017 San Diego Housing Market Report

The December 2017 San Diego Housing Market Report shows year-over price increases jumping back up to double digits after dropping to a more sustainable rate of approximately 5 percent last month.

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November 2017 San Diego Housing Market Report

November 2017 San Diego Housing Market Report

The November 2017 San Diego Housing Market Report shows a slight slowdown. That being said, San Diego still ranked fourth on the hottest U.S. markets list from realtor.com® for October.

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San Diego’s Most Expensive Homes

San Diego's most expensive homes
Pacific Sotheby’s Int’l Realty

San Diego County has some pretty pricey real estate. Our great climate and beautiful coastline make this an incredible place to live. What are San Diego’s most expensive homes? Here are the top eight currently up for sale. What makes these eight homes such high-ticket items? How about ocean front locations, hundreds of acres, garages that hold 30 cars, and enough square footage for all of the horses in the Breeder’s Cup plus their riders and grooms.

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October 2017 San Diego Housing Market Report

October 2017 San Diego Housing Market Report

The October 2017 San Diego Housing Market Report is showing strong year-over price increases, and a continued drop in the number of new listings and sales compared to 2016. Despite our lack of inventory, the San Diego County market moved up to number five on the hottest U.S. markets list from realtor.com® for September.

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September 2017 San Diego County Real Estate Report and Interest Rates

September 2017 San Diego County Real Estate ReportThe September 2017 San Diego County Real Estate Report continues to indicate strong price increases, fewer sales, and even fewer homes coming on the market. The real estate news magazine first tuesday Journal predicts that once San Diego makes a full job recovery in 2018, real estate sales volume will rise and peak in 2020 or 2021.

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