Category Archives: San Diego County

San Diego County Real Estate Report October 2015

HomeDex San Diego County Real Estate ReportThis month’s San Diego County real estate report shows September home prices dropping slightly in both San Diego County as a whole and in North San Diego County according to the North San Diego County Association of REALTORS® and the Greater San Diego Association of REALTORS®.

Although this recent dip in prices slightly improves affordability in San Diego County, it follows strong price increases over the spring and summer months. Experts expect these increases to continue even with the interest rate hikes anticipated later this year. UCLA Anderson Forecast’s third quarter report predicts employment and income growth in California paired with a shortage of new construction through 2017. This, combined with our ongoing lack of resale inventory, will maintain pressure on housing prices in San Diego County.

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

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San Diego County Housing Market Report September 2015

HomeDex housing market reportAfter an exceptionally hot summer of home sales, the San Diego County housing market report for August cooled a little. North County prices for all property types dropped 1.4 percent compared to July, but still saw a sustainable 3.8 percent rise over the previous year.

But even with August’s cooling, the North San Diego County market remains pretty hot. In addition to the continued year-over price increases, there were increases in both closed and pending sales compared to the previous year. We also saw both a month-over and year-over decrease in the supply of available homes.

The format for the monthly HomeDex report has changed. If you click on the links below, you can see detailed North County monthly indicators along with local market updates for Metro San Diego County, East San Diego County and South San Diego County.

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

Continue reading San Diego County Housing Market Report September 2015

Real Estate Is on Track for Best Year Since 2006

real estate is on trackIn their midyear report, Realtor.com said residential real estate is on track for the best year since 2006. They attribute job growth and high rents for the rising demand. The threat of higher interest rates is also pushing up sales. Read the full article here.

We’re Hot, Hot, Hot

Realtor.com announced California as having almost half of the 20 hottest housing markets in the country in June, with San Diego coming in 12th on its list. They ranked medium to large sized cities by views relative to the number of listings and by the median days homes spent on the market.

Continue reading Real Estate Is on Track for Best Year Since 2006