Posted in the Pricing Category
San Diego Real Estate Market Update – July 2019
July 23rd, 2019
Buyer foot traffic is down from prior years and inventory is rising but it is still a seller's market. After several years of declining inventory and supply, inventory was so low that we have not hit a balanced market. A balanced market is approximately 6 months of inventory. We are currently at 2.8 months in... Read More
What’s Going On With Home Prices in San Diego?
October 21st, 2018
Reports are showing that the real estate market is slowing down but how does the San Diego real estate market compare? National Home Prices up 5.5% from August 2017 According to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home... Read More
What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?
August 24th, 2018
Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in... Read More