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San Diego Home Prices Predicted to Drop
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According to a recent study from the University of California San Diego, San Diego’s booming real estate market may be facing a downward trend in home prices by the end of this year. The study predicts that San Diego housing prices will drop by 12% by the end of 2023, higher than the national average... Read More
Do These 7 Things Before Putting Your San Diego Home on the Market
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Preparing Your San Diego Home for the Market It is no secret that mortgage rates are coming down, and many Californians are getting ready to list their home for the spring market. Whether you are considering listing your home for the spring or summer or are watching the rates closely to determine when to put... Read More
Relief for Homebuyers in 2023?
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Homebuyers across the country experienced some relief in December 2022 as the housing market continued to normalize. So, will 2023 bring more relief to American buyers? December 2022 December saw the national median home list prices drop 11% from its peak last summer. Home prices were up just over 8% year-over-year in December 2022. However,... Read More
San Diego Housing Market Update
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Welcome to 2023! What is it going to be? Although many of us are happy to see 2022 go, it was a good year for the most part, especially if you were a seller in March. San Diego Market Recap And then the rates changed. We went from a fabulous SNL skit for all those... Read More
Why Today is Nothing Like the 2008 Housing Crash
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According to LendingTree, a recent survey showed 41% of Americans fear a housing crash. Even though the Great Recession happened nearly fifteen years ago, many homeowners can’t help but worry that today’s market will mirror the Housing Crash of 2008 – a time when the housing market was on fire and then abruptly hit a... Read More
California Buyers are Back in the Driver’s Seat
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Recent media headlines have left prospective California homebuyers feeling hopeless. Many home shoppers are feeling despaired with our recent mortgage rate hikes, costly home prices, and a low housing inventory. Interest rates are higher, home prices are steep, and inventory is not ideal; if you look at the data, you will understand buyers have more... Read More
How to Sell Your San Diego Home in a Slow Real Estate Market
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Many San Diego sellers are discouraged by high-interest rates and a looming recession. Potential home sellers may feel there are better times than now to sell their houses. However, it is still a good time to sell. Read on to find effective ways to sell during a market slowdown. Ideas for San Diego Sellers During... Read More
Why are People Moving
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Buying a home is a significant life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. It is Still a Good Time to... Read More
Time to Reconsider Buying: The Market is Shifting
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If you’ve been thinking about selling your home but aren’t sure where you would go, now may be an excellent time to reconsider. That’s because the real estate market is shifting, and the number of homes for sale is rising. The increase in supply means that buyers now have more options to choose from. Whether... Read More
What Does a Recession Mean for the Housing Market?
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According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings up... Read More
