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Guidance and Support Are Key When Buying Your First Home in La Mesa San Diego

Guidance and Support Are Key When Buying Your First Home in La Mesa San Diego

Guidance and Support Are Key When Buying Your First Home in La Mesa San Diego. . In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR): “The share of first-time buyers increased in March through … Continued

Three of the Latest Reports Show Housing Market in La Mesa Is Strong

Three of the Latest Reports Show Housing Market in La Mesa Is Strong FI

What’s happening to the housing market in La Mesa? The residential real estate market is remaining resilient as the country still struggles to beat the COVID-19 pandemic. Three separate reports recently revealed how the housing market is still showing growth. Here’s a look at each one. 1. Ivy Zelman’s Real Estate Broker Survey The survey explains … Continued

Thinking of Selling Your House in La Mesa San Diego CA?

Thinking of Selling Your House in La Mesa, San Diego, CA_

Thinking of Selling Your House in La Mesa San Diego CA? Now May be the Right Time. Inventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes to purchase than there are sellers selling them, so the scale is tipped in favor of the … Continued

Why Are Home Prices Going UP in La Mesa and San Diego, CA?

Why Are Home Prices Going UP in La Mesa and San Diego, CA_

Why are Home Prices still going up in La Mesa and San Diego? How and why are home prices continuing to go up in San Diego is a question I am getting a lot lately. The answer is simple: supply and demand. First, let’s take a look at this graphic from Zillow. It shows that … Continued

Does Your Home Have What La Mesa Home Buyers Are Looking For?

Does Your Home Have What La Mesa Home Buyers Are Looking For_

  Does Your Home Have What La Mesa Home Buyers Are Looking For? There’s great opportunity for today’s homeowners to sell their houses and make a move, yet due to the impact of the ongoing health crisis, some sellers are taking their time coming back to the market. According to Javier Vivas, Director of Economic Research at realtor.com: “Sellers continue … Continued

Taking Advantage of Homebuying Affordability in Today’s Market

Taking Advantage of Homebuying Affordability in Today’s Market

Taking Advantage of Homebuying Affordability in Today’s Market. . . Everyone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception. Understanding how affordability works and the main market factors that impact it may help those who are ready to buy a home narrow … Continued

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate! Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – … Continued

Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain. The report notes: “CoreLogic analysis shows U.S. … Continued

Three Reasons Home buyers Are Ready to Purchase This Year

Home Buyer

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all home buyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph below): Let’s break down … Continued

Home Prices in La Mesa, CA: It’s All About Supply and Demand

As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of … Continued

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