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Real Estate Market: Is the Number of Homes for Sale Finally Growing?

Real Estate Market Is the Number of Homes for Sale Finally Growing

Real Estate Market: Is the Number of Homes for Sale Finally Growing? An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many … Continued

Homeownership: 5 Tips for Making Your Best Offer

Homeownership: 5 Tips for Making Your Best Offer

Homeownership: 5 Tips for Making Your Best Offer In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams. … Continued

Why It’s Still Safe To Sell Your Home in La Mesa CA

Why It’s Still Safe To Sell Your Home

If you’re on the fence about whether or not you want to sell your home this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these … Continued

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?

Home Price Appreciation Is Skyrocketing in 2021.

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price … Continued

Why 2021 Is Still the Year To Sell Your House in La Mesa CA

Why 2021 Is Still the Year To Sell Your House

Why 2021 Is Still the Year To Sell Your House in La Mesa CA If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than … Continued

What Do Experts Say About Today’s Mortgage Rates in San Diego CA?

What Do Experts Say About Today’s Mortgage Rates?

What Do Experts Say About Today’s Mortgage Rates? Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the … Continued

More Young People Are Buying Homes in San Diego CA

More Young People Are Buying Homes

More Young People Are Buying Homes in San Diego CA. There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked … Continued

Are Houses Less Affordable in La Mesa CA Than They Were in Past Decades?

Housing Market: Are Houses Less Affordable Than They Were in Past Decades?

Housing Market: Are Houses Less Affordable Than They Were in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a … Continued

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