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July 2020 Real Estate Market Update for East San Diego County

Did you ever wonder how much the Housing Market really affects the overall economy? Here’s July Market Update, 2020. Here’s the deal, nationwide each time someone decides to purchase a home, there is on average of over eighty-eight thousand dollars ($88,000) of economic growth spurring from homes selling into the cities and towns where the … Continued

Is the Health Crisis Driving Buyers Out of Urban Areas?

Is the Health Crisis Driving Buyers Out of Urban Areas? The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban … Continued

A Historic Rebound for the Housing Market

Housing Market

A Historic Rebound for the Housing Market. . Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales … Continued

Add Value To Your Home With These 9 DIY Improvements

  Add Value To Your Home With These 9 DIY Improvements Whether you’re prepping your house to go on the market or looking for ways to maximize its long-term appreciation, these nine home improvement projects are great ways to add function, beauty, and real value to your home. The best part is, once you’ve secured … 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

Is The Economic Recovery Already Underway?

Is the Economic Recovery underway? The Wall Street Journal just released their latest monthly Survey of Economists. In an article on the findings, they reported: “The U.S. economy will be in recovery by the third quarter of this year, economists said in a survey that also concluded the labor market will fare better than previously expected following the effects of … 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

What The Experts Are Predicting For Our Economy

What The Experts Are Predicting For Our Economy

What is happening to our economy? What’s happening in Real Estate? I know it’s a scary time and with all the negative news, but I feel it’s important to look at what the Experts are saying and base our decisions on that information.   One question we always get is ”What’s happening in the real estate … Continued

A Tale of Two Zip Codes: 91977 vs 91941

a tale of two zip codes 91977 vs 91941

For this week’s “A Tale of Two Zip Codes”, let me share with you the differences between 91977 & 91941.  See “A Tale of Two Zip Codes: 92115 vs 91942”                                 91977 vs 91941      91977     91941 9.7 sq. mi Land … 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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