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Low Inventory and High Demand = Real Estate Frenzy

Low Inventory and High Demand = Real Estate Frenzy

September 11, 2020

What a summer it has been here in San Diego! Buyer demand remains the bright spot in the housing market as low interest rates and a slowly healing economy continue to drive this market up. Inventory remains the biggest obstacle as supply cannot keep up with demand.

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What's a Coronavirus Real Estate Market Like

What's a Coronavirus Real Estate Market Like

July 6, 2020

As the phase 2 reopening entered its second month in California, the recovery is proceeding at a cautious pace. While the rebound in the economy is uneven, the housing market continues to exhibit strength and remains one of the most promising sectors, poised to lead the economy forward. Despite home sales declining more than 30 percent in both April and May, the surge in recent market activity fueled by record low mortgage rates suggest that the market will recover some ground in the coming months.

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Coronavirus and Real Estate

Coronavirus and Real Estate

May 4, 2020

Coronavirus, COVID-19 or the "Rona" are all words we have heard repeatedly throughout the last weeks / months accompanied by terms like "shelter in place" and "social distancing". What does all of this mean as it pertains to the real estate market can be summed up in one word "CHANGE".

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Coronavirus and Mortgage Rates

Coronavirus and Mortgage Rates

March 10, 2020

The coronavirus, stock market turmoil, and mortgage rates are all topics of discussion circulating our local and world news. As coronavirus fears hit financial markets, U.S. bond yields are tanking, pushing mortgage rates that loosely follow the 10-year Treasury yield toward an eight-year low. Rates today with strong financials and credit scores are between 3.25% and 3.5% for a 30 year fixed mortgage.

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2020 Housing Forecast

2020 Housing Forecast

January 9, 2020

All signs point to a healthy real estate market in San Diego county for 2020. Strong job market and low mortgage interest rates should help keep the market stocked with qualified home buyers.

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