June 9, 2017

Layne and Rachel Harrison


The current real estate market in San Diego is marked by high demand and low inventory which is the major cause of price appreciation. These two factors have pushed the median home price in San Diego above previous milestones reached. How far prices could continue to rise is unclear. For now, buyers still have low mortgage interest rates in their favor. Buyers definitely need to be well prepared in order to compete in this market as they are seeing multiple offers on almost any home for sale. Sellers have the advantage in this market as they have seen their property values continue to reach new benchmarks and they have strong buyer demand in their favor. Contact us if you are considering buying or selling.