May 1, 2017

Layne and Rachel Harrison


The spring season in 2017 is the best time to sell your home. As we enter into May, we are definitely still in a sellers market. Desirable properties that are priced correctly are getting multiple offers and going off the market quickly. This is due to the low inventory which is benefiting sellers tremendously by making homes more valuable. The San Diego County median home price reached its highest point in a decade and a realized a 7.7% increase in a year. It continues to be a competitive season for buyers because of the high demand and low inventory. The housing market could see a boost in home buying as people are trying to lock into a lower mortgage before rates increase. Another enticing reason buyers are motivated to buy is that the San Diego rental market is projected to increase 3.6% in 2017 and 3.4% in 2018. Contact us if you are considering buying or selling.