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What can you expect from the summer real estate market?

The biggest change in the past 4-6 weeks is the sharp increase in mortgage interest rates. Despite higher mortgage interest rates, home prices are likely to continue to rise in most communities, but at a slower pace than we’ve experienced over the past two years. The low inventory of available homes for sale combined with strong buyer demand means there are still bidding wars on remodeled properties that are priced correctly within the market. There are simply not enough homes for sale compared to the buyer demand. San Diego is an incredibly desirable place to live and many buyers are coming from Los Angeles, San Francisco, New York, Chicago and many other areas around the country. If you are considering selling, let us help prepare your home for sale to maximize your profits in this strong seller's market. If you are considering buying a home, we have helped many buyers make their dreams a reality in this market and we can help you create a winning strategy too. Contact us to discuss your unique buying or selling situation.

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