It's a New Year, New You! ...& a New Housing Market, too??
January San Diego Real Estate Update 2018
For the entirety of 2017, we were starting to feel like a broken record here..."Housing supply low.. Home values rising.." month after month.
It's no news to our readers here that the supply numbers across San Diego have been consistently low compared to years past, but FINALLY we experts agree that there could be a new story change coming soon to this tired market report. With housing prices consistently up across all markets, we should see more confident sellers bring up the listing activity in 2018. Also with this new tax reform, home purchasers will only be allowed to write off the interest paid o a loan up to $750,000 compared to the previous $1M. This could bring a slight decline in buyer activity this year for the higher end homes or investment buyers.
Here's what stats we're seeing to back that up:
Bottom line, all signs point to a brighter, more stable market coming soon to San Diego. Onwards 'n' upwards, folks! Cheers to the new year!
Having been raised in San Diego, Joseph has a great wealth of knowledge of each community San Diego has to offer. Combined with being extremely hard working, having a great attention to detail, and having the ability to listen Josephs clients receive an elite level of service.
Can it be true?? Ladies and Gentlemen, no fools’ jokes wen
"Highly recommend Joseph & his group. We bought a home in Encinitas while we were still living in LA. He was instrumental in getting us into our new home quickly and helping us out with every little detail. He is very thorough, dependable, genuine & kind. Communication was the key factor in why we decided to go with Joseph as our Realtor. He always responds in a timely matter. We found our realtor for life!"