January 2018 San Diego Real Estate Update

January 2018 San Diego Real Estate Update


It's a New Year, New You! ...& a New Housing Market, too??

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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:Image title

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!


Article courtesy of San Diego Real Estate Today


Joseph Arendsen Headshot
Author:
Phone: 760-672-0174
Dated: January 25th 2018
Views: 78
About Joseph: Having been raised in North County San Diego, Joseph has a great wealth of experience and knowledge ...

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