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.
Who Said the Market Slows Down During the Holidays???With the holidays
"My partner and I just recently purchased a home in Vista with the help of Joseph and team. As first time home buyers it can be quite stressful as there are many unknown factors and lots of questions to be answered. Joseph was there to answer all of our questions every step of the way. He laid everything out for us step by step so we knew what to expect. The entire process went very smooth and we closed within the timeline he set for us. He stayed on top of everything and made the process seamless for us. As first time buyers we would like to see our investment grow into something bigger and better so our relationship with the Arendsen Group has just begun. We look forward to working with Joseph and team for many years to come. I highly recommend the Arendsen Group to anyone looking to purchase real estate in San Diego County."