It’s finally Spring in San Diego! I don’t know about you, but this change has me saying “Hallelujah!” …With our days already longer, beach weather just around the corner & seeing all these beautiful flower fields here coming into full bloom… what’s not to love??
Unfortunately that question isn’t a rhetorical one to local real estate professionals here…
While living in San Diego has its many obvious perks, our housing market is still a bit of a problem patch... and concerns are mounting as we see this problem starting to grow like a weed...
The general consensus sounds like a broken record.. low inventory, fewer home sales and home prices still climbing. But that could all be changing here soon!! We have already started to see that much needed uptick in inventory, though we also saw mortgage rates increase last month (average rose to 4.5% for 30-year fixed, 20% down). With both factors now in play as we round the corner into spring and our "home buying season", we believe we will soon see a more stable market here soon. Here are the numbers seen last month..
Basically, this 'hot' sellers' market that has been stoking the fire under home buyers will likely cool to a simmer here soon.
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.
[March 2018] Spring is Here! San Diego is Blooming... and th
"I have worked with Joseph for nearly four years, both with him doing property management as well as sales of property. I have always felt I could rely on his judgement and abilities. I've used a few property managers over the years and far and away Joseph has been the best one that I've worked with. He has done an outstanding job in dealing with tenants to both meet their expectations and not allow them to become unreasonable.
Recently, he helped me in the sale of a condo that included getting renovation work done before the sale. Joseph listened to what I wanted to have done and provided useful advice and coordination of the tasks. We had a successful sale that came in at full asking price and within only a few days of listing. I could not have possibly done that without Joseph's efforts. He went beyond what most agents and managers would be willing to do.
He continues to manage some of my other properties and I will be using him again for future sales. He is someone I can count on and that is hard to find."