November 2017 Real Estate Update

November 2017 Real Estate Update

Who Said the Market Slows Down During the Holidays???

With the holidays around the corner, I think most homeowners and realtors alike are assuming the housing market will slow down here soon.. However, alongside having a white Christmas in San Diego - a slowdown in this housing market would also prove to be a Christmas miracle.

Now the housing supply will dip due to homeowners not willing to move or show their homes during the holidays - however buyers are continuing to pursue what homes are on the market. This means numbers may be down, but competition to buy will only increase! I predict that prices will continue to climb through the holidays and into the new year. I do believe we will see more inventory hit the market in January - this is based on the intentions stated by the numerous potential sellers I speak with on a weekly basis.  Will it be enough supply to balance out the extreme demand of our current market? ...only time will tell.

Article from San Diego Real Estate Today


Happy Thanksgiving!


Joseph Arendsen Headshot
Author:
Phone: 760-672-0174
Dated: November 20th 2017
Views: 23
About Joseph: Having been raised in North County San Diego, Joseph has a great wealth of experience and knowledge ...

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