We’ve been watching all market factors very closely – with all factors in consideration, we determine there to be a plateau in our market today. Watch quick video here:
The main reason is e assess that is really the affordability aspect, in particular the national income level. Over the last year, household income only rose about 2.8% annually. Now we this we’ve had rising housing prices, interest rates up AND building costs increase..these rising costs on a national level have far outpaced our income averages. What does this mean?
Well this is what many refer to as the ‘gap’ in affordability. Now here we have hit that ceiling on national average levels of affordability.
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.
Market Watch: Is "Big Change" on the Horizon??Scary times ahead? Well,
"Joseph had sold my husbands condo a few years ago, so when it was time to buy our first home we knew we wanted Joseph as our Realtor. At first we just wanted to see what was out there and Joseph right away started sending us listings. After the first 2 weeks of looking Joseph had a good understanding of what we wanted. He made us feel totally comfortable and when we sent a few listings we wanted to see he quickly made appointments to get us in. By the third week Joseph found our home! We put in an offer and 30 days later we got the keys. I highly recommend Joseph if you are looking for someone who will get the job done right!"