November 30, 2016 by: raye scottMarket Updates
Here’s a great article from the San Diego Union Tribune on the current real estate market
The median home price in October exceeded a half-million dollars for the first time in a decade in San Diego County, real estate tracker CoreLogic reported Tuesday.
Pushed up by high demand and limited supply, the median price hit $507,500, up 11 percent from a year ago. It has still not reached the housing boom peak of $517,500 in November 2005.
November 1, 2016 by: raye scottMarket Updates
October 28, 2016 by: raye scottMarket Updates
If someone told you that buying would be a cheaper decision for you in the long run, would you believe them? If you live in San Diego County, then you should.
According to Trulia’s Rent vs. Buy study released on Thursday, it is 32 percent cheaper to buy than rent in San Diego.
September 21, 2016 by: raye scottMarket Updates
This past Monday, CoreLogic reported that the median home price in San Diego was $498,000 in August. San Diego hasn’t seen prices this high in 11 years!
More specifically, the median price of a resale home was $550,000 which is a 6.8 percent increase over the past 12 months, resale condos grew to $377,750 – a 7 percent increase over this past year, and newly built homes were 684,500 a 5.6 percent increase.
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