Are Houses Less Affordable Than They Were in Past Decades?There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a
Moving Up In Our Current Market
Dated: July 2 2020
Our local market here in San Diego has been in what we consider a seller’s market meaning less than three months of inventory for several years which may be stopping some people from selling their current home and moving up. Here are three good reasons why now is a good time to move up. 1) Interest rates are continuing to get lower which means that you will be able to afford more house and be more competitive with your offer. 2) If you have owned your current home for over five years than you most likely have a substantial amount of equity built up making it easier to qualify to purchase your new home without having to worry about selling your current home. 3) While inventory is low the market is still moving and new listings are coming up daily. If you are ready for some help moving up to Ocean Beach, Point Loma or Bay Park or just have questions reach out to me, CC Summerfield, I love setting my clients up for success.
I have been a real estate agent here in Ocean Beach for the last 11 years and have lived in and loved this little beach community collectively for 20 years. My passion is helping people and after reti....
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