The San Diego lower-end market has been red hot this year!
No big surprise – when mortgage rates are in the 3s, houses priced under $500,000 have monthly payments that are similar to their rents.
But the high-end market is holding up well too, suggesting that buyers will find a way to pay more for the better-quality areas. Last year got a little sluggish, but as rates dipped back into the 3s, the buyers kept coming:
NSDCC Detached-Home Sales