Some snips from the recent C.A.R. Housing Market Forecast.
Our median sales price is close to the record set in May, 2006. But we know that around San Diego’s North County Coastal region, most prices are well above their previous peak by at least 10% to 20%:
Not enough attention is directed towards the importance of clients working with realtors who are well-versed in bidding wars – especially when under $1,000,000. Look at these stats:
The suggestion that foreigners and flippers have taken over the market doesn’t appear to be true – owner-occupants are still the vast majority of homebuyers:
Sellers are making out great – and a few more are leaving the state:
C.A.R. is forecasting a 1% gain in sales next year – I’ll take the under!