With an extremely low supply of available homes to purchase, combined with high buyer demand due to record low interest rates, the real estate market in San Diego and across the country is hotter than it’s ever been at this time of year.
The market conditions in 2021 caused home prices to increase in San Diego, prices are expected to remain steady but with a slower appreciation in 2022.
Experts at the National Association of REALTORS® Real Estate Forecast Summit in December 2021 predict slower price appreciation, easing inflation, and rising interest rates will create a more normal housing market nationally bringing some much needed relief for home buyers.
Learn more here: Experts: Housing Market Likely to ‘Normalize’ in 2022
The current market conditions throughout the various communities in San Diego and North County San Diego are creating opportunities for both buyers and sellers. Whether you are a first-time or experienced home buyer or seller, or looking to build your investment portfolio, please contact us to learn about our buyer and seller processes and how our decades of experience can help you achieve your goals. Our mission is to provide you with the best resources and expert guidance to make smart real estate decisions today that carry to your future.
Sue & Gina De Legge | The De Legge Team
Pacific Sotheby's International Realty
DRE # 01304408 | DRE #01746528
(760) 487-8211
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The information provided on this blog does not, and is not intended to, constitute legal or tax advice. All information, content, and materials available on this blog are for general informational purposes only. Information on this blog may not constitute the most up-to-date legal or other information. Readers of this blog should contact their attorney and/or tax advisors to obtain advice with respect to any particular legal or tax matter. No reader, user, or browser of this blog should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction. Only your individual attorney and/or tax advisor can provide assurances that the information contained herein and your interpretation of it is applicable or appropriate to your particular situation. Reports provided by Steven Thomas, Reports on Housing, (C) 2021
