Sellers Have Incredible Leverage in Today’s Market
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers like
San Diego County 30-day Market Update (11/1/21)
Here is your 30-Day Market Snapshot for San Diego County as of October 29, 2021. 🏡⭐ NEW LISTINGS: There have been 1,995 detached homes listed and 1,035 attached homes listed for sale. 📃👏 IN ESCROW: 2,086 detached homes and 1,108 attached homes went into pending status. 🔑 RECENTLY CLOSED: 2,033 d
Renters Missed Out on $51,500 This Past Year
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put
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