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We’re really excited to finally be operating out of our new office in the heart of Bay Park at 4112 Napier Street! If you find yourself out at Fish Co. or Luce, don’t hesitate to swing by and say hello! We would love to see you!
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The market as a whole in 2015 finished with the market up about 6.5%
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Now, for how the market is doing. The market as a whole in 2015 finished with the market up about 6.5%. The forecast for 2016 is that we’ll continue to see appreciation in our market, but it will probably be half of what it was last year.
Our market is off to a great start in 2016. We’ve seen a huge jump in the number of transactions in the last six to eight weeks. Inventory is less that 6,000 in San Diego County and buyers are really getting out there and taking advantage of interest rates, which have dipped yet again.
Right now is a fantastic time to sell because competition is quite low, and it’s only a matter of time before the spring selling season changes that. If you’re on the buying side, it might be difficult to get into the house that you’re looking for, but it will likely be relatively inexpensive with the cost of money as low as it currently is.
