Fall is Here! Weather is Finally Cooling Down ...When Will this HOT Market Do the Same ?!
This time of year marks the bittersweet transition out of summer into fall. Life seems to slow as the weather starts to cool down & the kids are back in school. Likewise, the housing market has historically seen a slight cool down in buyer activity around this time of year.
However, market savvy buyers and sellers know that deals can still be made well into the school months. Inventory levels this month are down 26.4% compared to this time last year, thus resulting in the median sales price increasing again 9.4% across San Diego county. With inventory levels still very low across our housing market, we can expect competition to remain fierce to buy available listings. We are seeing very low days-on-market with multiple offer situations becoming less and less unusual for sellers on today's market.
All-in-all, as San Diego may now be finally cooling down outside, it's safe to say that the heat of this housing market is here to stay!
Having been raised in San Diego, Joseph has a great wealth of knowledge of each community San Diego has to offer. Combined with being extremely hard working, having a great attention to detail, and having the ability to listen Josephs clients receive an elite level of service.
Buyers Advice: Don't skip over that home with ugly pictures! Yes,
"Joseph was instrumental in finding me a property that fit specific requirements. He negotiated in my favor and wound up with a real gem below appraised value. He was attentive and definitely concerned about my interests. I highly recommend using him."