Realty Executives Dillon
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The move-up buyer, stagnant since the recession, is on the rebound in the San Diego real estate market. Growth in move-up sales has been fueled by an expanding San Diego economy and increased job opportunity. Current homeowners, realizing the return of equity to their homes, have been more willing to sell. According to the California Association of Realtors (C.A.R.) July home sales in San Diego improved by 9.3% from July 2014. Unemployment in San Diego was down to 5.2% May, compared to 6.5% in May 2015.
Homeowners moving up add to the supply of lower cost homes, creating opportunity for entry-level buyers. Still, the inventory of homes on the market remains constricted. Leslie Appleton-Young, chief economist at C.A.R., notes, "While it's a welcomed sign to see the growth in housing demand continue, the lack of supply remains a concern.”
Realty Executives agents are real estate experts. They have the education and expertise you need to navigate through the process of buying or selling a home. From listing at the right price to making the best offer, our Executives have witnessed the best - and most regrettable - decisions homeowners and homebuyers can make. Every day, they are immersed in every aspect of real estate that includes comparable home price analysis, property surveys, credit reports, open houses, HOA agreements, lenders, title companies, homeowners’ insurance, walk-throughs, terms of sale or purchase, repairs, concessions and closing documents. Let our accomplished Executives help navigate you through the process of buying or selling a home.
