What can you expect from the San Diego real estate market in 2020? Here are my predictions.
On the latest episode of “Real Estate Rundown,” Bill Griffith and I talked about the future of real estate.
In 2020, San Diego will be the fastest-growing real estate market in the state, according to a number of different experts and economists. There are more job opportunities coming in, and San Diego is a cheaper place to live compared to San Jose, Los Angeles, and San Francisco.
We’re projecting a growth of 2% to 3% in the state of California, while the projections for San Diego are near 4%.
“You leave a lot of money on the table by selling to an online buyer.”
Is it a good time to buy or sell? Based on what’s going on right now, I can say this: Interest rates are still low and it’s always a good time to buy when you want to become a homeowner. As long as you are comfortable with your monthly payment and your interest rate is low, go for it.
Real estate sales have become more like car sales recently in the fact that you can actually sell your house with the click of a button online. However, there’s so much that goes into selling a home that these companies don’t know. They will buy your house for cash, but I don’t recommend selling it to them. You could lose a lot of money and leave a lot on the table that way.
If you have any questions for me, feel free to reach out via phone or email. I look forward to hearing from you soon.
