What’s the True State of the San Diego Economy?

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    Summer is in full swing here in San Diego, and the market is looking good. Today, we’ll take a look at the numbers so far this year and compare them to 2014!

    If you pay too much attention the headlines, you may be mislead about the state of the economy. Typically, the media focuses on average price and sales numbers. The problem is, those stats are often months outdated, and don’t accurately reflect current conditions. Today, we’ll discuss the important, up-to-date numbers:
    • Homes for sale: -5.9%
    • Homes in escrow: +25.7%6.30
    • Available homes:  -19.4%
    What do these numbers mean for you? For one, these numbers indicate that we have a busy summer ahead of us. It’s only a matter of time before this market really takes off!

     

    Whether you want to downsize, upgrade, or just get a change of scenery, now is a great time to list your home. With supply low and demand high, conditions don’t get much better for sellers! Give us a call or shoot us an email if you would like to take advantage of this fantastic market!

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