January 2021 RSS Feed

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San Diego, CA - North County median home prices +0.6% in December 2020 compared to prices in November 2020 (+16.4% from December 2019 and +9.9% year-over-year).

North County San Diego Market Report   |   Mortgage Loan Rates News

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Monday January 11th, 2021 - © Keeping Current Matters, Inc.

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained:

“Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sale homes has dwindled as demand increased and coronavirus (COVID-19) outbreaks continued across the country, which delayed some sellers from putting their homes on the market.

While the…

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Friday December 12th, 2020 - © Keeping Current Matters, Inc.

Highlights:

• Experts project an optimistic year for the 2021 housing market.
• With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices.
• Reach out to a local real estate professional today to determine how to make your best move in the new year.

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704 Santa Victoria, Solana Beach, CA 92075