February 2021 RSS Feed

Found 14 blog entries for February 2021.

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different.

1. This time, housing supply is extremely limited

The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and demand is high, prices naturally increase.

In real estate, supply and demand are measured in “months’ supply of inventory,” which is based on the number of current homes for sale compared to the number of buyers in the market. The normal…

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Jeremiah made my home buying experience a smooth ride. If we ran into any issues, it was sorted out almost immediately. Will definitely conduct business with him again if I choose to purchase another home in the San Diego area and when it's time to find tenants.

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