March 2021 RSS Feed

Found 11 blog entries for March 2021.

A fun March 2021 snapshot of real estate statistics, rates and trends, here in North County, San Diego, CA. Includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Cardiff, Solana Beach, Del Mar and La Jolla.

20% - Annual Appreciation
3.1% - Today's Loan Rate
4% - Annual Rental Price Change

Remember, this is regional data, keep me posted on what you're keeping an eye on.

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The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division of Research and Statistics, explains:

“House prices nationwide recorded the largest annual and quarterly increase in the history of the FHFA Home Price Index. Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic.” 

Here are the year-end home price…

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Jeremiah sold me my home in 2010 and just helped me sell it. From the first day I hired Jeremiah he never let me down. He stayed in contact with me on a weekly basis with updates. Also explained each process of my sale as we went along. Great customer service and an amazing person.

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