Market Updates RSS Feed

This week in real estate we're talking Zillow shutting down iBuying program, will Democrats’ tax plan sink real estate, and Millennials making housing expensive.

A fun October 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.

21% - Annual Appreciation
3.1% - Today's Loan Rate
11% - Annual Rental Price Change

This week in real estate we're talking selling haunted houses, will issues in China effect US real estate, and 3D printed homes. Hosted by Jeremiah Moersch & John Zimmer. Join us LIVE!

Tuesday, October 26th, 2021 - © Keeping Current Matters, Inc.

There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year.

The Number of Homes for Sale Usually Peaks in the Fall

In the residential real estate market, trends generally follow a predictable and seasonal pattern. Typically, the number of homes available for sale (or active monthly listings) peaks in the fall. But in a chapter where so little feels normal, the question becomes: should we expect a fall peak this year?

If we look at the active monthly listings for 2021 (shown in the chart below), we’ll…

San Diego, CA - North County median home prices -3.4% in September 2021 compared to prices in August 2021 (+20.7% from September 2020 and +20.7% year-over-year).

North County San Diego Market Report   |   Mortgage Loan Rates News

A fun September 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.

19% - Annual Appreciation
3% - Today's Loan Rate
11% - Annual Rental Price Change

Monday, September 20th, 2021 - © Keeping Current Matters, Inc.

If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):

As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10 years. The housing industry refers to this as your tenure.

To really explore tenure, it’s important to understand what drives people to make a move. An article from The Balance explores some of the primary reasons individuals choose to sell their houses. It says:

“People who move for home-related reasons might need a larger…

San Diego, CA - North County median home prices -2.7% in August 2021 compared to prices in July 2021 (+18.8% from August 2020 and +20.4% year-over-year).

North County San Diego Market Report   |   Mortgage Loan Rates News

Tuesday, September 7th, 2021 - © Keeping Current Matters, Inc.

If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner rather than later.

1. Your House Will Likely Sell Quickly

According to the Realtors Confidence Index released by the National Association of Realtors (NAR), homes continue to sell quickly – on average, they’re selling in just 17 days. As a seller, that’s great news for you.

Average days on market is a strong indicator of buyer demand. And if homes are selling quickly, buyers have to be more decisive and act fast to…

A fun August 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.

28% - Annual Appreciation
2.9% - Today's Loan Rate
8% - Annual Rental Price Change

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