Finding the right home can be stressful. In a competitive city like San Diego, the right home might be right for other buyers too. The last two years (2020 – 2021) have been the toughest to buy a property in recent history. Demand spiked due to quantitative easing measures causing an influx of cash, investment values, and low interest rates. Supply was low due to lack of a need to sell and worries of moving during covid.
The current market (second half of 2022) has shifted slightly into a buyers market, which creates a lot of opportunities for buyers to capture deals. However, a shift back towards equilibrium and a more balanced market doesn’t mean that all other buyers are gone. So in this post we are going to take a look at some tips for making sure you win a potential bidding war.
Read more “Win a Bidding War on a Popular San Diego Property”
Owning a home overlooking the ocean is the dream of many. The fantastic view you get to see every day, and the soothing sound of the waves are surely something many homebuyers are looking for. Also, investing in a beach house can be a great source of additional income, as these homes are trending among vacation renters. However, purchasing a property at a beach is not that simple. It would be best if you considered the potential risks of such a purchase. To make things easier for you, we’ve made a guide – all of the things you should consider when buying a beach house to make this investment as safe as possible.
Read more “6 Things to Consider When Buying a Beach House”
Even in a hot real estate market, updating your home before listing it can help increase its selling price — as long as you choose home improvements that always pay off. Home prices have reached historic highs due to buyers rushing to take advantage of historically low mortgage rates and a combination of limited supply and high demand.
According to the National Association of Realtors, the median price of a previously owned home increased by 17% from March, 2021 to March, 2022. However, we are seeing demand slow down over the last month with the recent increase in mortgage interest rates. Supply is still relatively low and people still want to buy homes, but investing in your home before listing could help you sell faster and for more money, especially if the market shifts farther away from a “Seller’s market”
Read more “10 Home Improvements That Always Pay Off”
Have you fallen in love with Pacific Beach? Pacific Beach is one of the hippest and most popular neighborhoods in San Diego. Many young people choose to vacation here because this place offers a complete summer holiday experience. You can spend your days at the beach, lying in the sun or surfing, and your nights enjoying the famous nightlife scene. Or, you can simply relax and enjoy a quiet gateway. Therefore, owning a vacation home here is a dream come true. So, here is a guide for buying a vacation home in Pacific Beach.
Read more “Guide for Buying a Vacation Home in Pacific Beach”
With Coronavirus in the news and stocks taking a beating in March, many people are wondering what to do with their money. Should you invest in real estate, stocks, or some other asset? Or should you hold onto your cash?
Will quarantine’s economic impact create new opportunities for investing?
In this article we compare stocks and real estate as investment vehicles.
Read more “Is it better to invest in Real Estate or Stocks in 2020?”