The local housing market is hot! Demand for homes is outpacing supply. As an example, we listed a home last week in Carmel Mountain. Within forty-eight hours we had about fifteen showings and several strong offers. This Is just part of the pattern that started in January.
The situation in Temecula is even worse. Some homes are getting in
excess of twenty five offers. It is a combination of the mood of
buyers to purchase is very strong, low interest rate, and investors
who are snapping up properties that will positive cash flow.
If your thinking of buying, selling, or investing in income property
please give us a call. The increase demand and shortage of homes
across San Diego County will eventually push up the price.
In the attached report, prepared exclusively for Shay Realtors, you'll find easy-to-read graphs with statistics, and valuable information broken down into bite-size pieces about current market trends specifically for our zip code. Condo Report and Single Family Report
