The latest news on local real estate by Ray Shay, Owner/Broker Associate of Shay Realtors of REMAX Ranch and Beach.
#1 in sales in 2009, 2010, 2011, and 2012.
5 Reasons to Buy a Home Now!
The latest Case Shiller Home P{rice Index revealed that home prices nationwide have appreciated 5.5% over the last year. San Diego County we were closer to 18% increase. The Home Price Expectation Survey, which asks a panel of over 100 economists, investment strategists and Housing market analysts, calls for appreciation over the next five years.
#1 in sales in 2009, 2010, 2011, and 2012.
5 Reasons to Buy a Home Now!
The latest Case Shiller Home P{rice Index revealed that home prices nationwide have appreciated 5.5% over the last year. San Diego County we were closer to 18% increase. The Home Price Expectation Survey, which asks a panel of over 100 economists, investment strategists and Housing market analysts, calls for appreciation over the next five years.
- Prices are on the rise.
- Mortgage Interest rates are expected to increase.
- Rental prices are on the rise due to limited inventory.
- New mortgage regulations to be announced soon. Government agencies are drafting the Qualified Residential Mortgage (QRM) rule.
- Currently time lines to purchase can be less than thirty days.
Local Market Update
In the attached custom report, that
is update weekly, You will find easy-to-read graphs with statistics,
and valuable information broken down into bite-size pieces about current
market trends specifically for our 92127 zip code.
