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The latest news on local real estate by Ray Shay, Owner/Broker Associate of Shay Realtors of REMAX Ranch and Beach - #1 in home sales in 2009, 2010, 2011 and 2012.
U.S. consumer confidence dipped slightly in July, and the orders for durable goods dipped as well. Activity has been lighter recently. It is likely due to school starting, the unseasonably hot and muggy weather and the increase in mortgage rates, which seem to continue to squeeze some of the buyers.
We are still seeing cash buyers and higher-end buyers continuing to purchase homes. Some people see the increasing rental rates as a reason to purchase income property. If you want to know the value of your home give me a call.
We will have eight area listings open this Sunday, September 8 from 2:00 p.m. to 4:00 p.m. Click on this PDF for more details and come visit some terrific homes!
Local Market Update
We can provide you with custom weekly reports. 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. Call us at 858.449.7355 or email us today for your custom condo or single family home report.
