We had quite a month, San Diego! The Real Estate housing market continues its climb, albeit currently at a slower pace as folks are taking advantage of the world opening up.
Take a look at the August update. 2021 home prices are forecasted to increase around 12% this year while 2022 prices are only expected to increase by 5%.
Although that may sound like good news for buyers, I must also add that mortgage rates are expected to reach 3.7% (currently around 3.1%), which can definitely put a damper on your purchasing power.
Reach out to me about your home value anytime below!
https://bit.ly/equityvaluehome
San Diego, Carmel Valley 92130, Del Mar, Solana Beach, Cardiff by the Sea, Encinitas, Carlsbad, La Jolla, Pacific Highlands Ranch, Torrey Hills, Del Sur, Carmel Mountain Ranch
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