Great Things Are Happening in
San Diego Area Real Estate.
Check out my February Newsletter and
San Diego Area Real Estate Report.
Inside This Issue…
- Real Estate Report…
- 5 Easy Ways To Ruin Your Car…
- How To Stop A Running Toilet…
- Encinitas Lions Eye Glasses Give away…
- Fun Facts and Laughs: 3 Little-Known Smartphone Tricks, Protect Your Kids Online, and More…
- Real Estate Q&A: How Do I Invest In Real Estate To Build Wealth?…
Real Estate Report…
December Prices Rise but Slower.
It has been another recovery year in 2014 but not the same as 2013. With a broad pattern of rising prices and stable to improving inventory, the market has shifted from being drastically undersupplied to approaching equilibrium.
Price gains are still positive but less robust than last year.
December Year over Year 2014 Stats
Closed Sales decreased 7.1 percent for Detached homes
and 13.5 percent for Attached homes.
Pending Sales increased 14.0 percent for Detached homes
and 3.8 percent for Attached homes.
Inventory decreased 11.4 percent for Detached homes and
8.6 percent for Attached homes.
The Median Sales Price was
up 5.0 percent to $499,000 for Detached homes and
up 10.4 percent to $330,000 for Attached homes.
Days on Market decreased
13.2 percent for Detached homes and
7.7 percent for Attached homes.
Supply decreased 3.8 percent for Detached homes and
8.3 percent for Attached homes.
Interest rates remain attractive, even as Federal Reserve banter is finally hinting that quantitative easing is reaching its fateful conclusion. Capital markets have exhibited some volatility, but ultimately it’s all about earnings and growth, and corporate
earnings have been encouraging
Call or text me if it is time for you, a friend or family to buy or sell a property.
I am here for you.
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