Over the last few years, the housing market has constantly been in the news. First the pandemic, then pent-up buyer demand and low inventory fueled soaring home prices and quick sales for more than two years. Last summer saw the housing market finally begin to cool as the Federal Reserve passed a series of rate increases to curb inflation.
Summer 2023 already looks different than last year due in part to the remarkable strength of today’s housing market. Real estate and economic experts predict this could be the strongest market we’ll see for a while. Despite interest rates sitting at a full 3% higher than they were in early 2022, buyer demand remains particularly strong in desirable housing markets like San Diego. At all price points, from entry-level to luxury, there is a demand for well-priced homes. Many sellers who listed their properties this spring received multiple offers from qualified buyers who were determined to lock their mortgage before rates rise again.
If you’ve been thinking of selling, now is the time to work with a local and experienced real estate professional who has the proven success to help you maximize your ROI on the sale of your home. Inventory is beginning to creep up as more sellers take advantage of the strength of today’s market. Since February 2023, the inventory of homes for sale in San Diego is up 14%. Similarly, the median price for a detached home in San Diego is up 6%.
This year alone, I’ve helped many sellers close at or over list price! As a seasoned agent with experience representing some of the most significant sales in San Diego County, I have a proven marketing strategy that draws local, national, and global attention to every property I list. In addition, I have an extensive database of prospective buyers and investors who rely on my market knowledge to help them find properties that are coming soon or aren’t currently for sale. Let me be your trusted resource for San Diego real estate. I would love to show you my strategy to help you sell for more in today’s housing market.
Contemplating a change? In addition to my expert seller representation, I love helping people find their next property in San Diego. Multiple offers are a sign of a competitive market, but my clients often win the home due to my superior negotiation skills and diligent advocacy. Don’t miss out on the home of your dreams—who you work with truly does matter. I was recently honored by RealTrends and the Wall Street Journal as one of the top agents in San Diego. This distinction places me in the top 1.5% of real estate professionals nationwide.
Take the next step to work with me today. Request a personalized assessment of your home’s current value here or browse the latest listings in San Diego. I look forward to working with you!