San Diego- Bubble or Healthy Market?

[Kenneth Hung]

Hi Everybody!

Newbie here trying to learn from the masters ;-)

I am curious about your opinions regarding the near future of San Diego housing market?

The prices in San Diego has been skyrocketing due to low inventory. Any good properties in trendy neighborhoods like North Park and Normal Heights are sold within a week after being listed on MLS.

The banks seems to be much more restrictive in the mortgage lending process (correct me if I am wrong ;-) And plus the mortgage rates are super low.

What do you guys think? Is San Diego a healthy market or a bubble is coming?