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8 January 2024 | 0 replies
Below is a breakdown of the median sales price during each month last year.2023 Median Sales Price for Detached Single Family Houses - Rose by 11% since JanuaryJanuary: $849,000February: $900,000March: $940,500April: $952,600May: $955,000June: $1M July: $990,000 August: $1,025,000September: $999,000October: $964,000November: $980,000December: $949,0002023 Median Sales Price for Condos/Townhomes - Rose by 10% since JanuaryJanuary: $590,000February: $616,000March: $635,000April: $640,000May: $640,000June: $650,000July: $641,000August: $677,000September: $660,000October: $667,500November: $667,500December: $650,000Looking Ahead:As we embark on a new year, it’s essential to anticipate how these trends might shape the San Diego real estate landscape in 2024.As we all know the fed increased interest rates to help fight inflation, but now that inflation is starting to get under control, signs are pointing to interest rates coming down in the Spring of this year.A cut in 2024 would be the first since the early days of the Covid, when the Fed slashed rates to near zero to bolster the economy.Of course, there’s still ample uncertainty over how soon and how quickly the Fed may cut rates this time around, but you can bet that once they start coming back down the buyer competition and mutiple offers will return from the days of 2021.If you have additional questions about the market or data on a certain zip code, I'd be happy to help.
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10 May 2023 | 4 replies
Anticipation is high for additional large-scale employment announcements, including the likely move of the U.S.
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26 July 2019 | 6 replies
To be honest, it's taken a little longer to get going in that market that I had anticipated.
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15 November 2023 | 16 replies
Hope this helps...get that utility worksheet - it's a greater expense than I had anticipated.
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27 December 2023 | 5 replies
Conway and Bryant/ Benton are harder to cash flow bc they are higher in demand and growing but you might anticipate having greater appreciation there.
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16 October 2023 | 11 replies
Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business travel growth.
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14 June 2021 | 76 replies
I really only anticipate 10-15 people actually showing up but maybe that's a good place to take it if it were to grow to 40-50.My intentions here was to create a more intimate meet up to get to know a few members on a personal basis, rather than show up at a REIA meeting with 200 attendees, for a cost, where I get sold the whole time by that nights speak.
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25 August 2015 | 4 replies
He said if sales go well, 12 months, although he anticipates that it will take him 20 to 24 months to fully recoup his investment in each billboard.
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29 October 2020 | 4 replies
And do you anticipate the impact changing anytime soon?
14 February 2024 | 15 replies
tenant turnover and deferred maintenance seem to cost way, way more than people anticipate.