2024 San Diego Real Estate Market - BUY NOW or WAIT?!
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- Опубликовано: 15 июн 2024
- Are you considering buying or selling a home in the vibrant real estate market of San Diego in 2024? Whether you're a seasoned investor or a first-time homebuyer, this video is your ultimate guide to making the right decision - should you buy now or wait?
In this video, we'll talk about why buying in the winter season in San Diego could be your best opportunity. There are many reasons that why it might be a better time then the typical Spring market.
Whether you're looking to purchase a home for your family, invest in rental properties, or flip houses for profit, understanding the nuances of the San Diego real estate market is crucial for making informed decisions. Don't miss out on this comprehensive guide to the 2024 San Diego real estate market - watch now and gain the knowledge you need to seize opportunities and navigate challenges in one of California's most dynamic housing markets.
Thinking about moving to San Diego California, or any other San Diego neighborhood, make sure you give us a call, shoot us a text, send us an email, or schedule a Zoom call. We'd love to help you make a very smooth move to San Diego.
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Nicholas Miele | Compass
DRE# 02089615
760.685.7956
nick.miele@compass.com
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Thanks for watching! If you are planning to move to San Diego or the surrounding areas and have questions, we would love to help. Shoot us an email at nick.miele@compass.com OR schedule a quick call with us via the zoom link here: calendly.com/nick-miele
doesn't matter if rate is going down. the sellers are too greedy in general.
I competed with 15 to 20 buyers on each houses. That is the reason my high offers still not high enough per seller agents.
That sounds about right! Varies per area/neighborhood, but seeing 8+ offers on a home has been the norm for a while now.
Weather! I was genuinely hoping for a gloomy day to scare off buyers of a house I’m looking at
Sadly even the rain doesn’t scare many people off!
In general, you are right. Spring time is the most competitive period in buying house. But I do not think this winter (Feb 2024) is a good time for the buyer. I made an offer three times in eight days. My offer were declined even though I offer $100,000 more than listing price. So, Is this Winter special?
Winter being competitive is hit or miss. But wait til Spring and it will be even busier with offers
HOW ANYONE AFFORD TO HOME IN SAN DIEGO NOW A DAY
You just can Refi if the price of the house raise…
If it drops you will be stuck with the high rate for ever!!!
Also on a 800k house property tax alone will be 10k/year.
Which is 10% of the average household income in so call
For that reason I decided to buy rentals in AL. With just the down payment for a house in San Diego I bought 10, yes 10 houses in AL which is enough to cover my rent here with some slack…
A little confused by that, but I think I get what your saying! If you buy at the higher rate with less competition you can refi when rates tinker down - then when rates drop down you'll have to pay a higher price for the home since there is more competition.
San Diego is way overheated. If you aren’t in the market can’t get in. Shitty trailer park houses listed for 400-500k 😂 Correction is inevitable
How about homes in the ghetto where it’s dangerous and known gangster area. Those houses are going for 800-900k and some are even a million, in the ghetto!!!
best time? you gotta be joking me. seller agents are going nuts with over inflated price, the rate is going up.
10 years ago was the best time to buy - chances are we’ll be saying the same thing in 10 years from now