The foregoing concepts describe why people might be willing to pay more for one property than an alternative choice, or even choose not to buy property. These are the basic elements understood to influence real estate value. Perhaps the most overlooked and underestimated consideration influencing value in real estate is timing. In my opinion, timing […]
San Diego Real Estate Trends – 2019 and Onward For the past 18 months, signs that the backcountry real estate market is recovering have been appearing. There have been random periods spanning 3 to 4 months at a time when the pace of sales has gathered momentum, followed by shorter periods when the momentum stalls. […]
It is now common knowledge that real estate prices have risen significantly in the San Diego metropolitan area during the past year. Home prices are rising at a rate of more than 1% per month on average.[1] At this rate, an average home will double in value in less than 8 years – perhaps even […]