Wednesday, June 18, 2014

San Diego, CA 92129 Market Conditions as of 06/16/2014



San Diego, CA 92129 Market Conditions as of 06/16/2014
* Median Sale Price from 12/15/12 to 06/16/13 = $611k.
* Median Sale Price from 06/16/13 to 12/15/13 = $635k.
* Median Sale Price from 12/15/13 to 06/16/14 = $650k.
* Median Sale Price from 03/17/14 to 06/16/14 = $650k.

Based on sales over the past 3 months there are currently 2.2 months of housing inventory, the typical market exposure time is 10 days, and I anticipate 0 to 90 days of marketing time for properties listed for sale over the next 90 days that are listed at or near market value.

Median $/Sqft Change

Median Sale Price

Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds
* More!

CNBC - Mortgage volume tanks on tiny increase in rates

Mortgage volume tanks on tiny increase in rates

It didn't take much to keep potential borrowers away from their mortgage lenders last week – a minimal rise in rates sent volume tumbling.

Read more: http://www.cnbc.com/id/101767880

Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds
* More!

Monday, June 16, 2014

San Diego, CA 92109 Condo Market Conditions as of 06/16/2014

San Diego, CA 92109 Condominium Market Conditions as of 06/16/2014
* Median Sale Price from 12/15/12 to 06/16/13 = $450k.
* Median Sale Price from 06/16/13 to 12/15/13 = $440k.
* Median Sale Price from 12/15/13 to 06/16/14 = $514k.

Based on sales over the past 3 months there are currently 4.7 months of housing inventory, the typical market exposure time is 27 days, and I anticipate 0 to 90 days of marketing time for properties listed for sale over the next 90 days that are listed at or near market value.

Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds
* More!