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February 2017

Found 1 blog entry for February 2017.

 

 

 

 

 

 

 

 

 

 

 

 

 

As we begin 2017, I want to kick off the new year with a quick market analysis.  I want to talk about only one thing--INVENTORY.  San Diego's inventory is so incredibly low right now.  We currently have under 5,000 properties for sale.  At this time last year, there were almost 7,000!  What this means is that most properties are generating multiple offers, because the same buyer pool is still looking to buy.  I believe that after the election, many people are holding off on selling and seeing which way the market will trend.  This hesitation has caused a massive inventory shortage that all buyers are feeling as they go out and shop for homes.  

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