Did you hear that San Diego ranked #9 in The 20 Hottest Housing Markets this Spring according to Realtor.com? What does that mean? Let us break it down for you. Buyers, it’s tougher to find the perfect property. Which means, you need an experienced realtor who knows how find the homes BEFORE they hit the market. Sellers: Now is the time to get your house on the market while there is less competition. Either way, we are here to help. As you know, the Realtor that you choose is the most important decision you will make in determining your success in this hot market.
Here is the article from Realtor.com
California continues to dominate the latest list of some of the busiest housing markets across the country. The Golden State boasts 13 of the 20 top markets. Some Eastern markets like Boston and Raleigh, N.C. are also making a comeback.
Realtor.com® identified the 20 hottest medium- to large-size housing markets for March. They analyzed the number of listing views per market (to show demand) and median days on the market (to show supply). According to their preliminary site data, housing inventory is down 2 percent year-over-year, which is making things quite competitive in many markets.
“Listings are growing as they normally do this time of the year, but because demand has been growing faster than supply, homes are selling faster,” says Jonathan Smoke, chief economist of realtor.com. “So the monthly trend is the normal seasonal pattern, but the year-over-year decline is reflective of demand being stronger than supply for more than a year, which is resulting in fewer homes available and faster-moving inventory.”
This ranking shows the 20 markets where listings are getting two to five times more views than the national average and homes are selling one to two months faster than in the rest of the country:
Ready to buy or sell, or just curious about the market. Give us a call 619-980-2738 or 619-851-4084. We are here to “Help You Settle In The Sand”