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2020 July Real Estate and Mortgage Trends – San Diego, California

by | Jul 14, 2020 | Market Trends

Confident homebuyers hurry into the market and are locking in the low rates. Demand for mortgages saw a 33 percent spike as the set another record low. Homes are flying off the market quickly. Some markets saw listings last only 4 to 6 days before pending.

Homebuilders had strong sales in the month of June, bringing the largest gain in over a decade, but struggle to meet the high demand for new homes. Is it time to buy or sell? Reach out and let us help you navigate the hot real estate market.

CONTACT TIM VAN DAMM FOR A PRIVATE SHOWING
(858) 663-0911

The #1 Luxury Real Estate Specialist in Rancho Santa Fe & North County San Diego For Berkshire Hathaway
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