fbpx

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

by | Aug 13, 2020 | Market Trends

August claims to be the peak season for Real Estate. Listings are still low but purchases and refinance applications have increased. Homes continue to sell due to tight inventory and rates are holding historic lows, even after the first sharp rise in two weeks. Experts say it’s hard to predict if they will stay low, but Freddie Mac did confirm it is indeed a seller’s market. If rates continue to rise, it could affect the market that has been one of the strongest in the current economy.

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

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

Get on the List

Every month Tim shares important market trends and real estate news.

 

FOLLOW TIM

Tim loves to connect with new people online and in person