May 2022 Real Estate Market Update San Diego
As we enter the summer season in real estate, I just want to take a moment and reflect on how far we've come since just May of 2021! Below you can see the current market update. And, under that you can see the May 2021 Market update. We had HUGE gains! I believe we will still see some gains this summer, but due to increasing interest rates, the gains won't be what they have been. That's OKAY! We are in one of the best real estate markets of our life time - especially if you're a seller. But, if you're a buyer, interest rates are still low - not as low as they were, but they're low.
If you know anyone who might be interested in receiving this market update every month, please have them sign up at this link.
PONDER THIS -May is the end of Spring and the start of Summer - it's the season of possibilities. What possibilities will you turn into realities? The Real Estate Market is in a flux period - we don't know what the future holds. But, we do know interest rates are rising... we have choices to make.
Remember, I am always here for my clients and their friends and family.
Your trusted real estate agent, Hope Leitner
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