August 2022 Real Estate Market Report

August brings us to the end of summer. The real estate market has held steady this summer. Not much of a decline - no crazy price increases.  It seems we have a stable market. 

Interest rates have gone down a bit in an effort to curb extreme drops in the economy. The efforts to control inflation seem to be having an effect on the real estate market, at least for now.  

Remember, we are still in one of the best real estate markets of our lifetime - especially, if you're a seller. This is still a competitive market, but if you're looking to buy you can expect to breathe enough to know that prices aren't spiraling too high right now. 

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 - "Live in the sunshine, swim in the sea, drink in the wild air.” ~ Ralph Waldo Emerson If you haven’t done any of these things yet this summer, do them now! Also, be grateful that here in San Diego summer will really last until about Thanksgiving. 

I am always here for my clients and their friends and family.



Comments

Popular posts from this blog

Falling Mortgage Rates Are Bringing Buyers Back

Talking Real Estate with Hope Leitner, January 2023

San Diego Market Update May 2024