Posts

Showing posts from May, 2024

June Calendar of Events

Image
  The days are longer! The sun is feeling a little brighter. Summer is finally HERE!  It's been a long wet Spring, but everything we love about San Diego is happening now. The Fair is opening soon. The outdoor activities are kicking into high gear. The real estate market is also warming up! This promises to be a normal summer real estate market -  some price climibing as demand grows during the peak moving season - but, nothing crazy like we in the last few years.     June - Ponder this -   “In early June the world of leaf and blade and flowers explodes, and every sunset is different.” – John Steinbeck   I am here for you, your family, and your friends. Whether you own a home or you are looking to buy or sell one, I'm here to help.   If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   Your Forever Agent,    Hope Leitner, CRS, CalDRE #018743...

How Many Homes Are Investors Actually Buying?

Image
  Are big investors really buying up all the  homes  today? If you’re trying to find a  house to buy , this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes is making it even harder to find what the average buyer is looking for. But spoiler alert – there’s a lot of misinformation out there. To clear things up, here's the scoop on what's really happening. A lot of the big investor activity is actually in the rearview mirror already. The  Wall Street Journal  (WSJ)  explains : “Investors of all sizes spent billions of dollars buying homes during the pandemic. At the 2022 peak, they bought more than one in every four single-family homes sold, though  more recently their activity has slowed as interest rates rose and supply became tighter .” The key here is investor activity has slowed significantly, and even during the peak of investor buying, 3 out of every 4 sing...

Talking Real Estate with Hope - May Newsletter

Image
  Welcome to a curated selection of the latest real estate insights—handpicked just for you. As your dedicated agent for life, I believe in empowering you with the knowledge you need to navigate the world of homeownership with confidence. Sit back and absorb the compelling narratives that await in this issue.   Whenever you find yourself pondering the next steps in your real estate journey, remember that I am only a conversation away. My commitment to you, your family, and friends is unwavering, and I'm ready to assist with tailored, strategic advice whenever you need it.     Your Forever Agent,    Hope Leitner, CRS,  CalDRE #01874321   Hope Opens Doors Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates 3790 Via de la Valle, Suite 201, Del Mar, CA 92014 Cell: (858) 382-3763 Website: HopeLeitner.com Email Hope   The Number of Homes for Sale Is Increasing There’s no denying the last couple of years have been tough...

San Diego Market Update May 2024

Image
The market is heating up in time for the traditional summer rush. I wish I could say when the market will cool off or at least level off, But, I can't. All I can say is the economy is steady and the real estate market reflects that.    Below you'll find the housing report for the current month along with data from the preceding months. San Diego County continues to grapple with an inventory shortage. The average cost of a home has risen, but that doesn't mean there aren't still some affordable properties out there.    Whether you're contemplating a purchase or sale, I invite you to reach out. Let's discuss your options within the dynamics of our distinctive housing market, ensuring your decisions align with the current trends and realities.   If you know anyone who might be interested in receiving this market update every month, please have them sign up at this  link.   I am always here for my clients and their friends and family.   Your Forever A...

May Calendar of Events in San Diego

Image
  May Calendar of Events in San Diego Summer is just around the corner! More sun! Less rain! I'm really looking forward to the heat after this long chilly winter (by San Diego standards). Let's take advantage of these last few weeks of Spring and enjoy them. The calendar below is full of great opportunities to do just this.    May - Ponder this -   "Spring is nature's way of saying, 'Let's party!'" - Robin Williams   I am here for you, your family, and your friends. Whether you own a home or you are looking to buy or sell one, I'm here to help.   If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   Your Forever Agent,    Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors   Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates Cell: (858) 382-3763 Website: HopeLeitner.com  

The Perks of Buying over Renting

Image
Thinking about buying a home? While today’s   mortgage rates   might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get   your own place . 1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way  home prices  are headed. Make no mistake, nationally they’re still going up. In fact, over the long-term,  home prices  almost always go up ( see graph below ): Using  data  from the  Federal Reserve  (the Fed), you can see the overall trend is home prices have climbed steadily for the past 60 years. There was an exception during the 2008 housing crash when prices didn't follow the normal pattern, but generally, home values kept rising. This is a big reason why  buying a home  can be better than  renting . As prices go up and you pay down your mortgage, you build  equity . Over time, this growing eq...