Hope Leitner, Realtor®, CRS

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 Agent,   Hope Le

  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  

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 equity can really increase your net worth. The  Urban Institute   says :