Hope Leitner, Realtor®, CRS

Spring's arrival heralds a warming trend in the real estate market, signaling the onset of a hot sales season ahead.   Below you'll find the housing report for the current month along with data from the preceding two months. Notably, there's a surge in the number of properties hitting the market in the last two months, indicating a growing pool of sellers. However, it's crucial to recognize that buyer demand remains robust. Despite this uptick in listings, 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, plea

  Let’s get one thing clear. Context in content is  always  important. But when it comes to the housing market, especially the one we’ve seen the last few years, it’s even more crucial. Why? Because the market trends in recent years are anything but normal. So, when you’re answering questions or dodging objections, context matters even more. Let’s break down an example. This is a recent headline a major news outlet published: We’re all guilty of seeing headlines and jumping to conclusions. We’re especially guilty of not diving in and reading the entire article to understand the full context of how that statement came to be. But words like “price drop” are alarming when it comes to the housing market. They give the impression that home prices will fall, possibly significantly, this year. Opinions are formed, conclusions are made, and misinformation is spread. However,  this headline  couldn’t be further from the truth. That’s where context comes in. If you look at the visual below, you

  If one of the goals on your list is  selling your house  and  making a move  this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices in mind when you’re  ready to sell . 1. Price Your Home Right The  housing market  shifted in 2023 as  mortgage rates  rose and  home price appreciation  started to  normalize  once again. As a seller, you still need to recognize how important it is to price your house appropriately based on where the market is today.  Hannah Jones, Economic Research Analyst for  Realtor.com ,  explains : “Sellers need to become familiar with their local market and work closely with a local agent to make sure their listing is attractive to buyers. Buyers feeling the pressure of affordability are likely to be pickier, so  a well-priced, well-maintained home is the ticket to d