Wolf's Wisdom October, 2020

Active listings in San Diego County are 76% lower than one year ago, and the lowest they have been since 2008. Demand for homes, in the form of Pending Sales, is at it's highest level since 2012. Click the Video above to get the FULL story.

San Diego Housing Report - August 15, 2020

Housing Demand Is The Highest It's Been Since May, 2017!

When evaluating the market, I believe it's important to focus on demand, which is represented by homes currently in Escrow. Active listings are down 75%, but looking at demand, it's up 3% from last year, and is the highest it's been since May of 2017. Spring buying season (March and April) shifted to June and July. Market times are 31 days; that's all homes, including the luxury segment. Click the Video above to get the FULL story.

San Diego Housing Report July 15, 2020

Summer 2020 is set to be one of the hottest on record. For comparison, last year there were 614 fewer pending sales than today (-16%). In the past two weeks, the Expected Market time dropped from 42 to 37 days, which makes it a "HOT" seller's market, which allows sellers to call the shots during negotiations, and home values are rising. In comparison, last year's Expected Market time was 71 days.

june market

While much of the country was working on a phased reopening of the economy in June, real estate activity continued to strengthen as well. Nationally, June showing activity as tracked by ShowingTime was up notably from the COVID-19 depressed levels in recent months but was also up from June 2019, reflecting pent-up demand by prospective home buyers.

Read more: San Diego Housing Report July 15, 2020

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