Great news about San Diego real estate values — for sellers! I’ve been experiencing the demand for San Diego real estate increase dramatically this year.
Buyers are clamoring to write offers to purchase and even when increasing the offered price by tens of thousands of dollars are not successful. It’s a bit crazy.
On the other hand, San Diego county sellers are thrilled with the dramatic price increase that they are obtaining for their San Diego property.
San Diego Association of Realtors President, Linda Lee and George Chamberlain, Executive Editor San Diego Daily Transcript, discuss the recent real estate news for the greater San Diego area.
The San Diego real estate market is showing great strength and prices increased. In the words of George Chamberlain “the market has rallied.” The numbers are incredible; comparing May, 2013 to April, 2013 San Diego single family (detached) home prices increased by a whopping 15.5% and condos/townhouses (attached) homes had a 14.3% increase.
Watch this video for more information about the San Diego real estate market and then concludes with how to nominate a San Diego real estate professional for local rewards.