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The 2017 Crystal Ball for San Diego, CA Real Estate
Crystal Ball, well maybe not, but sharing predictions based on trends and stats, definitely...
@2017 started out with a burst off the starting line on January 3rd for me in San Diego County. My buyers were anxious to lock down the rising rates and rising home prices before they were priced out of their "ideal" and had to "settle" for what was practical. The sellers wanted to start right away too, no waiting for the "sweet spot" of  March, which traditionally is when the CA Market is full-tilt-boogie busy by. No, they knew buyers were anxious, why wait, January is the new March in 2017...and so far it's true; we're slammed with multiple offers and outrageous incentives.
 
I privately, laughed sadly at so many of my clients in Q3 & Q4 of 2016 shooting themselves in the foot claiming" I'm waiting to see what the election does to the market." Yikes, what that meant was: I'm waiting for a non-event for real estate (that has never affected the market since I've been an agent) and allow rates to climb and prices to climb on me, then jump back in when all the other sheep jump back in and compete harder for less inventory, more expensive ... more

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