Wednesday, August 8, 2012

San Diego Real Estate Is on the Rise

From the Article:

Heading into the second half of the year, real estate trends show strong signs of improving in San Diego County. Median home prices in San Diego have increased almost 8% since last year, while the average time on the market fell 13%. In addition 30 year fixed mortgage rates continue to be at record lows under 4%. This data from the California Association of Realtors supports what local real estate experts have been saying.
“It is a great time to buy and sell real estate in San Diego,” said Carlos Gutierrez of Prudential California Realty. “Mortgage rates are low, houses are fairly priced and we are seeing an increase in inventory again."....Read the full story here

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