rg.src = 'https://widgets.realgeeks.com/static/js/valuation_v4.min.js'; In Market Trends As seen from Mashvisor’s data, the average rental income and return on investment are $2,771 and 1.3%, respectively. In our market, it’s possible that housing prices could go even higher. Will the 2021 US Housing Market Be a Buyer’s Market or a Seller’s Market? September 2020 San Diego Real Estate Market Trends. Stay up to date with the latest tips for Traditional & Airbnb Investments, 7 San Diego Housing Market Trends for 2020, 10 Best Places to Invest in Real Estate in 2020, These Are the Features of the Best Place to Invest in Real Estate, Where to Find Reliable Property Data for Your Real Estate Investment. Overall, the main reason to invest in real estate is positive cash flow. }, San Diego Housing Bubble? That is well below what’s considered to be a balanced housing market. "addressCountry": "USA" The current and historical San Diego Real Estate market reports and statistics from the San Diego Association of Realtors. "@type": "RealEstateAgent", So what is the San Diego housing market forecast for 2020? San Diego Will Remain a Hot Market. 5 Reasons it Wont Crash, Revealed: 5 Reasons to Not Use Quicken Loans San Diego, (Controversial Post) 5 Reasons to Move to San Diego, Zillow San Diego: 5 Lies, Fraudulent and Deceitful Tactics Used, 5 Tips for Using Airbnb San Diego to Maximize Your Rental Returns, 5 San Diego Real Estate Market Trends I Am Seeing in December 2020, subscribe to get more hard hitting videos just like this, San Diego Housing Predictions 2020 | 2021, San Diego Real Estate and Mortgage Videos 2020 | 2021, San Diego Real Estate Market Statistics 2020 | 2021, San Diego Real Estate Market Updates 2020 | 2021, San Diego Real Estate Market: News, Trends, Forecasts 2020 | 2021, 5 Reasons Santee San Diego is a Great Place to Live in 2020 | 2021, San Diego's 10 "Must Know" Real Estate Negotiation Tips 2020 | 2021, San Diego Self Directed IRA LLC With Checkbook Control For Real Estate Investing 2020 | 2021, 7 Creative Ways to Slash Your San Diego Mortgage Payment (2020 | 2021 Update), 6 Reasons Logan Heights San Diego Is a Great Place to Live in 2020 | 2021, 6 Secrets Revealed When Buying a San Diego Home With Low Income (2020 | 2021 Update), 8 Tips For Being A Successful San Diego Landlord (2020 | 2021 Update), 8 Hacks on Drastically Improving Your Credit Score Fast (2020 | 2021 Update), 3 Reasons Carmel Mountain Ranch San Diego Is a Great Place to Live in 2020 | 2021. }, According to NeighborhoodScout, the city’s appreciation rate in the current year is -0.01%. The city has also had some of the highest population growth rates over the last ten years. The average sale price per square foot in San Diego is $485, up 11.1% since last year. Here are the current market trends. He specializes in creative financing, locating undervalued real estate for buyers, and getting sellers more money for their homes in less time with less stress and hassle. Hot topics in the Fall housing market: foreclosures, millennials, and the election. I want to be very clear - I call things as I see them from over 20 years doing real estate, loans, and investing, not only in San Diego, but overseas as well. San Diego Real Estate Market Statistics for August 2020 According to Redfin, the metro area had about a two-month supply of homes for sale as of April 2020. Check the San Diego housing market, including home prices and housing development. See more real estate market trends for San Diego County. To add a cherry on top, the average weekly wage in the city is $1,260, which is the 9th highest in big metro areas. According to the latest San Diego real estate market update for August 2020, inventory of single-family homes has dropped 51.2%. According to Mashvisor’s investment property calculator, these are the top neighborhoods to invest in in the San Diego housing market: Related: Where to Find Reliable Property Data for Your Real Estate Investment. Real estate investors who use Mashvisor’s Property Finder to find rentals will be able to generate even more in profit with their properties in the San Diego housing market. All in all, the San Diego housing market is a top-tier market for 2020. There is a lot going on with San Diego real estate, however, apart from its high home prices and exceptional rental income. Entering the fall season, the housing market is expected to hold strong. San Diego Real Estate Market Statistics for September 2020 September 20th, 2020 | Real Estate Trends | Real Estate News. Lowest San Diego real estate inventory ever recorded. Find out the answer by reading this blog post! Its summer now, traditionally the lowest inventory and most sales of the year, and we have something new in that kids are *not* going back to school for fall semester, at a minimum. By purchasing San Diego real estate listings, real estate investors will easily accomplish this goal. Mix that in with riots and protests and it's been interesting. The quarantine seems to be lightening up. "description": "Scott Taylor is a licensed mortgage loan originator, real estate agent, and full time investor in San Diego.\n\nHe specializes in creative financing, locating undervalued real estate for buyers, and getting sellers more money for their homes in less time with less stress and hassle.\n\nHe bought his first investment property at the age of 21, became licensed at 22, and a broker at 24. Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes. The San Diego real estate market was experiencing a supply shortage before the pandemic occurred. }, If you missed it - you can see my San Diego mortgage trends here. Property prices are a large influencer of real estate. 2020 October Real Estate and Mortgage Trends – San Diego, California. You might agree, disagree, or have different takes. For perspective, this 1% increase still leaves San Diego 50% below peak 2003 sales numbers. The lowest interest rates ever are bringing many motivated buyers into the market, which has led to the fastest sales growth in the California real estate market in a decade. You may have noticed that we haven’t mentioned the Airbnb San Diego housing market as of yet. San Diego Real Estate Market Forecast 2020 | 2021 (Trending) Houses (3 days ago) San Diego Real Estate Market Forecast For 2020 | 2021 (Trending) Most home sales experts are predicting a slump in San Diego home sales in 2020. })(); var clicky_site_ids = clicky_site_ids || []; clicky_site_ids.push(100907214); Scott TaylorReal Estate/Mortgage Loan OriginatorPacific Home BrokersCA DRE #01362400NMLS #1266710, San Diego Real Estate Hunter302 Washington StreetSuite 150-9487San Diego, CA 92103Call or Text (760) 297-4539, //