October Real Estate Market Update

Real Estate Market Update – San Diego NAR Chief Economist Lawrence Yun talks about the factors that led to the decline in existing-home sales in September: summer sales were stronger than usual, affordability is at a five-year low, income is not rising at the same rate as home prices, and interest rates are going up. Other fiscal indicators mark that in 70+% of America’s largest cities it is cheaper to buy then rent. This means it is the time to Click for More →