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@chrisn9638
Ай бұрын
Awesome video. Another factor contributing to the slow down in SD housing market is affordability. There is a good portion of homeowners that could not afford their house with current interest rates and house valuations which is preventing potential buyers from entering the housing market.
@lifeinsandiego
Ай бұрын
100%!
@pauliden9090
Ай бұрын
Uh gee, do you think the fact that the median cost for a home in SD County just hit a million dollars could have anything to do with homes not selling quickly?
@evolusd
28 күн бұрын
Potential buyer here in North county. The math ain't mathing. What I rent for 5,600/mo would cost $2M to buy. That 400k down pmt I'm earning 5.25% interest in Tbills and the expenses of owning would be WAY MORE than my rent (excluding Principal portion of mortgage pmt, obviously). Happy renter until things normalize, which admittedly might take a while.
@lifeinsandiego
28 күн бұрын
I hear ya brotha! Renting is the least expensive route at the moment. It’s difficult to make the math math unless you’re putting down a hefty amount.
@augustoliver2779
Ай бұрын
lol. Dude just said not to list if you have a busy schedule. You got to love real estate agents.
@SaveManWoman
29 күн бұрын
12k mortgages plus new tax assessments will hurt families and end in divorces fast. Shame on these agents who are the culprits.
@OrlaSanDiego
16 күн бұрын
I’ve seen some homes in the Del Cerro/San Carlos area that are nice, but very dated. Like a 70s-80s time warp. Does not seem to affect prices though.
@lyleabrahams
Ай бұрын
Great work with all the info Nicholas.
@lifeinsandiego
Ай бұрын
Thanks Lyle 👍🏼
@lowkeygato2133
17 күн бұрын
A lot foreign investors utilize American firms so there’s a guise over who’s really controlling price per sq ft.
@RyanJohnson-pz4tb
27 күн бұрын
With 20% down cost are 2-3 times more than renting similar property.
@SaveManWoman
29 күн бұрын
Sellers have entered denial stage which is last stage of cycles.
@jeffgunn2129
13 күн бұрын
I have no idea how anyone can buy a house in SD right now. I mean $1Million for a 3 bed 2 bath 1500 sqf home in an okish neighborhood. We need a correction.
@SuperMassman
23 күн бұрын
it's ALWAYS the price,, The place is rundown, needs a lot of work,, it will sell quickly at the right price.
@hmarquestt
Ай бұрын
Hello bro. Please prepare some video that talk about house renting in San Diego. I think you just talk about prices to buy some houses. Iam planning move from Brazil to San Diego due company transfer and I will look for rent.
@jack91522
24 күн бұрын
You forgot to talk about property insurance or lack of options
@stargazer5073
Ай бұрын
SD TOO EXPENSIVE!!!!
@lifeinsandiego
Ай бұрын
Spoiler alert!
@johng187
24 күн бұрын
Bugatti’s are too Expensive
@user-yl9ew1os9m
18 күн бұрын
Long time resident of SD. Recently moved to AZ and bought a house. Got tired of renting and pretending prices would return to pre pandemic levels. AZ is not SD, but having my own house is worth its weight in gold. Maybe I’ll return at some point but happy I’m not pouring money into junky apartments.
@DITTOE
Ай бұрын
Interest rate and elevated prices
@ajara5027
28 күн бұрын
looks like buyers have options now.. A year ago, any house can go as long as its priced right fast.
@lifeinsandiego
28 күн бұрын
Markets do shift indeed!
@King_Lewyy
11 күн бұрын
1:32, what neighborhood is that?
@King_Lewyy
11 күн бұрын
7:51 as well
@facemakerable
Ай бұрын
speaker low volume
@fozzir
Ай бұрын
It's simple, prices and interest rates are too high.
@jaimearechiga4880
Ай бұрын
Very inflated prices, just of matter of time to collapse
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