What do you think about the current state of San Diego’s real estate market? 🏡 Are you surprised by the trends we're seeing? If you're thinking about moving to San Diego or looking for homes for sale, I’d be happy to chat. Feel free to reach out at info@bestlifehometeam.com or call/text 619-719-1122.
@House_hacker_619
3 ай бұрын
If there’s a housing market crash San Diego is probably the last area to crash. We’re running out of land in San Diego and cost to build is too damn high.
@ReeLSpirit
3 ай бұрын
You are everywhere 😂
@House_hacker_619
3 ай бұрын
@@ReeLSpirit I’m in San Diego and this guy is spot on with current market 😂
@KevinSmith-qi5yn
2 ай бұрын
There is plenty of land. It just costs $300k to get permission to build after a 3-year review process.
@House_hacker_619
2 ай бұрын
@@KevinSmith-qi5yn I don’t have $300k to spend just to get a permit 😂
@alangwhiteTheBoss
2 ай бұрын
@KevinSmith-qi5yn yup tried to build in jamul and the county kept putting up barriers for our permit
@ALLworldCONSTRUCTIONLLC
3 ай бұрын
Inventory is increasing a tiny bit. Existing homes on market longer. Sellers coping, with buyers refusal to overpay. Noticeable drop in inquiries to service homes… all and the only stocks going up recently are chip stocks. Yes, slightly uncertain but deals are opening up, just expect sale price to dip a tad, but it might not dip more than 5%
@ivancortez7653
3 ай бұрын
They need to regulate short term rentals as well,
@albertopena80
2 ай бұрын
Yes for correction, no to it being back at pre pandemic. Safety, convenience and location are always important. San Diego county is just too popular and our economy is doing well than other counties in our state. Local Fallbrook resident.
@davidpierce3217
3 ай бұрын
You guys probably saw the recent news article that San Diego was just named one of the most "impossibly unaffordable" housing markets in the *world*. That was computed using the house price / income measure. I don't think it would be bad to have home prices drop modestly.
@House_hacker_619
3 ай бұрын
You’re too late 😂. Last year we were voted the most expensive place to live in the country
@ZuluNation05
3 ай бұрын
@househacker Based off of household income. If you're going to comment read past the headlines. There's way more expensive places to live in the country.
@House_hacker_619
3 ай бұрын
@@ZuluNation05looks who’s here the crashbro. 😂 Any luck with your house hunting
@ZuluNation05
3 ай бұрын
I'm not looking. Just keeping track of patterns an actual data. Was a realtor myself buddy. I know how to read between the lines when it comes to housing. Keep cheerleading.
@House_hacker_619
3 ай бұрын
@@ZuluNation05 you were probably a horrible realtor 😂.
@muznakazim4316
3 ай бұрын
I don’t think market is gonna crash. The house that I had loved and couldn’t secure due to competition back in 2021 was $1.3 M. Now, the same house is over $2.4M. Even if the prices crash in future, it’s still not gonna fall far off. Crazy insane prices in San Diego is the new reality. If we find a house that we like and can afford today, I think we should go for it. Truth is, incomes are not rising as the house prices are, so affordability is pretty much the same and will remain same or go south considering San Diego rising to being the most expensive city in the U.S. I will keep looking for what I can get in this market.
@ReeLSpirit
3 ай бұрын
If a price crash happens, it’ll drop to $1.5M-1.8M? Still higher than 2021…
@qbertrules4394
Ай бұрын
if you really are confident rates are going to drop now is the time to buy. lower rates will improve supply, but will increase demand more
@AritheCreator_
Ай бұрын
Do you have a San Diego first time home buyer guide for 2024?
@nonexistent5030
3 ай бұрын
If youre thinking "the market wont crash because of all the cash on the sidelines!" Just know this cash aint coming off the side lines anywhere near these prices. And if that means i dont get to buy any time soon, believe me when i say i am in no hurry. Only fools are buying right now.
@erniegutierrez2288
3 ай бұрын
You hit the nail on the head Dan! Potential home sellers have less reason to sell when they can rent our their home and make a significant profit which decreases the supply, and you can also add the option of AirBnB ing your home out here in San Diego, a major tourist destination. As a potential home buyer, Im also factoring in the new hurdles in homeownership like insurance and the fact that half of San Diego is now a "firezone" "Like"
@uknonwusernumber5555
3 ай бұрын
i Cant wait to watch this two years from now with the "Aged like milk" tag..
@DanPBestLifeSD
3 ай бұрын
Lol, I’ll always give my opinion and analysis of what I expect to happen, but there’s zero guarantee. I’m curious what you mean. Do you think the market is going to crash or keep shooting up?
@twalsh1801
3 ай бұрын
is vid synced with sound?
@Blackpiller7
3 ай бұрын
Too much military spending to cause a crash here
@robotekusa
3 ай бұрын
Dont forget about the beaches always being closed because Tijuana sewage contamination
@jaimearechiga4880
2 ай бұрын
Once unemployment hits harder in the depression coming up, they’ll be so cheap almost be giving homes away and still people won’t want them 😢
@julienalexander6113
3 ай бұрын
I would hate to be dealing with Florida. What's happening there is absolutely outrageous.
@ReeLSpirit
3 ай бұрын
What’s happening there?
@facemakerable
2 ай бұрын
slow down aii over ca , rate high , price tag over price . collection needed . sd still a great place especilaly by the water
@pylex111
19 күн бұрын
San Diego home prices will remain strong. No housing crash here. Everyone should stop whining and buy before the average price is $2 million
@STORM3SHADOW
3 ай бұрын
We got outbid on a property in San Marcos just this week. People are still buying and paying above asking! Lots of ppl have made a lot of money in the stock market this year alone.
@leslienelis301
2 ай бұрын
We’ve been waiting 4 years for this crash. Everyone refinanced in 2020 with a killer rate. I won’t be surprised if it doesn’t crash.
@DanPBestLifeSD
2 ай бұрын
I’ve been talking to potential buyers my entire career over the last 7 years that were convinced a crash was incoming, and waited on the sidelines. I’m with you, I don’t see a crash coming.
@lanlam9959
3 ай бұрын
And this SELL will happen just DON'T KNOW WHEN!!! BUT WILL HAPPEN REGARDLESS OF COST OF LABOR AND MATERIALS OR POPULATION OR LAND TO BUILD!!! OR WHAT SO EVER!!!
@georgestein7932
2 ай бұрын
No, they are still going up.
@chargerboy411
2 ай бұрын
Simple you don't buy shit in San Diego. Born and raised in San Diego just don't move here don't buy in San Diego is not expanding on creating houses . It's expanding on apartments . Don't buy a house 800+ credit score and 6 figure job and all mortgages are 4-5k a month 😂
@jessicapalacios1673
2 ай бұрын
8-9k Mortgage
@chargerboy411
2 ай бұрын
@@jessicapalacios1673 and that's in the "hood" too 😂
@lanlam9959
3 ай бұрын
To make a story SHORT, a business man want to gain some profits he must sell some goods. A real estate investors wants to gain some CAPITAL GAIN THEY MUST SELL SOME REAL ESTATE!!! 😁👍👍
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