San Diego Housing Inventory at Low Numbers

Where did all those Home for Sale signs go? They’ve become scarce in San Diego County, leaving home buyers in a competitive situation that few anticipated. In cities like San Diego, the “buyer’s market” is a thing of the past. Homes are selling faster than they’re coming on the market, and those...

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The Importance of a Reasonable Purchase Offer

Right now in San Diego we’re experiencing a shortage of homes for sale. When the market is balanced, we have 6 months worth of inventory. As we go into 2017, we have just over 2 months worth of inventory. As a result, buyers are competing for every correctly priced home. Most San Diego homes are priced at – or even...

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Before You Leave the House to View San Diego Homes for Sale, Get Prepared

You’ve been pre-approved for a mortgage loan, you’ve chosen an agent, your agent has helped you narrow the search, and now it’s time to get in the car and see those San Diego homes in person. This is fun and exciting, but can also be confusing and exhausting if you’re not prepared. Happily, being...

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Searching for a San Diego Home

When you begin the search for your San Diego home you’ll see more homes for sale than you could possibly view, even though the inventory is low. Your first task, then, is to narrow the search. First, settle on a price range. When you meet with a lender to become pre-approved for a home loan, you’ll learn the maximum...

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What’s the difference between “prequalified” and “Pre-approved?”

San Diego home buyers understandably get these two terms confused, but there is a great difference. Anyone can become prequalified over the phone, with no documentation. You simply tell the mortgage lender about your situation and he or she says “I think you can” or “I don’t think you can.” The...

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