Wednesday, April 17, 2024

The Braceland Report – California Housing INVENTORY April 2024

 


More homes for sale!  This one is all about current housing inventory levels here in San Diego California.  And it’s Good news for you prospective home buyers looking to purchase a home here in the greater San Diego area.  More homes are coming on the market as we transition into the spring selling season.  Still not as good an outlook as in 2018, 19 or even in 2022, but still improving none the less.

Looking at the pricing key displayed along the top of the graph, we can quickly see that there’s essentially no homes for sale below half a million dollars…and those are all way out east, where none of you really want to buy!  Affordability will definitely be a challenge for many, as will competition from other buyers, so be sure to improve your chances of getting the best deal, by connecting with skilled real estate and mortgage professionals to help you.

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