San Diego First-Time Homebuyer Affordability Increased
…….But so are prices. Can you afford to wait any longer? According to the Union Tribuneand Zillow more higher-priced homes are selling and elevating the median selling price but even with that said, affordability has slightly increased as well. For San Diego, the realty group said the entry-level price in the first quarter was $322,120, the qualifying income $54,330 and the monthly payment $1,810 according to the California Association of Realtors.
Are you worried you will get outpriced with rates anticipated to rise and the housing prices increasing? So, let’s gather the information for you to make an informed decision on buying or selling a home….