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The Hottest Real Estate Market in California

By Robert MacGuire Friday, July 31, 2020

Today on the Southern California Real Estate Report we took at San Diego home prices in comparison to the rest of California and the nation,

Buyers are still motivated to buy homes amid the pandemic. However there are less sellers willing to sell or move during this time.

As on May San Diego home prices had risen 5.2% in a year and keep rising, out pacing other normally hotter markets like San Fransisco and Los Angeles.

Part of the reason might be the low interest rates.

30-year, fixed-rate mortgage in May was 3.23%. That number is down from 4.07 for May of last year.

The article referenced for this podcast is from the Union Tribune titled "San Diego home prices outpace other markets in California"

Have an comments or questions please reach out to us by visiting our website at ipasd.com

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Author

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Robert MacGuire
Founder
Founder and Principal of Income Property Advisors, Inc., Robert MacGuire has been involved in the management, marketing and sales of residential income and commercial properties in San Diego and Santa Barbra Counties since 1998. His specialty is multi-family and residential income properties and representing buyers and sellers in the purchase of these properties. Mr. MacGuire has become known for his fair and aggressive representation of his clients and this has earned him the respect and busine...
Founder and Principal of Income Property Advisors, Inc., Robert MacGuire has been involved in the management, marketing and sales of residential income and commercial properties in San Diego and Santa Barbra Counties since 1998. His specialty is multi-family and residential income properties and representing buyers and sellers in the purchase of these properties. Mr. MacGuire has become known for his fair and aggressive representation of his clients and this has earned him the respect and business of many established Real Estate investors in San Diego and Santa Barbra County. Income Property Advisors, Inc., currently manages approximately 100 million dollars’ worth of multi-family and residential income assets. Mr. MacGuire has been involved in numerous Real Estate transactions in San Diego and Santa Barbara County earning him top producer designations in multiple commercial Real Estate offices over his 20-year career as an Agent and Broker. Mr. MacGuire is a member of the National Association of Realtors (NAR), California Association of Realtors (CAR), the National Association of Residential Property Managers (NARPM) and the San Diego County Apartment Association (SDCAA) He is a licensed Real Estate Broker in the State of California. He attended the University of Colorado, Boulder.
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