Latest San Diego Real Estate Market Insight
If you’re keen to invest in your future in the San Diego real estate and buy before prices become out of reach, you must peruse till the end. A recent forecast for the San Diego real estate market suggests that home prices will continue rising into 2019, but at a slower pace than the previous year. San Diego is home to roughly one and a half million people. It is the second biggest California city and one of the ten biggest cities in the country. San Diego is one of the fastest growing cities in the U.S., too. San Diego is often overlooked in favor of hotter real estate markets like San Francisco and Los Angeles. However, that’s one of the reasons why you should consider investing in the San Diego real estate market.
If you are a home buyer or real estate investor, San Diego definitely has a track record of being one of the best long term real estate investments in America through the last ten years. San Diego housing market remains one of the hottest in the nation (ranked 10th by Zillow). Rents are predicted to rise 8.4% and properties are forecast to rise 4.7%, so investing in San Diego real estate in 2019 seem to be the right investment decision. The San Diego home price appreciation forecast for 2019 is between 4% to 5%. Let’s take a close look at the San Diego real estate market trends and forecasts for 2019 & 2020 and find out why is it one of best real estate markets to invest in California.
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