21 күн бұрын
Пікірлер
@DJjussi1 12 күн бұрын
Love this, you should do it monthly with this format
@agentcrypto7741 25 күн бұрын
“Still a sellers market.” -famous last words backed by no data. -sincerely your typical commission hungry realtor
@ClintonBarnes1 27 күн бұрын
Inventory issue
@richardstiles6039 Ай бұрын
a bubble is a bubble is a bubble -- monthly payments average are above $5k -- it's all about monthly payments -- and that's for something cheap and not really desirable -- I'm hearing lots of the same things people were saying in 2007/2008 -- everyone says it's different now -- yep it is -- but this is not sustainable - our salaries haven't gone up that much -- i would never buy in this environment -- if prices don't drop - I certainly don't believe they will go up exponentially -- and counting on rates to drop is not a sound decision -- who knows where rates are going to be --
@MrRussianGerman Ай бұрын
Bingo…salaries or pay. Broken system. It worked for generations before as. These systems weren’t meant to last thing long before they collapse. “Strength” of the dollar, pensions, social security….etc.
@joemomma707 Ай бұрын
A crash isn’t happening any time soon. That’s for sure. The major difference between today and 2007 is that they were approving anyone and everyone back in 2007. Today, if you don’t, you don’t get the loan. I’m selling my home, ending up with 325k profit, and that’s after realtor commission. I’m putting 260k down and keeping the rest. My mortgage will still end up being $4,247. I’m well under the 25 and 28 percent rule. This shit is insane. There are people in Cali that will NEVER be able to purchase a home. Never
@biplobgolder600 Ай бұрын
wow❤😮
@jbuggy21 Ай бұрын
Great analysis. Your market looks a lot like mine up here in Sacramento. My sold-to-list is a little skewed as a lot of homes are hitting the market overpriced...so, sold-to-list is under 100% but median price is up almost 2% last quarter. I'm seeing a lot of homes sit and get price reductions. We're in what I call a "frozen seller's market" (borrowed term). I just listed a move-in ready home about 1.5% below market value to compete with other listings, and we got into contract with a buyer for $20k over list (+3.2%) within 7-days. Location, location, location has become location, condition, price.
@sellyourhousesandiego Ай бұрын
It'll be interesting to see what happens over the next few months. Just this week it looks like a handful more properties have been popping up on the market. Still competitive for sure, but like you said, location, condition, and price.
@MDTanbirSEO Ай бұрын
Amazing your content
@sellyourhousesandiego Ай бұрын
Thanks for tuning in!
@MDTanbirSEO Ай бұрын
@@sellyourhousesandiego Welcome. I am a new subscriber to your KZbin channel and I did an audit report for your channel and found some issues that I think should be addressed. I think your KZbin will grow a lot if you solve the problems. I can show you the audit report if you want. Thank you.
@lucristianx Ай бұрын
That’s not the same as lower final sale price. They’re still higher than this time last year.
@Impozalla 2 ай бұрын
My neighbor listed his house in La Jolla for $12 million. It was so for $14.5 million due to a bidding war. The market is still hot.
@vicd7350 2 ай бұрын
My neighbor in chula listed at 800 and just sold for 820.
@mexreax4493 2 ай бұрын
Damn that dude that bought is about the get fked so bad. Lmao
@brandenyourmortgageguy 2 ай бұрын
This is great info, thanks
@MagnusMagnus-t5e 2 ай бұрын
There may never be enough supply. And a lot of folks do not want to live in huge apartment complexes.
@josephfinds 2 ай бұрын
Thank you for sharing this. 👏🏽 Good advice. “Don’t bank on interest rates dropping.”
@simonbenfrech7574 3 ай бұрын
Chris and Cassidy helped us find our dream home . Can’t recommend them enough !
@sellyourhousesandiego 2 ай бұрын
Excited for you!! Thanks for the rec!! 😉
@ryanrusco 3 ай бұрын
Nice board 🤙
@sellyourhousesandiego 2 ай бұрын
Thanks! It doesn't get in the water much these days, but it's super fun!
@ryanrusco 3 ай бұрын
Nice vid! I’m prospecting in Mount Hope, any thoughts on the direction of the area in the next 5-10 years? Zip is 92102, but it’s not South Park 😊
@MRS.RM1 3 ай бұрын
Awesome Chris! Thank you 🙏
@sellyourhousesandiego 3 ай бұрын
You got it!
@realTLC 3 ай бұрын
1) Buying in 92117 2) Selling in Hillcrest/Mission Hills 92103
@MRS.RM1 3 ай бұрын
Chris pls make an update on 92114
@sellyourhousesandiego 3 ай бұрын
Here you go! kzbin.info/www/bejne/iWe7qZdojsSBras
@Lincoln018 3 ай бұрын
Amazing Chris! Thanks for listening to your viewers and making great content!! 👏
@sellyourhousesandiego 3 ай бұрын
My pleasure!
@tilda9621 4 ай бұрын
😋 "Promo SM"
@Lincoln018 4 ай бұрын
How's it looking for Crown Pointe?
@sellyourhousesandiego 3 ай бұрын
Here you go! kzbin.info/www/bejne/fH20pH6um6h6jac
@sellyourhousesandiego 3 ай бұрын
Here you go! kzbin.info/www/bejne/fH20pH6um6h6jac
@billligon4005 4 ай бұрын
Selling my condo, to my neighbor, no mortgage, negotiated seller paying all closing costs. What, if any are my costs?
@sellyourhousesandiego 4 ай бұрын
Hey Bill! Cassidy sent you a reply to your email. Just following up to make sure you got it@!
@sellyourhousesandiego 4 ай бұрын
What are you guys seeing out there?
@Rakibahamme0 4 ай бұрын
good video
@sellyourhousesandiego 4 ай бұрын
Glad you enjoyed 👍
@johnmalmgren4604 6 ай бұрын
Enjoy your channel, very informative. How about some info on, when paying cash for a house.
@sellyourhousesandiego 5 ай бұрын
Great suggestion! Anything specific?
@biplobgolder600 6 ай бұрын
wow🥰🥰🥰
@sellyourhousesandiego 5 ай бұрын
😀😀
@channelsold3236 6 ай бұрын
this is ultra incredible!!! that means that the real estate market is no longer location, location it's now above asking price !!! 8%- 15% that means your new neighbors will love you since there home value has now increased as well super game changer in real estate forever 2024 💸 💰 🤑 🏡 🏠
@sellyourhousesandiego 6 ай бұрын
Location is still super important - i.e. is it near a main road or freeway. Even right now in SD about 23% of the homes on the market have had a price reduction. The homes that are priced properly and prepped for the market seem to sell the quickest for the most money.
@monkmysterio 6 ай бұрын
abolish zoning
@drewrowe 7 ай бұрын
mans casually said a 1.2 million dollar home is entry level .... entry level for who!? the average salary in SD is under 100k. locals cant afford this
@sellyourhousesandiego 7 ай бұрын
Yeah, the prices really accelerated over the past few year. Avg price for single family home right now is closer to $1.3M when it was about $860K in Jan of 2020.
@drewrowe 7 ай бұрын
@@sellyourhousesandiego do you think that sustainable or even logical for that much of an increase in 4yrs ?
@sellyourhousesandiego 7 ай бұрын
@@drewrowe Since interest rates have started to rise the frenzy of the market has slowed down a bit, but we just had a colleague sell a starter home in Carlsbad (original price $1.15M, sold $1.25M) with 12 offers. But sustainable - I don't believe we can see another 50% rise in the avg. sales price of homes here in San Diego over the next 4 year, but who knows. As of recently though the main thing driving prices up is lack of homes for sale. Until we see a significant change in that, prices will likely continue to rise at a faster clip than usual.
@bicycleseatthoughts4405 7 ай бұрын
Who tf would buy in California?
@sellyourhousesandiego 6 ай бұрын
All else aside - it is beautiful!
@OrlaSanDiego 9 ай бұрын
I am getting my RE license. I’d like to know about the 92120 area of Del Cerro /San Carlos. Nice video, like your presentation. I’m just amazed at the generally low inventory even a tiny bump in available homes is notable. Thanks.
@sellyourhousesandiego 7 ай бұрын
Got it! We'll try to get an 92120 update in the mix for a future vid. Good luck with the exam!
@joeselkey4404 9 ай бұрын
So, you’re NOT moving? Is that the change? A little unclear how you phrased it at the end.
@sellyourhousesandiego 9 ай бұрын
Not moving in 2024. Sorry for the confusion. Was trying to convey that I was planning on moving in 2034 (i.e. I Would Buy and Sell in 2024) but our situation has changed, uncorrelated to market conditions. Thanks for watching and the feedback!
@yongsann 9 ай бұрын
Watched the entire vid, re-watched because I thought I missed it, but nope.. did not hear your thoughts/recommendations on whether it's a good time to buy or sell in SD.. lol
@sellyourhousesandiego 9 ай бұрын
My original plan was to buy and sell in 2024, but we have had to reassess due to our financial situation changing, not necessarily what will be happening in the real estate market in 2024.
@skiplauderbaugh5058 9 ай бұрын
13 minutes of video and you talked all around it, but never answered the question “ Would I buy or sell a house right now in San Diego ?”…….
@judithsmith9582 9 ай бұрын
Exactly. A lot of blather and no content.
@sellyourhousesandiego 9 ай бұрын
Simple answer...yes. My original plan was to sell our current home at the beginning of 2024 and purchase another home towards the end of 2024. But our plans have changed. Not due to market conditions or anything happening in the real estate space, but our situation has changed.
@sellyourhousesandiego 9 ай бұрын
Thinking of making the move in 2024?
@alistershirazi 9 ай бұрын
Nice video 💪 I’m in San Diego and am doing podcasts with people in the biz. Lmk if you would be down to collab!
@sellyourhousesandiego 9 ай бұрын
Thank you! Definitely interested. Can you shoot me an email - [email protected]
@chrischoir3594 10 ай бұрын
They are trying to prop up real estate values so they can get more tax revenue
@sellyourhousesandiego 9 ай бұрын
If certain cities do adopt it it'll definitely generate some more revenue. Questions is - will home owners sell their ADU's?
@chrischoir3594 9 ай бұрын
@@sellyourhousesandiego if they sell them they will have to pay Capital gains
@star_platinum2821 10 ай бұрын
will the person who buys the ADU own the land or just the ADU
@sellyourhousesandiego 10 ай бұрын
The way I understand it is that it'll be like a condo setup. When you purchase a condo you own the unit itself and what is known as “interest” that you share with all the other owners in the “common areas” of the condominium. More details to follow...
@SpencerHeckwolf 10 ай бұрын
The way you get more affordable housing is by building lots of homes.
@sellyourhousesandiego 6 ай бұрын
That would be ideal. Unfortunately a lot of San Diego is built out and/or cities are too restrictive on new builds.
@sellyourhousesandiego 11 ай бұрын
What neighborhood do you want us to breakdown next?
@deborahbuffamanti4847 11 ай бұрын
It’s already mid 8s for folks w a 760 credit score….
@sellyourhousesandiego 11 ай бұрын
Yeah and if the 10 year keeps rising we could see higher for longer 😦
@Jeff-ni6kh 11 ай бұрын
in the 92130 there is a glut of rental properties on the market. Never seen this many homes for rent . What does this fortel ? Plenty of price reductions too ! Is something brewing ?
@sellyourhousesandiego 11 ай бұрын
Last year when rates hit 7% the market froze and prices dropped a bit. This year now at 8% the market has definitely slowed (which will likely continue for the next few months) but prices are fairly stable right now. For the rest of 2023 we'll see less homes sold, but prices are still sitcky. I think we'll have a better picture come the new year.
@ALLworldCONSTRUCTIONLLC Жыл бұрын
Good video guys
@sellyourhousesandiego Жыл бұрын
Thanks! Appreciate it 😉
@drewrowe Жыл бұрын
So sellers are finally getting a reality check and buyers are still getting screwed….over paying, dealing with multiple offers , and waving contingencies. Smh fuck this market I just renewed my lease in clairemont . Hopefully it will be better for buyers next year.
@sellyourhousesandiego Жыл бұрын
Yeah, it's been tough for buyers for the past few years. Just not a ton of homes for sale (supply) and lots of people who want to buy (demand). Maybe we'll get back to a more normalized market next year for ya. Only time will tell! Thanks for watchin'
@amesasw Жыл бұрын
I feel like at this point, when I am forced to increase home size, I should just rent out my condo and rent a larger home. Way cheaper to rent most nice area homes right now.
@sellyourhousesandiego Жыл бұрын
I think a lot of people are in your same boat. It'll come down to 1. Do you want to be a landlord 2. Can you do something better with your equity if you sold your home.
@amesasw Жыл бұрын
@sellyourhousesandiego yes, that is the hard decision. Because in theory I could put that equity in another long term investment. And have better access to those assets. But I lose leverage(good and bad). Also I see home ownership as one of the few hedges against inflation we have. If rents go to the moon. I can always reclaim my condo. Definitely risky and more work to be a landlord. But if I did become one, I think I would do better with a property I know very well like this one. Risk depends on how toxic california laws get.
@tha92106 Жыл бұрын
This could be OBE if the asset bubble pops and prices fall 30-50% or more
@tha92106 Жыл бұрын
Is there a limit on the number of SB-10 conversions in an area? If not, the overloading on utilities and street space could be severe. If there is, there will be a rush to cash in lottery ticket and get out. Houses will be valued based on their develipment value which is likely far above current market prices. Any forecasts?
@sellyourhousesandiego Жыл бұрын
Not sure if there is a number limit but there is an area limit (transit rich and urban infill). So far the city has moved forward with the San Diego Housing Plan but without SB-10 as part of it (for now...)