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5 Reasons Why San Diego Homes Are NOT Selling

  Рет қаралды 12,119

Nicholas Miele - Living in San Diego California

Nicholas Miele - Living in San Diego California

Күн бұрын

In today’s video, we dive deep into the current real estate market in San Diego and explore why homes aren't selling as quickly as they used to. If you’re a homeowner, a potential buyer, or just curious about the housing market trends in San Diego California, this video is for you. Stick around to get insights, data-driven analysis, and actionable advice.
San Diego, known for its beautiful beaches, vibrant culture, and perfect weather, has always been a desirable place to live. The housing market here has traditionally been competitive, with homes selling quickly and often above the asking price. However, recent trends suggest a shift. Let's explore some of the key reasons why San Diego homes are currently not selling as fast as they once did.
Thinking about moving to San Diego California or any other San Diego neighborhood, make sure you give us a call, shoot us a text, send us an email, or schedule a Zoom call. We'd love to help you make a very smooth move to San Diego.
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We love helping awesome people buy, sell and invest in San Diego Real Estate. Nicholas Miele is focused on education, relationships and doing what he says he's going to do.
DISCLAIMER All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording
#sandiegorealestate #sandiegopropertiesforsale #housingmarket

Пікірлер: 41
@lifeinsandiego
@lifeinsandiego Ай бұрын
Thinking about making the move to San Diego? Reach out! We're here to help :) Call or Text us: 760.685.7956 Email us: nick.miele@compass.com Schedule a Zoom Call or Phone Call: calendly.com/nick-miele
@chrisn9638
@chrisn9638 Ай бұрын
Awesome video. Another factor contributing to the slow down in SD housing market is affordability. There is a good portion of homeowners that could not afford their house with current interest rates and house valuations which is preventing potential buyers from entering the housing market.
@lifeinsandiego
@lifeinsandiego Ай бұрын
100%!
@pauliden9090
@pauliden9090 Ай бұрын
Uh gee, do you think the fact that the median cost for a home in SD County just hit a million dollars could have anything to do with homes not selling quickly?
@evolusd
@evolusd Ай бұрын
Potential buyer here in North county. The math ain't mathing. What I rent for 5,600/mo would cost $2M to buy. That 400k down pmt I'm earning 5.25% interest in Tbills and the expenses of owning would be WAY MORE than my rent (excluding Principal portion of mortgage pmt, obviously). Happy renter until things normalize, which admittedly might take a while.
@lifeinsandiego
@lifeinsandiego Ай бұрын
I hear ya brotha! Renting is the least expensive route at the moment. It’s difficult to make the math math unless you’re putting down a hefty amount.
@goldcds
@goldcds 14 күн бұрын
So in my SD neighborhood, home prices are averaging around $1.4M and selling in days and usually over asking price. These were $660k in 2015.
@lifeinsandiego
@lifeinsandiego 14 күн бұрын
Yeah, some zip codes are selling like hot cakes while others are taking a bit longer. Where do you live?
@augustoliver2779
@augustoliver2779 2 ай бұрын
lol. Dude just said not to list if you have a busy schedule. You got to love real estate agents.
@lyleabrahams
@lyleabrahams 2 ай бұрын
Great work with all the info Nicholas.
@lifeinsandiego
@lifeinsandiego 2 ай бұрын
Thanks Lyle 👍🏼
@SaveManWoman
@SaveManWoman Ай бұрын
12k mortgages plus new tax assessments will hurt families and end in divorces fast. Shame on these agents who are the culprits.
@OrlaSanDiego
@OrlaSanDiego Ай бұрын
I’ve seen some homes in the Del Cerro/San Carlos area that are nice, but very dated. Like a 70s-80s time warp. Does not seem to affect prices though.
@RyanJohnson-pz4tb
@RyanJohnson-pz4tb Ай бұрын
With 20% down cost are 2-3 times more than renting similar property.
@hmarquestt
@hmarquestt Ай бұрын
Hello bro. Please prepare some video that talk about house renting in San Diego. I think you just talk about prices to buy some houses. Iam planning move from Brazil to San Diego due company transfer and I will look for rent.
@SuperMassman
@SuperMassman Ай бұрын
it's ALWAYS the price,, The place is rundown, needs a lot of work,, it will sell quickly at the right price.
@jack91522
@jack91522 Ай бұрын
You forgot to talk about property insurance or lack of options
@lowkeygato2133
@lowkeygato2133 Ай бұрын
A lot foreign investors utilize American firms so there’s a guise over who’s really controlling price per sq ft.
@DITTOE
@DITTOE Ай бұрын
Interest rate and elevated prices
@jeffgunn2129
@jeffgunn2129 Ай бұрын
I have no idea how anyone can buy a house in SD right now. I mean $1Million for a 3 bed 2 bath 1500 sqf home in an okish neighborhood. We need a correction.
@ajara5027
@ajara5027 Ай бұрын
looks like buyers have options now.. A year ago, any house can go as long as its priced right fast.
@lifeinsandiego
@lifeinsandiego Ай бұрын
Markets do shift indeed!
@stargazer5073
@stargazer5073 Ай бұрын
SD TOO EXPENSIVE!!!!
@lifeinsandiego
@lifeinsandiego Ай бұрын
Spoiler alert!
@johng187
@johng187 Ай бұрын
Bugatti’s are too Expensive
@user-yl9ew1os9m
@user-yl9ew1os9m Ай бұрын
Long time resident of SD. Recently moved to AZ and bought a house. Got tired of renting and pretending prices would return to pre pandemic levels. AZ is not SD, but having my own house is worth its weight in gold. Maybe I’ll return at some point but happy I’m not pouring money into junky apartments.
@SaveManWoman
@SaveManWoman Ай бұрын
Sellers have entered denial stage which is last stage of cycles.
@King_Lewyy
@King_Lewyy 29 күн бұрын
1:32, what neighborhood is that?
@King_Lewyy
@King_Lewyy 29 күн бұрын
7:51 as well
@fozzir
@fozzir Ай бұрын
It's simple, prices and interest rates are too high.
@scottmcamis2127
@scottmcamis2127 Ай бұрын
Prices!!!!!#
@facemakerable
@facemakerable 2 ай бұрын
speaker low volume
@pamelamays4186
@pamelamays4186 Ай бұрын
The prices are too damn high!
@lifeinsandiego
@lifeinsandiego Ай бұрын
Amen!
@jaimearechiga4880
@jaimearechiga4880 Ай бұрын
Very inflated prices, just of matter of time to collapse
@TableForOne2025
@TableForOne2025 Ай бұрын
Not true in my neighborhood at all.
@1stfarm349
@1stfarm349 Ай бұрын
Its a bubble waiting to pop
@kirrimann1
@kirrimann1 Ай бұрын
Rude neighbors
@Thats_my_opinion_so_chill
@Thats_my_opinion_so_chill Ай бұрын
Misleading title
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