Housing Sales Heat Up

Unaccustomed as we are to positive real estate stories in the news, we should probably get used to it! A recent article in the San Diego Union Tribune reports Housing Sales Heat Up

Homebuyers snapped up more than 40,000 properties last year, the highest volume since 2006, when about 44,500 homes were sold, according to numbers from real estate tracker DataQuick.

The article ties price increases largely to:

  • A major drop in foreclosure resales
  • Investor purchases

This is truly exciting news for San Diego County real estate!

investor purchases

 

 

 

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