Is renting really more affordable than buying a home? 2017 Rental Affordability Report compares 540 US counties.
We hear about trends in the real estate market on the news and the radio, television, newspapers, blog and internet sites. Everyone has an opinion about whether home prices are going up or down, but how do we really know? You might be surprised at the data for a particular area. Some parts of the County always do better than others, despite a general trend. Take a look.
Pricing Always Comes Down to Supply and Demand
When there are more buyers for a particular type of home than there are homes, prices are strong. When there is an oversupply of inventory, buyers can take their choice of homes and usually drive a hard bargain.
We’ve provided charts on various areas within San Diego County to make it easier for you to spot trends. If you’d like to see information on an area we don’t offer, just ask, and we’ll get it for you.