Zillow.com released a survey on Friday indicating which major American housing markets were unaffordable. Of the homes currently for sale in San Diego, as much as 55.3 percent of these were said to be unaffordable. The number of unaffordable homes is destined to increase if if mortgage rises like the value of homes in San Diego has.
With the listings in luxury homes, benefits increase for buyers and sellers according to an article in Yahoo! Finance. However the worst thing a home seller in San Diego is list a price that is too demanding. This is because the house will stay on the market for far too long, the price will be forced to drop and consumers …
According to recent data, San Diego ranks 7th in the United States for home price increases, indicating that demand for homes for sale in San Diego is higher than other metro areas.
