First time home buyers are a driving force in the California real estate market.
The median home price in North County San Diego is $400,000, non-North County is $334,750.
With 30 year fixed mortgage rates hovering around 4%, it is now cheaper to own than to rent.
First time home buyers are now able to experience the “American Dream” purchasing at the bottom of the market as opposed to in the fervor of the top. First time, as well as buyers in all price ranges, are taking advantage of either bank foreclosures or short sales. Demand for these homes should continue to remain strong as inventories remain low.
If you are a first time home buyer call us today at 858.229-9212 we can help!
And don’t forget to contact Gore & Associates to help buy or sell your San Diego, 4S Ranch, Carlsbad, Carmel Valley, Del Sur, Poway, Rancho Bernardo, Rancho Penasquitos, Santaluz, Scripps Ranch and Torrey Highlands real estate.