Real estate has been on a good run, the stock market, not as much. Both trends should continue throughout 2016.
Real estate has been on a good run, the stock market, not as much. Both trends should continue throughout 2016.
San Diego home prices in March hit their highest level in nearly nine years, real estate firm CoreLogic reported Monday.
Millennials, a huge slice of that workforce, are choosing to rent longer — putting off starting families and preferring transit-commuting distance to work.
San Diego County home prices rose 6.6 percent in the year ended in September, said the S&P/Case-Shiller Home Price Index released Tuesday.
Home prices increased by 0.8 percent in July and 5.4 percent over the full year in San Diego County.
Home price appreciation in San Diego County is nearly back to a normal pace, continuing its descent from last year’s gains of more than 20 percent.
As the “rebound effect” of investors scooping up cheap properties wanes, job growth is now playing a part in boosting home prices.
San Diego County ranked seventh nationally last month in home-price increase, ZipRealty reported Thursday.
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