Denise Matthis
5 TRENDS TO WATCH OUT FOR IN 2021 VALUE OF SAN DIEGO HOMES WILL RISE
SERIOUS MARKET UNCERTAINTIES
San Diego remains one of the top-rated cities to live in; this is because it offers residents income growth and job opportunities. This has led to an increasing growth in the population size and the rise of home values in the city. As many more industries jump into high gear in this location, there is money flowing in and jobs to be gotten. With these results, it is expected that there will be more people moving into the area to get jobs. A
There are many events going on around the world, including unemployment rates going through the roof in San Diego, major shutdowns of businesses and schools because of the pandemic. With all of that, including protests and riots, it’s going to be an interesting year in the real estate industry, and the market would be quite uncertain throughout the year. WWW.THEPOWERISNOW.COM
2020 ended with San Diego’s real estate inventory reaching the lowest it has ever been, and this would affect the value of homes as the low supply would lead to the rise in the price of homes. Experts predict the values of San Diego will rise by 4.3%, and rentals will outpace homes with an increase of 8.6%. Homes that are priced at $2 million have a high rate of pending sales, and it is bound to keep going up as the year progresses.
MORE PEOPLE WILL BE MOVING TO SAN DIEGO
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f you live in San Diego, then you know that it is one great city that offers you lots of activities, places to go and many jobs as well. However, for those who would like to move down to San Diego or are looking to buy a home, there are major changes coming your way. Some of these changes are advantageous, and there are others that could turn out to be challenging for you. Listed below are five trends to watch out for in 2021, and if you pay close attention, you might be able to use these trends to your advantage throughout the year.
