The Real Estate HEAT (Housing Experts Anticipating Trends) Index is a monthly leading indicator of nearly 40 housing markets in the U.S.
Five Star Professional partners with thousands of real estate agents who complete a weekly survey about the conditions they are observing in their marketplace.
The HEAT Index has a midpoint of 50, this means the market is neither hot nor cold.
A higher Real Estate HEAT index is correlated with:
• • •
- Rising buyer traffic
- A seller’s market
- Rising home prices
San Diego is home to roughly one and a half million people. It is the second biggest California city and one of the ten biggest cities in the country. San Diego is one of the fastest growing cities in the U.S., too. San Diego is often overlooked in favor of hotter real estate markets like San Francisco and Los Angeles. However, that’s one of the reasons why you should consider investing in the San Diego real estate market.
The median home value in San Diego is $632,000 on Zillow. San Diego home values have gone up 2.3% over the past year, but are now LOWERING or staying steady right now, so now is the time to buy! Click to see my featured listings to see if any of these homes are perfect for you.
Iis a pretty balanced market right now. Buyers and sellers are doing good. So if you are looking to buy or sell, now is the time.
Always following the trends will help you decide if now is the time or if you should wait to buy or sell a home. Of course, having a professional on your side, decoding the market for you will always help.
If you have any questions, I am always happy to help. Email me now: email@example.com or Contact me here.