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5 Reasons Why San Diego Homes Are NOT Selling

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  • Опубліковано 6 лип 2024
  • In today’s video, we dive deep into the current real estate market in San Diego and explore why homes aren't selling as quickly as they used to. If you’re a homeowner, a potential buyer, or just curious about the housing market trends in San Diego California, this video is for you. Stick around to get insights, data-driven analysis, and actionable advice.
    San Diego, known for its beautiful beaches, vibrant culture, and perfect weather, has always been a desirable place to live. The housing market here has traditionally been competitive, with homes selling quickly and often above the asking price. However, recent trends suggest a shift. Let's explore some of the key reasons why San Diego homes are currently not selling as fast as they once did.
    Thinking about moving to San Diego California or any other San Diego neighborhood, make sure you give us a call, shoot us a text, send us an email, or schedule a Zoom call. We'd love to help you make a very smooth move to San Diego.
    🗓️ Book an appointment: calendly.com/n...
    📱Text/Call Me Directly: 760-685-7956
    📧 Email me: nick.miele@compass.com
    Nicholas Miele | Compass
    DRE# 02089615
    760.685.7956
    nick.miele@compass.com
    🏠 Browse all San Diego homes for sale here: www.nicholasmi...
    Best Schools: www.greatschoo....
    More About San Diego: en.wikipedia.o...
    Census Data: censusreporter....
    Neighborhood data: www.niche.com/
    ========================================
    We love helping awesome people buy, sell and invest in San Diego Real Estate. Nicholas Miele is focused on education, relationships and doing what he says he's going to do.
    DISCLAIMER All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording
    #sandiegorealestate #sandiegopropertiesforsale #housingmarket

КОМЕНТАРІ • 38

  • @lifeinsandiego
    @lifeinsandiego  Місяць тому +1

    Thinking about making the move to San Diego? Reach out! We're here to help :)
    Call or Text us: 760.685.7956
    Email us: nick.miele@compass.com
    Schedule a Zoom Call or Phone Call: calendly.com/nick-miele

  • @chrisn9638
    @chrisn9638 Місяць тому +7

    Awesome video. Another factor contributing to the slow down in SD housing market is affordability. There is a good portion of homeowners that could not afford their house with current interest rates and house valuations which is preventing potential buyers from entering the housing market.

  • @pauliden9090
    @pauliden9090 Місяць тому +10

    Uh gee, do you think the fact that the median cost for a home in SD County just hit a million dollars could have anything to do with homes not selling quickly?

  • @evolusd
    @evolusd 23 дні тому +4

    Potential buyer here in North county. The math ain't mathing. What I rent for 5,600/mo would cost $2M to buy. That 400k down pmt I'm earning 5.25% interest in Tbills and the expenses of owning would be WAY MORE than my rent (excluding Principal portion of mortgage pmt, obviously). Happy renter until things normalize, which admittedly might take a while.

    • @lifeinsandiego
      @lifeinsandiego  23 дні тому

      I hear ya brotha! Renting is the least expensive route at the moment. It’s difficult to make the math math unless you’re putting down a hefty amount.

  • @SaveManWoman
    @SaveManWoman 24 дні тому +3

    12k mortgages plus new tax assessments will hurt families and end in divorces fast. Shame on these agents who are the culprits.

  • @augustoliver2779
    @augustoliver2779 Місяць тому +4

    lol. Dude just said not to list if you have a busy schedule. You got to love real estate agents.

  • @OrlaSanDiego
    @OrlaSanDiego 12 днів тому

    I’ve seen some homes in the Del Cerro/San Carlos area that are nice, but very dated. Like a 70s-80s time warp. Does not seem to affect prices though.

  • @jeffgunn2129
    @jeffgunn2129 8 днів тому

    I have no idea how anyone can buy a house in SD right now. I mean $1Million for a 3 bed 2 bath 1500 sqf home in an okish neighborhood. We need a correction.

  • @lyleabrahams
    @lyleabrahams Місяць тому +1

    Great work with all the info Nicholas.

  • @lowkeygato2133
    @lowkeygato2133 13 днів тому

    A lot foreign investors utilize American firms so there’s a guise over who’s really controlling price per sq ft.

  • @RyanJohnson-pz4tb
    @RyanJohnson-pz4tb 23 дні тому +1

    With 20% down cost are 2-3 times more than renting similar property.

  • @SuperMassman
    @SuperMassman 18 днів тому +1

    it's ALWAYS the price,,
    The place is rundown, needs a lot of work,, it will sell quickly at the right price.

  • @hmarquestt
    @hmarquestt Місяць тому +1

    Hello bro. Please prepare some video that talk about house renting in San Diego. I think you just talk about prices to buy some houses. Iam planning move from Brazil to San Diego due company transfer and I will look for rent.

  • @SaveManWoman
    @SaveManWoman 24 дні тому +1

    Sellers have entered denial stage which is last stage of cycles.

  • @stargazer5073
    @stargazer5073 Місяць тому +6

    SD TOO EXPENSIVE!!!!

    • @lifeinsandiego
      @lifeinsandiego  Місяць тому

      Spoiler alert!

    • @johng187
      @johng187 20 днів тому

      Bugatti’s are too Expensive

    • @user-yl9ew1os9m
      @user-yl9ew1os9m 13 днів тому

      Long time resident of SD. Recently moved to AZ and bought a house. Got tired of renting and pretending prices would return to pre pandemic levels. AZ is not SD, but having my own house is worth its weight in gold. Maybe I’ll return at some point but happy I’m not pouring money into junky apartments.

  • @King_Lewyy
    @King_Lewyy 7 днів тому

    1:32, what neighborhood is that?

  • @jack91522
    @jack91522 20 днів тому

    You forgot to talk about property insurance or lack of options

  • @DITTOE
    @DITTOE Місяць тому

    Interest rate and elevated prices

  • @ajara5027
    @ajara5027 24 дні тому

    looks like buyers have options now.. A year ago, any house can go as long as its priced right fast.

  • @jaimearechiga4880
    @jaimearechiga4880 Місяць тому +1

    Very inflated prices, just of matter of time to collapse

  • @fozzir
    @fozzir Місяць тому

    It's simple, prices and interest rates are too high.

  • @facemakerable
    @facemakerable Місяць тому +3

    speaker low volume

  • @scottmcamis2127
    @scottmcamis2127 Місяць тому

    Prices!!!!!#

  • @pamelamays4186
    @pamelamays4186 23 дні тому

    The prices are too damn high!

  • @TableForOne2025
    @TableForOne2025 24 дні тому

    Not true in my neighborhood at all.

  • @1stfarm349
    @1stfarm349 Місяць тому

    Its a bubble waiting to pop

  • @kirrimann1
    @kirrimann1 Місяць тому +1

    Rude neighbors

  • @Thats_my_opinion_so_chill
    @Thats_my_opinion_so_chill Місяць тому

    Misleading title