Is it time to buy?

If you are thinking about buying property but are waiting for a downturn in the market, you may have a long wait. Read this UT article on the increase in prices that is predicted in San Diego over the next year. The bottom line is, it is difficult to time the market. Even if it does drop a bit, if you are planning to hold the property for a decent period of time the market historically always comes back and surpasses previous highs. Right now mortgage rates are at lows we have only seen the past year so it is still a good time to buy if you can find a property that meets your needs. Let me know if I can help.

 

Office

Tracey Stotz, Broker

(619) 200-0918

5550 Grossmont Center Drive. #440-2634, La Mesa, California 91943