15 Jan January 2021 Real Estate and Mortgage Trends – San Diego, California
Home Price Growth and Mortgage Rates are expected to increase but at a much more moderate pace than 2020. Inventory gains should pick up as builder confidence remains at high levels, and development remains robust. Though economic recovery and vaccine distribution play a large role in how the market will shift and adjust but overall there is a positive outlook on the housing sector. The industry could even see more existing home sales at a 5.9 percent increase.