“Market trends suggest that many homebuyers are prioritizing affordability above walkability.”
“Prices have been rising faster in car-dependent neighborhoods than in walkable neighborhoods since September 2018…” “Home-sale prices in walkable neighborhoods across the country increased 2.3 percent year over year to a median $343,900 in July, compared to 4.3 percent annual growth to a median $312,100 for homes in car-dependent areas.” (Redfin. 29 Aug 2019. Redfin.com/blog/walkable-neighborhoods-home-prices-rising-slower)Read more about this on Redfin.
“Purchasing a home is one of the biggest decisions a person can make during their lifetime…As back to school season approaches, a recent report from the National Association of Realtors highlights the different purchasing and selling habits of Americans, revealing that a significant share root their home purchasing decisions in school district quality.” Read more here at Housing Wire.
I’m curious — did you buy your home based on the school districts?
3572 Moultrie Ave, San Diego | Offered at $949,900
Fabulous fully furnished home for the Airbnb vacation rental and getaway investor, occupied buyer to just move in.
This nautical-themed beauty has been updated in kitchen and baths plus top of line washer and dryer. Don’t miss out on this coveted area in Bay Park with Bay Ocean views, you are just minutes from the bay and relaxing anticipation. Private patio has incredible nautical themed fire pit to enjoy your favorite beverages in cool evenings with guests & pirate Stories! Space/area converted to playroom. Center island in large spacious kitchen. Relaxing pool & hot tub plus play area for kids or convert to organic garden. Don’t miss this great opportunity.
No matter what price range you are in, CALL ME NOW if you’re interested in buying this property of in San Diego County! John A Silva, 619.890.3648
Fixed mortgage rates sank to a 10-month low this month.
“According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average dropped to 4.41 percent with an average 0.4 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.46 percent a week ago and 4.32 percent a year ago. The 30-year fixed rate hasn’t been this low since early April.”
“The 15-year fixed-rate average fell to 3.84 percent with an average 0.4 point. It was 3.89 percent a week ago and 3.77 percent a year ago. The five-year adjustable-rate average drifted down to 3.91 percent with an average 0.3 point. It was 3.96 percent a week ago and 3.57 percent a year ago.” (Washingtonpost.com. “Mortgage rates tumble to 10-month low.” 7 February 2019.)