As we near the end of 2021, housing market trends for our area continue in the same direction they have for the past few months. As I mentioned last month, we have a little over 2,000 units currently under construction and another 11,000+ in the pipeline. Those numbers, factored with the updated Housing Element numbers […]
This month’s report contains some new information that I have been working on and am excited to share with all of you. It’s no secret that housing inventory is extremely low and is a contributing factor to a robust seller’s market and a competitive buyer’s market. This report is based on resale homes, and our […]
I have made some formatting changes and added an additional city to the report. Other than the graphs at the end (which I try to keep more geographical), all city data is now listed alphabetically. I have added Winchester to the report, which includes the French Valley area (Zip Code 92596) and will hopefully help […]
As things begin to return to normal, we are seeing some changes in the housing market as well. It’s still competitive and a strong seller’s market, but we are noticing some adjustments worth highlighting. For the second straight month, inventory has increased month over month, yet is still down double digits from last year. Prices […]
My name is Adam A. Ruiz and I have recently taken over the duties of this report. After decades of services to the community and the real estate industry, Gene Wunderlich has retired. He leaves behind a legacy that won’t be forgotten, and big shoes to fill, but I will do my best and am […]
