Should You Stop Renting?

Buying a Home is Twice as Affordable as Renting

Whether you are thinking about selling or buying the real estate market in our community is alive and well.

The California Association of REALTORS® released an article this week with some surprising stats for buying a home.
Here are some key takeaways if you are looking to buy a home in San Diego:
  • Its more affordable to buy a home in most US metros that it was 15 years ago
  • Renters pay an increasing share of their income to their landlords as rents soar
  • Despite rising home values, home ownership remains accessible for buyers who can scrape together a down payment
  • Likely first-time home buyers (23-34 yrs old) should expect to spend 17.4 percent of their monthly income on house payments. Historically, they spent 22.5% of their income to purchase a home.

Read the full article here.

See the recent activity report below for the Dieguenos Community in UTC near UCSD & Vons.

Should you invest and stop renting? Contact us for your complimentary Buyer's Consultation and Home Buyer's Kit. 

As your full service REALTOR® specializing in the beautiful city of San Diego, California, it is my personal goal to provide you with exceptional service. Here is where you will find articles on my personal experiences and Real Estate resources. My local expertise backed by one of the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the Real Estate market a definitive mark of stability, strength, quality and innovation.
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