There’s a saying in Real Estate. No, I don’t mean “location, location, location.” The saying I’m referring to is that “all real estate is local.”
San Diego Home Valuation by Area
This is good news if you’re living in North County San Diego, the area where I live and practice. Home values above indicate that North County on the left is appreciating consistently, outdistancing San Diego County and Downtown San Diego on the right. The rise in prices for North County San Diego was in fact a 20.31% increase from February of 2009 to February of 2010.
Will North County Prices Continue to Rise?
Okay, just kidding. Crystal balls aside, whether home values will continue to increase, and at what rate, will honestly depend on a significant number of variables, all of which we’ll talk about in the upcoming month. Keep reading. The unfolding of the real estate crystal ball awaits.