Mix in the lock downs, and low rates, I expect inventory to only stay incredibly low. Check out the latest US stats, and discover when you should buy or sell. December is days away, and before long we'll be tacking up our 2021 calendars. Its summer now, traditionally the lowest inventory and most sales of the year, and we have something new in that kids are *not* going back to school for fall semester, at a minimum. Courtesy Allen Matkins/UCLA Anderson Forecast. San Diego Real Estate Market 2020 Overview. "postalCode": "92103", })(); var clicky_site_ids = clicky_site_ids || []; clicky_site_ids.push(100907214); Scott TaylorReal Estate/Mortgage Loan OriginatorPacific Home BrokersCA DRE #01362400NMLS #1266710, San Diego Real Estate Hunter302 Washington StreetSuite 150-9487San Diego, CA 92103Call or Text (760) 297-4539, // , { Californias economy grew 4.7% in the 12 months ended in February compared to the national rate of 2.8%. }, And some forecasters don’t see it rising much further than that anytime soon. Elections. Market uncertainty with World events such as: it being an election year and it might be 4 more years with Donald Trump or someone new, largest unemployment rates in US/California/San Diego history, Covid 19 leading to major shutdowns, schools closings, etc. "addressCountry": "USA" "@type": "RealEstateAgent", Disclaimer: This article includes projections and forecasts relating to the San Diego real estate market in 2020 and 2021.
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