The Fall San Diego market is poised to heat up due to lower mortgage rates and the Fed’s recent rate cut. The numbers don’t lie:
Mortgage applications jumped 29% in just a week. Proof that buyers are re-entering.
Showings are up. Buyers aren’t just browsing online; they’re physically out looking.
Inventory and market time are slipping slightly; homes are moving faster again.
For Sellers
Don’t wait. This is a window where buyers have lower payments and are motivated.
Prices are still near all-time highs — combine that with new buyer demand, and you’ve got leverage.
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For Buyers
This isn’t 2022’s frenzy, but it’s not a buyer’s market either. The smart play is to get in before competition builds.
More homes are available now than in Spring, but as applications soar, selection will tighten.
Rates are lower than earlier in the year — but if demand spikes, prices will adjust upward fast.
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Bottom line: Fall looks like the sweet spot for both sides — sellers can capture strong pricing with more buyers in the pool, while buyers can secure lower payments before the market re-accelerates.
George Lorimer 619-846-1244
Your Home Sold Guaranteed or I'll Buy It!*
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ProWest Properties, DRE# 01146839, *Conditions apply.