Two Questions San Diego homebuyers and homesellers have today

"I should have bought then or I should have sold then."

Have you ever heard the advice that the best time to plant a tree was five years ago, and the second-best time is today? The same is true about buying or selling a house, cashing in on the equity, and putting it somewhere more liquid or with a better return. 


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This brings me to San Diegans' two biggest questions about buying or selling a home. 

1. “Is now still a good time to sell in San Diego, or did I miss the peak?”

Answer:

You're not too late—San Diego inventory is still relatively low, and motivated buyers are actively looking. While the market isn’t as frenzied as 2021-2022, sellers are getting strong offers, especially in neighborhoods with excellent schools, walkability, or on the coast. 

What's my Home Worth?
 

We received six offers on a home that we sold last week. It was on the market for 5 days and had a 10-day close of escrow—3 steps for MULTIPLE OFFERS.

Pricing right and preparing your home well are key. Homes under $1.5M are moving fastest. If you aim to sell in the next 2–4 weeks, you're in a prime window before more competition hits in early summer.

 

2. “Should I wait for interest rates to drop before buying?”

Answer:

That’s the #1 buyer dilemma right now. But here’s the truth: waiting might cost more than buying now. Even if rates drop later this year, prices could rise as more buyers jump back in.

Buyers can negotiate more, get seller credits, and refinance later if rates fall. Lenders also offer temporary buydowns to help lower your initial monthly payment.

Whether you're upsizing, downsizing, or just curious, I'll help you make a smart move in today's market.

George Lorimer