San Diego Real Estate Realities

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Real Estate Broker/Owner - Steele Group Realty - DRE# 01474222
This blog is devoted to the joy of living in San Diego County and overcoming the challenges of today's real estate market ...while keeping a smile on everyone's face :-)
RECENT BLOG POSTS
Fun Facts about San Diego County WineriesHistory      California wines, now world renowned, got their start over 200 years ago right here in San Diego when the Franciscan priests cultivated grapes at the first California mission, San Diego de Alcala.      Vineyards flourished in the area until de...
04/12/2022
Congratulations San Diego! You just became the least affordable city in California. Based on income and single-family home prices, San Diego has surpassed Los Angeles and even San Francisco in being unaffordable, according to a study by OJO Labs. So is it possible to buy a home here in America’s ...
02/22/2022
In this crazy market where overbidding is a primary buyer strategy, accepting the highest offer might not always be smooth sailing despite an enticing sales price.One of the most common problems is an appraisal that comes in for less than the contract sales price. Let’s say you accept an offer fo...
02/10/2022
Short answer: Yes. But let’s take a quick look at the stats we’re riding on into the New Year.San Diego County Home Sales Comparing November 2020 to November 2021 Median sales price for a single-family home was $750,000 in 2020 compared to $860,000 this year, up 14.7% YOY.Median sales price for a...
12/30/2021
LOL! What the heck is “normal”? Here’s an update as of August 30 to give you an idea about how the market is trending. To put it simply, the San Diego County market is still hot with prices increasing and supply dwindling. In August, the median price for a detached home rose to (gulp) $850,000. T...
09/17/2021
As we head into what is traditionally the start of the home buying season we are faced with a highly competitive market, shaped primarily by lack of inventory. Active listings throughout California fell an average of 52% in February as compared to one year ago. The market was also driven by lower...
03/23/2021
I don’t know about you, but I can barely wrap my head around the idea of making some plastic trinket with 3-D printing, much less turning out a whole home! But it’s happening. The country’s first 15 home Community of 3-D printed homes will be built in Rancho Mirage, CA and are scheduled for compl...
03/16/2021
In September 2019, my husband and I made a decision to buy a cabin in the picturesque mountain village of Idyllwild, CA, about a 2 hour drive from our home in San Diego. We wanted a special getaway we could share with our grown children and grandkids. But we also knew that in order to afford it, ...
02/11/2021
As the days crawl by and we battle our way through COVID-19, those of us who are physically untouched can be thankful for our health. But at the same time we are all standing on a dangerous economic beach watching the sand recede between our toes. The jobless rate is estimated to be the highest s...
04/20/2020
If I had to characterize the current San Diego real estate market I would describe it as “Paralyzed”.  No one knows when this pandemic will end nor can they predict the long-term economic consequences with any certainty.  There is just too much happening around us that we can’t control. All of wh...
04/09/2020
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Marti Steele Kilby, CRS

Broker/Owner, San Diego, CA
local_phone(619) 303-8232
smartphone(619) 846-9249
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