Think buying a home was easier 10 years ago? The numbers may surprise you.

Ten years ago, the average 30-year mortgage rate was around 3.5%, and the median home price in San Diego County was about $557,000.

Today, mortgage rates are closer to 6.5%, and the median home price is around $930,000.

That combination has dramatically increased the monthly cost of buying a home. But here’s what many people miss: buyers today have more negotiating opportunities, more inventory, and more financing options than they’ve had in years.

The right strategy can make a much bigger difference than trying to time the market.

If you’re wondering what today’s market means for your buying or selling plans, let’s have a conversation. I’d be happy to help you build a strategy that’s right for you

Raana Jamshide, REALTOR®
Global Real Estate Advisor
BrokerAssociate, CRS, CIPS, ABR®
DRE#01255312
raana@homesatsandiego.com
Pacific Sotheby’s International Realty


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