San Diego real estate 2017

San Diego real estate 2017 

As the year draws to a close, many are thinking about what's going to happen for the San Diego California real estate market in 2017.

So far, in 2016 San Diego real estate has shown double-digit appreciation! But, now with interest rates starting to move up, a new president about to take office, and San Diego real estate at a 10 year high, will 2017 see a continuation in our very strong local housing appreciation or will our home prices remain stagnant because of rising interest rates and are high affordability factor? 

Now, no one can really accurately predict the course of any financial market. But, it's prudent to get the views of real estate insiders so you can then determine your own outlook and what actions you might take to increase or maintain your Southern California lifestyle.

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San Diego real estate 2017

2017 real estate bubble?

2017 commercial real estate bubble?

It would seem that the signs are already in place  for a possible commercial real estate bubble in 2017.

Here in San Diego on a number of radio channels I personally heard commercials for investing in real estate trusts. These REITs that are being pushed in the commercials are based on commercial properties. This fact in and of itself would not be of major concern if I didn’t know about the other underlying problems in the commercial real estate market. But, personally don’t ever recall REITs being advertised on our local San Diego radio stations. I believe this type of radio advertising for REITs could mark the top of the expected bubble in commercial real estate next year.

Keep in mind this is just my personal opinion and naturally before you act on any major investment, whether real estate or stocks and bonds, it would be prudent to consult with your own financial and legal advisors..


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