Real Estate Brokers are "strongly confident" about the housing market's outlook over the next six months, although confidence has eased since the beginning of this spring, according to the latest confidence index, which is a monthly survey of nearly 3,000 brokers about local market conditions.  

In general, Brokers continued to report "strong" local market conditions last month for single-family and townhome properties. The strong confidence is being buoyed by strong job creation, the reduction in the Federal Housing Administration's annual mortgage insurance premium rates, and the acceptance of Fannie Mae and Freddie Mac's 3 percent down payment loans. Check your home value HERE

Still, Brokers are reporting several issues with the market. The survey revealed the following top concerns:

• The upcoming TILA-RESPA Integrated Disclosure regulations, which take effect Oct. 3, and concerns that they could delay closings. 
• Tight inventory with a limited number of homes for-sale.
• Affordability issues: Fewer affordable homes so sellers are also hesitant to move.
• Financing issues, such as difficulty in qualifying for a mortgage due to higher FICO credit and down payment standards, protracted mortgage approval process, and condo-financing issues.
• Appraisal issues: conservative estimates, "out-of-town appraisers," and slow turn-around.
• Rising interest rates.

• Declining demand from international buyers due to a strong U.S. dollar.

• Uncertainty about flood insurance rates and reform.

Source: "June 2015 REALTORS® Confidence Index,"National Association of REALTORS® (June 2015)

What Is My Home Worth In Today's Market?

It's Easy, It's Free and you see the most current market data not available to the public.

View A Sample Report

Already requested your home's value? Start your next home search here.

What am I signing up for?

Market Snapshot will enable you to view all the active and recently sold listings and compare all aspects of the listings enabling you to make a more educated and informed decision.

View your reports anywhere!

You can now get all that information to any of your devices. View real time market statistics on the go!

 

Full statistics and community info

Get the latest trends for your neigborhood for sold homes, properties for sale, inventory counts, and even "day-on-market". You can also view information regarding schools and community.

Click the link below to see what home are selling for your in your area. Whether you are looking for the value of your existing home, or for the new home you are looking for purchase, this report will provide you with actual active and sold MLS home information so you'll have "real" housing market data at your fingertips. This report will come every month and will provide you a snapshot of home sales activity in your neighborhood. If you are interested in purchasing in a specific area, this information will show you the active homes in the market, price trends and closed values on homes that have sold, allowing you to do a comparative analysis of real estate and homes for sale in that area. Stay up to date on the San Diego housing market and have information your neighbors don't have. Sign up for this FREE report today.

It's absolutely FREE and there is no obligation.