Ok, now we don’t want to scare you – but as our mission is to serve your best interests first as your real estate advisors. In that effort, we speak candidly here and want to alert our local home buyers to these condition changes within our San Diego housing market.
So that being said, here’s our message to all buyers out there: GET OFF THE FENCE!!! Rising mortgage rates are like logs on the fire. Alongside all other factors now in play – trust me, time is the enemy here. Home prices are going to continue to climb, now steadily alongside mortgage rates as well for the foreseeable future – that means as time goes on, buyers will edge closer and closer to their affordability line. Remember, buying versus renting in San Diego is still the better move for most, but NOW IS THE TIME TO BUY!!!! Want to discuss what next move is best for you?
The competition has arrived… inventory numbers are gradually edging back up and those white hot days of selling your home for $10K+ over asking in just 1 day on market are officially over. However, you should rest assured that our housing market can absorb the impact of these rising mortgage rates for some time here – meaning that your home price will not be negatively impacted by this buying factor at this time. Now that’s not going to be the case indefinitely… time is a factor working against sellers here as well. Eventually home prices will start to feel the market affects of these climbing mortgage rates, especially for lower-tier homes. That being said, your best results will be achieved selling your home sooner rather than later here… right now you can still expect your home will sell fast and for top dollar, so long as you plan properly. Your home can be your best financial asset – don’t leave money on the table.. Take the proper steps to get top dollar for your home today!
Having been raised in North County San Diego, Joseph has a great wealth of experience and knowledge of each community San Diego has to offer. Combined with being extremely hard working, having a great attention to detail, and having the ability to listen, Joseph’s clients receive an elite level of service. Entering Real Estate during the fall of the market in 2007 Joseph quickly realized he needed separate himself from the average agent, he saw that the real estate industry as a whole was lacking technology and modern marketing techniques, which led Joseph to create The Arendsen Group that has a philosophy to utilize technology and to always stay ahead of the industry. His proven modern day marketing system has caused each one of his listings to sell faster, and for more money than the competition. Joseph has been involved with almost every aspect of real estate, originally starting at Prudential California Real Estate and quickly being noticed as a top buyer’s agent, Joseph was recruited by The Endeavor Group where he continued his success with helping buyers, branching off in 2009 to join Chase Merritt a large real estate development & investment company, Joseph learned everything there is to know about investing in residential real estate all while being their listing agent for over 64 properties in San Diego. Whether it’s Buying, Selling, or Investing, Joseph can help!
Can it be true?? Ladies and Gentlemen, no fools’ jokes wen
"My husband and I highly recommend Joseph, he is honest, and straight forward. He won't let you move into a place that is in a bad location. So thankful for that. He isn't just some realtor trying to get a sale. He honestly cares about where his clients are going to live and for that we are so grateful.
We just bought a condominium in Vista, and we absolutely love it. It's in the exact location that we had wanted from the beginning. Joseph is always working hard to make sure you get exactly what you want. When we made an offer on the condo, we were not sure what was going to happen. (We had made an offer on two other houses before this one and both turned down or got better offers.) Well they excepted and we couldn't have been more thrilled. Joseph was in constant contact to make sure that everything was going smoothly and that we were doing everything we needed to do. His assistant Tracey was extremely helpful as well. Answered my calls late at night because I had a question. The process went so smoothly, I kept thinking we had to do something else. We closed less then a month later and were just in awe at how well it went. We will recommend Joseph to everyone who is interested in buying.
Thank you so very much for all your help Joseph Arendsen & group."