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Boise real estate market sees national focus from CBS

<h1 style="clear:both" id="content-section-0">Housing market setting trends never seen before - fox43.com - Truths<br></h1>
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<p class="p__0">Overall, San Diego's economy is quite strong. 30-year fixed-rate mortgages rates are extremely low. In September 2020, the rate was 3. 56 percent, close to an all-time low. Compare that to the exact same time in 2019, which was 4. 6 percent. This is the most affordable it's been considering that 2016. 15-year fixed-rate home loan rates reveal a similar story.</p>
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<p class="p__1">According to Trulia, long-lasting home loan rates are still on the decrease. Despite the rising housing prices, the low mortgage rates make this potentially a perfect time to buy. In contrast to the very first half of 2018, 2019 had roughly 22% more listings. And the variety of listed houses is the highest since 2015.</p>
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<p class="p__2">Though it is the most affordable rate in the previous five years. The director of John Burns Real Estate Consulting, Dan Kuhn, has said that this is from a growing divide between purchasers and sellers. He claims that sellers are much less happy to budge on their rate because they tie a lot of feeling into their single-family houses.</p>
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<h1 style="clear:both" id="content-section-1">The Only Guide for Latest Real Estate News - Inman<br></h1>
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<p class="p__3">On the other hand, buyers are confident that the market has reached a price peak. This makes them less happy to want to buy the house at a greater price. That disparity is making houses remain on the market longer and a fewer portion of homes being sold. Though houses are taking longer to offer in 2019 than in 2018, homes are still offering quite quick.</p>
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<p class="p__4">---- San Diego house sales have continued to remain sluggish. They are down 8 percent from this time in 2015, and 70 percent of what they remained in the peak year of 2003. Data shows that 18,979 homes were offered in the first half of 2019 as compared to 20,540 houses sold in the first half of 2018.</p>
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<p class="p__5">Yet this does suggest that only 49 percent of homes are being offered in 2019 as compared to 65 percent in 2018. Unlike in 2018, buyers are not as confident in the market in basic, according to John Yen Wong. The increasing costs, increased listing, and the disparity in between what purchasers want to pay and sellers are eager to cost are causing this relative dip in home sales.</p>
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