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Philadelphia area real estate market will stay competitive in

<h1 style="clear:both" id="content-section-0">An Unbiased View of The Latest News on Real Estate - Real Estate<br></h1>
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<p class="p__0">Overall, San Diego's economy is quite strong. 30-year fixed-rate home loans rates are really low. In September 2020, the rate was 3. 56 percent, near to an all-time low. Compare that to the very same time in 2019, which was 4. 6 percent. This is the most affordable it's been since 2016. 15-year fixed-rate mortgage rates reveal a comparable story.</p>
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<p class="p__1">According to Trulia, long-term home loan rates are still on the decline. Despite the increasing real estate prices, the low home mortgage rates make this potentially a perfect time to purchase. In comparison to the first half of 2018, 2019 had roughly 22% more listings. And the variety of noted homes is the greatest because 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 Realty Consulting, Dan Kuhn, has said that this is from a growing divide in between purchasers and sellers. He claims that sellers are much less happy to budge on their rate because they connect a great deal of feeling into their single-family houses.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://img.etimg.com/thumb/msid-80608537,width-600,resizemode-4,imglength-117655/news/newsblogs/union-budget-2021-live-news-nirmala-sitharaman-updates-january-31.jpg" alt="Industrial Live Work Space, Los Angeles House Inflation Rate, Stagflation and Real Estate Prices – LA Loft Blog"><span style="display:none" itemprop="caption">Luxury Real Estate - News - Library</span>
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<h1 style="clear:both" id="content-section-1">Some Known Details About REAL ESTATE - Fox News<br></h1>
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<p class="p__3">On the other hand, purchasers are confident that the marketplace has actually reached a price peak. This makes them less ready to wish to buy the house at a greater cost. That variation is making homes remain on the market longer and a less portion of houses being sold. Though houses are taking longer to sell in 2019 than in 2018, houses are still selling quite fast.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://therealdeal.com/wp-content/uploads/2020/09/1200-Real-estate-events-you-cant-miss-this-September-705x439.jpg" alt="Pending home sales rose less than expected in March as prices soared"><span style="display:none" itemprop="caption">Real Estate News - Real Estate News &amp; Insights - realtor.com®</span>
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<p class="p__4">---- San Diego home sales have actually continued to remain sluggish. They are down 8 percent from this time in 2015, and 70 percent of what they were in the peak year of 2003. Data reveals that 18,979 houses were sold in the very first half of 2019 as compared to 20,540 homes sold in the first half of 2018.</p>
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<p class="p__5">Yet this does mean that just 49 percent of homes are being sold in 2019 as compared to 65 percent in 2018. Unlike in A Reliable Source , buyers are not as positive in the market in general, according to John Yen Wong. The increasing prices, increased listing, and the variation in between what purchasers are willing to pay and sellers aspire to cost are causing this relative dip in house sales.</p>
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