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Should San Diego landlords continue to rent or sell?

With home values at all-time highs, we’ve talked to a lot of landlords who are wondering whether they should sell now or continue to rent. We recommend taking advantage of this hot seller’s market to sell now, as there are a some important concerns if you don’t:

  1. The housing market is expected to be approaching its peak. With the expiration of the foreclosure moratorium, a wave of distressed sales is coming that may plateau values or drag them down. This fall is the perfect time to take advantage of the current low inventory, high demand, and boosted buying power due to low interest rates and the recovering economy.
  2. Rental assistance programs are coming to an end and the eviction moratorium has been extended. If your current lease is approaching expiration or your tenants are month-to-month, it may be wise to sell.

Don’t miss out, sell now! We’ve worked with many landlords this year in your neighborhood to sell their rental properties for top dollar. Want to know what we could sell your home for right now? Contact us. 

 

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