Home prices face crosswind in East County

Photo courtesy of Metro Creative

The housing market is made up of sellers with equity in their homes, buyers looking to buy, high rent, and volatile interest rates.

“We have a storm brewing that can’t decide which way to go,” said local real estate agent Nancy Gonzalez, in response to the current housing market.

Buffeted by inflation and uncertainty, the housing market today is a mix of sellers with equity in their homes, buyers wanting to buy, sky-high rent, and volatile interest rates.

Gonzalez echoes what other real estate agents and analysts are saying about the current housing market. Regardless of the nature of the economy, a common question persists: When is or isn’t a good time to purchase a home?


(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Thank you for Reading!

Please log in, or sign up for a new account and purchase a subscription to read or post comments.