Home sales are up in San Diego
Real estate in San Diego hit a boom last month, according to local NBC affiliate KNSD. In a sixth straight month of annual growth, June sales rose dramatically in the coastal areas of the city with 22,075 homes sold, which is up 7.5 percent from last year.
With the economy improving in Southern California and more residents seeing the benefits of owning a home in San Diego, homeowners are "not feeling as frozen with uncertainty," chief economist of the California Association of Realtors Leslie Appleton-Young told the source.
With buyers attracted to low interest rates and the affordability of living in San Diego, it is no surprise that these numbers have increased. Richard Green, the director of the University of Southern California's Lusk Center for Real Estate told KNSD that the relationship to income and low housing prices in San Diego suggest that there is no better time to buy a home than now.