It seems that there are A LOT of people in the San Diego real estate industry who are worried about the San Diego real estate market. Could it be that the San Diego real estate bubble is about to burst – AGAIN? We just don’t know – do we?
Anyone who has been through a real estate cycle knows that what goes up, must come down and there are a number of factors that affect a local real estate market. Jobs, the economy, public perception, affordability (or lack thereof), interest rates / cost of money are all factors in the strength and health of San Diego real estate. The political unrest in our country is beyond unsettling. There are even leftist groups calling for anarchy here in our own country. Qualcomm is still the largest employer in San Diego outside of the military and they are currently going through a big shakeup after President Trump quashed Broadcomm’s hostile takeover bid. Continue Reading