Wednesday, May 10, 2023 / by Dean Aguilar
In recent years, the beautiful city of San Diego has seen an unprecedented surge in its real estate market, making it one of the most desirable destinations for homebuyers across the country. However, this surge has also led to an acute shortage of inventory, a trend that has been persisting and shows no sign of abating. While this situation presents challenges for both buyers and sellers, it also opens opportunities for strategic decision-making. Here’s a closer look at the current state of affairs and how you can navigate this limited inventory scenario.
Understanding the Scenario
Inventory shortage is a consequence of a supply-demand imbalance. Simply put, there are more people wanting to buy homes than t ...