Mortgage rates and rising rents are the KEY to what happens next in San Diego real estate

The up-tick in San Diego real estate activity appears to be directly correlated to the drop in interest rates where we recently saw the average rate in the US drop below 5% to 4.99%. I do expect this trend to continue as we see inflation ease. Record high rents, dropping mortgage rates and increased inventory should be perfect recipe to make it through this "winter" period for housing. I'll be watching closely and keeping you posted. Hope it helps! Links below :)

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LINKS:
https://www.cnbc.com/2022/08/09/inflation-spiral-seen-breaking-in-july-helped-by-lower-energy-prices.html
https://www.redfin.com/news/homes-stale-housing-inventory-july-2022/
https://www.redfin.com/news/housing-market-update-demand-picks-up-rates-below-5-pct/