There’s been a dramatic shift in San Diego’s hot real estate market and according to a local mortgage lender, the dynamic is changing in favor of buyers.
Chad Baker is a mortgage lender with Cross Country Mortgage. He said if a house in San Diego County is priced correctly, it’ll be sold in less than 21 days.
But Baker said for the people buying those homes, they’re looking at about a 30% higher housing expense than when they might have been looking at properties a year ago.
Full story on CBS8.com: