If you're considering buying a home in San Diego in 2025, there are significant changes you need to be aware of. The market is shifting, with some homes sitting longer while others still attract multiple offers. Interest rates are expected to drop further, which may drive more competition. Contingent offers are making a comeback, offering opportunities for buyers who need to sell their current home first. Additionally, buyer broker agreements are now mandatory, requiring buyers to sign an agreement before touring homes. While concerns exist about who pays the buyer's agent, most sellers are still covering these costs to close deals. The key takeaway is to get prepared—start your pre-approval process early, research neighborhoods, and consider timing your purchase during less competitive seasons for better deals.
If you're planning to buy a home in San Diego in 2025, make sure you're fully prepared by getting pre-approved, working with an experienced local agent, and timing your purchase strategically. Have questions? Reach out! The team is ready to help with your real estate goals. Contact information is below, and check out additional helpful videos to make an informed decision.