(Newswire.net — August 9, 2017) San Diego, California — Proving to be a hot spot for real estate investment, the San Diego, California property market is now worth $512.3 billion, representing a 6% growth over the last period. The recent assessment conducted in June 2017 takes into account the region’s combined taxable properties. It highlights the slow but steady climb of the region’s real estate value for the fifth consecutive year, driven by more active home building activities. Most notably, the number of subdivision lots has soared to almost 4,000 in 2016, which signified a 230% growth over 2015.
Real estate market appreciation is dependent upon a number of factors including economic trends and consumer confidence. When consumers determine that a location has desirable living conditions, they are likely to invest in a property in it.
Moreover, the rules dictate that the value of a property is considered a part of the area’s economy. More real estate developments, which translate to high demand and the rapid rise of communities, will result in major social and infrastructure growth. All these can render a property within the area even more valuable. Ultimately, investing in such property can create good returns if the factors driving the real estate market growth are in the investor’s favor. Find out more by continuing to https://www.manta.com/c/mr4s8dx/pacific-property-solutions.
With the latest appreciation in the value of the San Diego real estate market, Pacific Property Solutions entices property buyers to consider investing in the area. The top-rated San Diego-based firm has fixed and flipped over 30 investment properties since its inception in 2012. That means that, for around for half a decade, the company has been purchasing and redeveloping homes in the region to successfully create new inventory.
Through fix and flip real estate solutions, a real estate property’s potential for price appreciation improves. To this end, Pacific Property Solutions is giving home buyers and investors opportunities to fetch their investment for the longer run.
The latest San Diego real estate market assessment notes that the consistent growth is “sustainable” and “will likely continue into the near future.” Considering this outlook, Pacific Property Solutions is encouraging rental property buyers and investors to engage property management services toward a hassle-free investment in the San Diego area. To learn more, visit https://www.houzz.com/pro/pacificpropertysolutions01/pacific-property-solutions.
According to Giovanni Gracias, Managing Director and owner of Pacific Property Solutions, professionals like himself and his team can be counted on to manage rental properties. Leaving the property management transactions to experts is considered a sound business decision. By shelling out a property management fee averaging only 10%, landlords and property owners can already focus on their core business instead of dealing with the complexities of property management, Mr. Gracias explains.
About Pacific Property Solutions
Pacific Property Solutions, LLC is a residential redevelopment company in San Diego, California. Founded in 2012 by Giovanni Gracias, the firm specializes in the purchase and redevelopment of homes to revitalize the San Diego neighborhood.
Pacific Property Solutions2911 Adams Ave
San Diego, California 92116