A San Diego neighborhood has been declared on of the nation’s top 10 neighborhoods to watch this year, according to real estate brokering company Redfin.
Mira Mesa was deemed the second most popular up-and-coming neighborhood by Redfin. Market data, sales volume and home prices were used to determine the rankings, in addition to insight from the company’s agents.
"Some buyers are getting 'out-bid' or 'out-priced' for neighboring areas such as Scripps Ranch and Rancho Bernardo that are normally high volume sales areas,” said Redfin Agent Sara Masey in a statement.
Because of this, Redfin expects home prices to increase significantly in Mira Mesa in 2013. The company also cited good schools and shopping destinations to be a factor in home-buyers decision-making.
Other neighborhoods the real estate company expects to grow in San Diego are San Marcos and Eastlake.