If you have equity in your home and have been thinking you need a bigger house than you are what I would consider a "move up" buyer. People sitting on equity in their home who are thinking its time for a bigger home, maybe your family has grown and you have outgrown your house or are looking for a new school district as your kids are getting older - if this describes you than this is the IDEAL Real Estate Market in San Diego for you to buy and sell! Rates are STILL at a historic low - 30 year fixed mortgage at 4.25%! If you have enough equity in your house maybe you can just refinance it and keep it as an investment property with these rates. There are good deals to be had in this market - inventory from August to September is vey slow to move that means the potential to get a "good deal" is there.
This is the PERFECT time to talk to a Realtor.