San Diego real estate market

Carlsbad, CA (openPR) 1 October 2010

The San Diego housing market is likely years away from home, high prices of 2005-2006. But 15 months of sustained growth and a peak performance of 9.3 percent in prices from year to year, San Diego brings in second place in the Case-Shiller housing index in July. This is the second San Diego, San Francisco, which was an increase of 11.2 percent for the same period.

Why is San Diego it was much better than other parts of the country – especially with an unemployment rate of over 10 percent?


There are several ways

, “said Mike Murphy, a real estate agent certified distressed property expert with San Diego real estate Previews He quotes.

1 Increase accessibility for buyers coupled with low mortgage rates. FHA and VA loans are common today.

2 Baby boomers want to go near the beaches in the mild climate of San Diego’s pension.

3 Investors may now be close to breakeven on their investment properties. These buyers contribute to the sub-0, 000 market disorder and contribute to price increases.

4 An increase in the number of people telecommuting or journey of life and may in places of their choice to live.

5 Buyers and foreign investors, the San Diego market has probably reached the ground to think and do to ensure their own place in the sun and near the sand.

“shadow inventory, short sales and foreclosures in San Diego pending a problem for many, but real estate deals are often multiple offers and frustrated buyers approved by a property that welcomed the move to the other,” said Murphy. “There may be dips in the market,” he said, “but the San Diego housing market is likely to cut better than most, and can be a barometer for the rest of the country.”


San Diego Previews

Real Estate has been selected by readers of the San Diego Union Tribune as one of the Top Ten Real Estate Brokerage in San Diego in 2010.

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