San Diego and The Housing Market Staging a Comeback!
June 19th, 2007 categories: San Diego Real Estate
The San Diego Real Estate market gets it share of negative publicity but lately it seems that the press have backed off a bit and things really are normalizing. The market as they say is just the market. We needed a cooling off period to allow some to adjust from one of the hottest real estate temperatures any where in the country. Yes, that s right we needed a cooling down period to get to a more normal market of supply and demand.
The feeding frenzy slowed down and people ( both Buyers and Sellers )are better able to take stock of their prior and upcoming buying decisions. Sellers who made a bundle over the last number of years have had to adjust and now must provide a quality well priced product to be competitive.
The prices being paid for homes today is not significantly lower than years past
. What is different is that it is taking longer to sell them, less homes are selling and the Buyers want upgraded homes that are worth what is being asked for them. And what they are finding here in San Diego might come as a surprise to some. They are finding better home choices and better variety of homes than they had for a number of years. And the Prices seem to match up now more favorably to the Values. The Buyers are seeing homes that are cleaned up, professionally staged in many cases and improved with new Kitchens and Baths, new better landscaping and in short, a better looking home and a better value.
San Diego, Americas Finest City and the real estate market are both making a comeback.
