Buyers who went through short sales and foreclosures are now in the market in San Diego. The full story is here:
The median sales price of a single-family home in San Diego County reached $450,000 last month for the first time in five years, the San Diego Association of Realtors announced Tuesday.
Read more: http://fox5sandiego.com/2013/05/07/home-prices-in-san-diego-county-hit-five-year-high/#ixzz2SjaHjYPz
A recent report states that there are only half as many listings as last year, which is driving prices up in San Diego.
Believe it or not, prices here in San Diego are much less than prices in China, according to a recent report. It is also revealed that the inventory of homes In San Diego is at its lowest point since 2002. See the full story here: http://www.10news.com/news/chinese-homebuyers-eye-san-diego-042613
A recent article reports that since homes are selling quickly, sellers are having more confidence that the market has rebound. In March, homes sold in an average of 26.6 days. See the full story here: http://www.lajollalight.com/2013/04/24/confidence-on-the-upswing-san-diego-real-estate-sales-continue-on-high-demand/
The Spreckels mansion in Coronado, the site of two deaths, is on the market again after extensive renovations. See the full story here:http://coronado.patch.com/articles/coronado-san-diego-real-estate-spreckels-mansion-hits-the-market-again-after-massive-renovations-shacknai-zahau#photo-14053965
The gorgeous La Jolla mansion of the late David Copley is now listed for $7.95 million. See the full story here:
During the housing boom in the last decade, letters from buyers to sellers were fairly common. In these letters buyers would tell something about themselves, how well qualified they were, how they loved the home and it was a perfect match. With the super low inventory these days, these letters are being used again, sometimes garnering a good result. See the full story here:
The Real Estate Marketing Insider published a statement advising home sellers in the San Diego area to take advantage of “flash sales” through clever marketing and well-timed open houses. REMI made its statement on the back of a recent report in the Fox 5 San Diego that featured the emerging trend of “flash sales
Read more: http://www.virtual-strategy.com/2013/04/04/remi-advises-san-diego-sellers-seek-%E2%80%9Cflash-sale%E2%80%9D#ixzz2PbbJot6O
With home prices on the rise and mortgage rates slowly increasing, now is a good time to buy (if you can find a property and get your offer accepted)! See the story at http://www.utsandiego.com/news/2013/mar/30/why-now-is-a-great-time-to-buy-a-home/