I've been following the real estate listings in the San Diego area for about 6 months and it seems that prices will not go lower. What do you think about the current real estate market. You know what I found? This is definitely the time to be buying investment property in San Diego. Although it is a very competitive market right now. Almost all goods I call cash has offers on the table. It is not uncommon for a property to have 25 or more deals. There are people all over the country doing deals in places that have not even seen. In the price range of under $ 400,000, cash investors becomes very difficult for homebuyers with conventional FHA and VA loans to buy property. Prices in most areas are stabilizing and areas are rising. If you are trying to buy a property with multiple offers that you need to tighten up all contingency periods, and not ask the closing costs, repairs or guarantees of origin. Another way to beat a cash buyer is to eliminate the appraisal contingency. This is risky because it could get stuck paying the difference if the appraisal comes in low.
Real Estate Weekly Update is a great Friday and real estate updates for you, right now. San Diego Real Estate news update the week of November 12st 2012 organized by your Realtor Local, Angelique Kenney at Prudential California Realty and Relocation San Diego SportStar. North San Diego County, CA and South Orange County, CA. All the information you need about our local market and national real estate. Selling real estate with Prudential California Realty in San Diego CA. Call anytime for help or information 760. 282. 4663. Efficient, direct, discreet and caring. I take your hand on short sales, while providing everything you need to help you succeed in the maze of home ownership and to back strong after difficult transitions. * Agent for professional athletes with Sport Star Relocation. * Shot from my iPhone5.