San Diego’s Real Estate Market
Real Estate prices continue to decline. Condominiums in downtown San Diego are bargains compared to a few years ago. Sellers are offering concessions to facilitate sales. This is a shoppers market to be sure. Rarely have buyers had the range of choices they have today. A willing buyer and a desperate seller make this a great time to be shopping for a home.
Home Mortgage qualification standards have risen. Prices have fallen enough for FHA and Va to be viable financing options. Neither FHA or VA are Credit Scored Mortgages. You will have to document your incomes but past credit problems can be overcome. Fixed rates are in the low 5.00% range. That is a rare occurance indeed. Low prices and low interest rates make for very affordable mortagge payments.
If you’ve dreamed of owning you own home opportunity is knocking. Will you be there to answer the door? Call me and let’s talk about a home of your own.
Peggy Terrill
Realtor
619-299-3863 Cell: 619-806-5732
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This is a great website and great blog, I just wanted to reach out and compliment your site and let you know that I work with a lot of real estate agents in San Diego. I am a mobile locksmith in business for 10 years and am available 24/7. Many of the other Realtors that I work with often give a locksmith job as a closing gift for their clients. Please let me know if I can ever help you with anything.
Yes, there are deals to be had. It is a Buyer’s market downtown. That being said unique properties hold their value. They may change slightly with the market but a water view is a water view for instance.
Join our Best Deals Tour on July 12, 2008 to see what metro San Diego has to offer. RSVP on www.mySanDiegoAgent.com
Cheers,
Colleen
cotter & Associates
Associate Broker
Keller Williams Realty