The San Diego real estate market is showing signs of picking up with buyer activity. The markets have finally adjusted down in prices close to 2004. Price ranges under $500,000 are seeing multiple offers coming in, actually driving the pricing over the original asking prices, in some pockets of areas. (This tends to be on Bankowned and Short Sale properties.)
The regular listed properties are where I am finding a significant savings negotiated off the asking price for our buyer clients, since they do not have the fanfare which attracts multiple offer scenarios like bankowned or short sales..
The high end market of $800K and up is still softening in price a bit, probably due to the stricter mortgage guidelines especially on Jumbo Loans. Still, a great buy- in and room for further negotiating, to attain a property that has adjusted down to 2004 prices. I recently closed an escrow for my buyers on a Downtown SD HiRise unit that use to be $650,000 in 2005, for $224,000! This current market has provided more inventory sitting on the market longer than ever in last couple years past, creating this great buyers market. Now, with all the foreclosure inventory, it is amazing how quickly the lower price range homes are moving quickly.
View Pics & Search 1000s of San Diego County HomesFast Free & Simple Home Search www.buyersonlycoastalrealty.com if your looking for a San Diego County Luxury Home see www.luxurycoastalhomebuyers.com As a buyers only Real Estate office one of the few genuine providers of buyer only representation between Orange and San Diego Counties I show hundreds of properties every year. Search Bankowned properties and we work for the buyers side only. We are quite unique from regular Realtors. Our brokerage is one of about several "genuine" buyers only brokerages in all of Southern California and members of www.naeba.org besides being Realtor members." I offer real estate buyer representation in it's purest form"
If you would like a search to the MLS, you can do on your own anytime,change your search criteria anytime,search 24/7 searching on our website. Or, contact me for a Custom search "Live" to the MLS and I will get your account up and running today.
See for yourself, the great abundance of inventory to choose from right now in San Diego County. I can also set up a customized search of Foreclosure,Short Sale and Bankowned Properties. Search Luxury Homes, Oceanfront Estates, Oceanview Homes, Condos, Townhomes, Vacation Homes, Golf Course Homes, Ranches, Equestrian Homes and more. See below:
If you want to go to my website, I am broker owner of Buyer's Only Coastal Realty and am a genuine buyers broker (We do not cross over working with sellers like other RE offices) and the way I show property is more detailed, since 100% of my time is dedicated to only working for the buyers side, see the difference : and to see San Diego County Homes go to www.buyersonlycoastalrealty.com The search on my site is private and the listing agent who works for the sellers interest will never contact you when searching on my site. You might also like our site www.eranchosantaferealestate.com
ZIP Codes: 92101, 92103, 92102, 92106, 92118 Approximate Location Boundaries: Downtown San Diego, Coronado Island, San Diego Proper
Location Characteristics: San Diego County is a wonderful location with many areas of unique real estate to choose from. To the South near Mission Bay, Point Loma, Coronado Island, you can find properties on the water and some with boatdocks, similar to Newport Beach in Orange County (but without the high pricepoint of NB). If your looking for oceanfront property, there are choices from Oceanside to Imperial Beach for oceanfront Condos, Townhomes, Estates, or income units. Rancho Santa Fe in North County San Deigo boasts some wonderful large lot sizes and equestrian estates, just 5 minutes from the beautiful beaches of Del Mar. Condos near the coast start around $350,000 for something decent in square footage and detached homes start around $700,000 (Oceanside is an exception where detached homes start around $310,000). Call me for the pricing in these and other areas/criteria. While it's a buyers market with so much inventory starting to move and not be on the market as long, what are you waiting for ? It's an exciting time for buyers !
About Suzanne Hefni-Pyle:
As a member of the National Assocation of Exclusive Buyer Agents, Buyer's Only Coastal Realty Office works exclusively for you, the buyer - providing a full, comprehensive and unbiased view of all homes on the Southern California real estate market – without giving preference to properties that serve the seller's interest.We offer 100% buyer representation. Before you let anyone show you property,call us, or you could end up having to work with an agent, you did not choose just because they had shown you a home.We protect buyers !
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
