Tuesday, July 21, 2009

San Diego housing market, Hot or Cold?

If you are trying to purchase a home a townhouse or a condo in the price range of $450,000 or below anywhere San Diego County right now, you are having a hard time getting your offer accepted. Competition is fierce, according to statistics released by the San Diego association of Realtors. This segment of the market was up a whopping 89% in volume for the month of May.

Most of these people are first time home buyers that were waiting for prices to be affordable. Prices have dipped down quite a bit from it's all time high of 2006. Combined with low interest rates, the new FHA guidelines create the perfect atmosphere for home buying.

With the right real estate agent in San Diego that knows how to navigate the market and negotiate a good deal for you, you can certainly come out a winner. Call to find what I can do for you,

Nick Alameddin (760)802-4166

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