Comments on: San Diego Real Estate Prices Part 2

By: Tommy

Tommy — Mon, 08 Nov 2010 00:47:47 +0000

Real estate is always going to be hot in America because it is the land of the free!!

By: music videos

music videos — Tue, 04 Aug 2009 07:37:06 +0000

Thanks for the info- it turns out Microsoft’s bing really is making an impact, it seems to me your blog is getting a lot of search engine traffic from bing- have you found this to be the case?

By: Looking for

Looking for — Sat, 25 Jul 2009 17:23:27 +0000

With or without crystal ball, very usefull information. Thank’s.

By: Build Bankroll

Build Bankroll — Fri, 24 Jul 2009 23:55:02 +0000

We primarily deal in the Inland Empire, but have a couple agents that send us properties in that area. We buy under market and right now we aren’t looking for equity gains, but we’d need to budget if there is going to an “equity loss.” Randomly assigned appraisers and lack of lender motivation really makes conventional loans a hard-sale. We really like to sell FHA…

By: Geoff

Geoff — Fri, 24 Jul 2009 05:00:11 +0000

My crystal ball broke a long time ago. But from what I’ve seen, the entry-level market of San Diego homes has found support. With the limited inventory and relatively easy access to low-interest rate FHA loans, prices of entry-level homes under $500,000 are actually getting bid up again. But at the upper end (Carmel Valley real estate included), there is a lot more reluctance. San Diego luxury homes are sitting on the market longer, and there are more homes coming up for sale than are selling. This has a lot to do with tightness in the jumbo loan market. The conforming loan limit for FHA loans is $697,500, and above that the only way to buy a home is with 20% down payment. We’re even starting to see more foreclosure properties at the top end. This does not bode well for the upper-end San Diego home prices in the short term. I think it is a great time to negotiate for luxury homes. Prices will come back eventually, and prices may stabilize in 4-5 months, but I definitely don’t think that 4-5 months is a realistic timeframe for equity gains in Carmel Valley.

By: Build Bankroll

Build Bankroll — Fri, 24 Jul 2009 00:15:57 +0000

We are looking at a couple properties in the Carmel Valley to do as rehab and flip, but the market has not dropped very much. It seems like banks have a lot of pent up inventory, so how stable do you think the prices will be 4-5 months from now?