San Diego Real Estate Insights

Purchases of single-family houses in San Diego shot up 94.9% in September 2008 from a year earlier, to 2,083 houses purchased vs. 1,069 in September 2007. First-time buyers of San Diego homes and property investors alike are competing for bank foreclosures and other bargain-priced real estate for sale. The median houses price was $360,000, with the greatest level of buying activity in the under-$500,000 sector.

With prices down from a median house price of $517,000 in 2005, affordability has re-entered the picture for many home buyers. Interest rates have so far remained at historical lows. The volume of activity suggests a strong equilibrium at current levels.

San Diego’s economy is booming with high-tech, biotech, manufacturing, and military businesses. Unemployment has remained low in relation to the rest of the country. The climate makes the region a top vacation destination. All things considered, there are very few places where a person can leave the house practically any day of the year and know that it will be ‘room temperature’ outside. Most homes in San Diego are not even insulated. Whether in a house or condominium, air conditioning is seldom used. After the long winters in other parts of the country, it is no wonder that so many people pick up and move to San Diego.

Note that although the median price is down to the mid-$300,000’s, real estate in Point Loma, Pacific Beach, La Jolla, Solana Beach, Del Mar, Rancho Santa Fe, Carmel Valley, and many other neighborhoods have much higher values. A good San Diego Realtor is literally worth his or her weight in gold to help save money and maximize your investment when you buy or sell a house or investment property in San Diego.

What are the major factors driving the demand for real estate in San Diego?

• How the Economy Affects San Diego Real Estate: Review of the economic trends leading to the high demand for homes in San Diego.
• San Diego Houses and Housing: Report looks at the distribution of houses and attached homes in San Diego County.
• San Diego Events and Tourism: Build it and they will come is the theme of the City. Report by the San Diego Realty Pros and United Title.
• California Weather Drives Home Sales: This report shows why San Diego is known as America’s Finest City. Moderate temperatures year round and LOTS of sun.
• San Diego Beach Homes And Neighborhoods: There is nothing like living near the beach, and these pages give details about opportunities to live in houses, condominiums, and townhomes in coastal San Diego County.

The real estate professionals at Keller Williams are the most experienced  residential agents in Central and North County San Diego. We serve home buyers and sellers from a state-of-the-art office building in Carmel Valley. We serve La Jolla, Del Mar, Carmel Valley, Rancho Penasquitos, Solana Beach, Rancho Santa Fe, and all of San Diego County.

They Schiering Team stands for real estate in Del Mar, La Jolla, and Carmel Valley. We confidently use our advanced degrees in marketing, finance, and law to sell properties for the best prices, in the the least amount of time, and with the professionalism that our clients expect.

During 10 years at RE/MAX we earned membership in the RE/MAX 100% Club and President’s Clubs, which recognize excellence in sales productivity. Before buying or selling a house, condominium, or multi-unit property, call Anne-Marie or Geoffrey at 619-857-7203 for first-class service every time.

If you are selling property, then browse our “Sellers” pages. There you will find some very useful information on preparing for the sale, things to look for in a good Realtor, information on financing and refinancing, and more. We also invite you to contact us for a free market analysis. We will compare your property to similar properties in the area and use proven techniques to determine the value of your home. Forget the guesswork. We invest the time and energy up-front to be sure that our valuations are accurate.

If you are looking to buy, then follow the “Search Properties” link to view “for sale” listings. Call or send us an email with your property criteria, and we will also send you listings by email or fax. To find bargain prices, you must be there first! And remember, as a buyer IT COSTS YOU NOTHING to use our services. Our agency fees are gladly paid by the home seller. Visit our “Buyers” pages for additional information.

Our relocation services are designed for families and working professionals. If you are planning a move to the area, we will introduce you to neighborhoods, schools, and services. We will save you time and help you make the most informed decisions as you settle in to the new environment.

Let Anne-Marie and Geoffrey show you how they earned their reputations as the most dependable, professional, and FRIENDLY Realtors in Southern California! Knowing the market is our business, and our knowledge will save you time and money. We are easy to talk with, we answer the phone, and we won’t let you down. Call us at (619) 200-7612 or send an email through our Contact Form. We answer the phone or return your call immediately, and we are always ready to answer your questions regarding houses, condominiums, and investment properties in the area.