Todd's Real Estate Blog

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Is the Market Turning the Corner?

I'm not sure what's happening in the San Diego Real Estate market, but I think there may be light at the end of the tunnel!  Just in the past month, I've been working with several legitimate "REAL SERIOUS BUYERS".  I know it's hard to believe but its true.  In addition, my listings have been bombarded by showings upon showings.  I think the buyers are finally waking up from hibernation.  This market is "Ripe" for the picking for all types of buyers.  What I am seeing most is "All Cash" buyers.  Unbelievable as it sounds, just in the last week I've had dealings with buyers on my listings that are offering "All Cash".  I am hearing similar accounts from my friends in the industry too.  Most of the top agents here are reporting higher than normal showings and buyer interest.  Has the tide finally started to turn in San Diego?  Only time will tell, but my gut tells me that it is.  What a perfect time to buy....interest rates are at an all time low, tons of homes to choose from, and best of all....rock bottom prices. 

 

Comment balloon 1 commentTodd Armstrong • February 21 2008 01:40PM
Is the Market Turning the Corner?
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I'm not sure what's happening in the San Diego Real Estate market, but I think there may be light at the end of the tunnel! Just in the past month, I've been working with several legitimate "REAL SERIOUS BUYERS". I know it's hard to… more