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Real Estate News

By
Real Estate Agent with SDPropertyfinder Inc.

www.sdpropertypricecontrol.com

 

 

 

 

Obama met with the Bankers today. What does that mean for you and how does it affect your purchasing power?

 

If you plan on buying within the next month, call us today at 858-444-2473 so we can set up a time to talk about the

Area you specifically search in.

 

For all of San Diego we know that right now in March of 2009 it takes about 7.3 month to sell a house based on the amount of homes that are on the market and the amount of homes bought. Here is the important fact: Last year at the same time: it took 13.7 month to sell a home.

This tells us that the inventory is shrinking. Banks are freezing their REO's and more buyers are taking advantage of great affordability.

And do we have many new construction sites going on right now? NO

So no new homes will add t the inventory, right?

 

The Median Price is $320K and the interest rates were just dropped again. Is right now a good time to buy?

You tell me. Have you seen homes as affordable as now?

Call us to find out more 858-444-2473