Real estate news — San Diego County home sales for July 2010

San Diego County home sales for July 2010

Home sales in San Diego County came in at 3,070 in July 2010, lower than the almost-3,900 sales in both May and June, but still well above the low of 1,826 sales in January 2008 and 2,322 sales in January 2010.

Many experts blame the fall on the expiration of the federal tax credit, but that actually expired April 30, so it really doesn't fully explain the high sales in May and June. However, it's possible that some people were house hunting with the intent of getting into escrow by the April 30 deadline, and when they didn't, but found the right house anyway, they went ahead and bought. Some experts believe it will take 3-4 months for the tax credit effect to wear off. 

If your intent is to live in your home, raise your family there, and perhaps even retire there, it's always a great time to buy, but especially so right now with interest rates still at record lows and before home prices increase so far thath your dream home is out of reach.

If you've been sitting on the fence, climb on down and give me a call! I can help you find your new home, and if you don't have a lender to work with, I'll help you find a good lender, too! I know several!

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If you're looking for a great real estate agent in San Diego, well,
let me Google one for you.

I'm available 24/7, so feel free to contact me by phone or email.

Jim Frimmer, Realtor
Century 21 Award Mission Valley
California DRE License #01458572
619-729-5701
jimfrimmer@century21award.com
Mission Valley Condos Information

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Try RusselRayPhotos.com for inexpensive, royalty-free photos.

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