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Coastal San Diego California - Finding Value
Always ranking among the top coastal areas in the entire US by many travel and financial magazines is San Diego, CA. The idyllic weather, most incredible scenic coastline, and hospitable residents make it a fantastic place to call home.
The recent national market correction has opened up windows of buying opportunities for many that have been on the sidelines for many years, but not all properties on the market are 'great deals'. Some sellers are still looking to obtain sale prices at or close to the highs, and have not been educated to the accurate market values. There are also many sellers that are aware of the accurate market but are trapped in their purchase. Some buyer's acquired their homes in the peak years, or that have continued to tap out their equity, and are now selling, do not have the flexibility to deliver the attractive priced properties that buyer are seeking today.
Large price reductions do not always indicate that the property is truly a good value, even though it might appear to be a bargain.
Whether you are an agent or buyer or seller, the only true comps are RECENT SOLD's - Period. Because of the insane practice of dramatically under pricing ... more
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