San Diego Real Estate 2011 Forecast

Real Estate Broker/Owner with CA Lic#00706331

Bob Schwartz, San Diego real estate brokerSan Diego Real Estate 2011 Forecast

I foresee another year of San Diego home value erosion.

The only bright spot in 2010, was the Federal and California state home buyer credits that artificially created and temporally created a modest home value, short lived average price up-tick.

Some of the reason's continued trouble ahead in 2011, are the attitudes formed toward homeownership by first time buyers, the impact of California's own Cap & Tax energy program, past overbuilding of high end homes based on false loan qualification practices, and the large amount of foreclosures banks still have to process. * Read the full article: San Diego real estate market 2011 forecast


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  1. Jared Schwartz 01/03/2011 09:08 AM
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Will Handley
Progressive Inspection Service - San Juan Capistrano, CA
Certified Master Inspection Services

Exactly!  Until the housing industry is allowed to return to free market principles, we're going no where fast...

Jan 01, 2011 03:48 AM #1
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