San Diego Real Estate Blog

San Diego Real Estate Blog

The real estate market in San Diego for 2009 should be somewhat predictable. In my Real Estate Professional opinion 2009 should look a lot like 2008. 2008 showed us many short sales and foreclosures on the market with declining San Diego home values. We should see the upper end homes continue to drop in price which they have in 2008 but the slide has a lot more to go through 2009. The lower end homes price ranged below $450,000 in many areas of San Diego have started to level off and should continue to level off through 2009. The condos are still dropping in value in most areas of San Diego and inventory of condos in San Diego is building and building. There has to be more movement to lower prices for San Diego condos in 2009.

Some of the unknowns going into 2009 would be the economy and what will the banks do for homeowners other than foreclose on them. The economy in 2009 will be a recession. San Diego will be hit but not as bad as many other areas of the country. We have a large military and federal government job base which will probably not be affected. We have a strong technology base of companies and biotech companies that will help ride out the long recovery. The other factor will be how the banks deal with loans in default. If the banks and mortgage companies decide to allow homeowners to truly refinance their home at a new appraised value and stay in their home this will have a great affect on the San Diego Real Estate Market. It would mean far less foreclosures and short sales and less inventory of homes on the market. In my opinion these will be the two indicators to watch for in 2009.

Please use the links below to help you with your San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

When you buy a house there are many rebates you can get if you’re the purchaser. A house rebate can include the seller paying closing costs which can be recurring or non-recurring. Closing costs can be loan costs, escrow fees, inspections, HOA fees, and so on. The seller can also rebate the San Diego house by selling it for less than the home is worth due to time restraints, relocation, or a good negotiating Realtor as a buyer’s agent. House rebates can also come in the way of the selling agent or the buying agent giving up part of their commissions to make the deal work.

Rebates can also be given by the lender by reducing their fees. Buying foreclosures and short sales in San Diego can also include rebates on the house by the lender or mortgage holder. The best rebate is making sure you have a great buyer’s agent working for you and finding you the right house and negotiating the right purchase price.

Please use the links below to help you with your San Diego Real Estate Search and Information from your San Diego Realtor.

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All information is believed to be correct but not guaranteed.