Yeah, sure - there is great concern and uncertainty about the economic recovery, and especially the recovery of the real estate market. As we talk to hundreds of buyers weekly, we are amazed at how many buyers say things like, "we are searching for a bargain", or " I have been looking for the perfect house now for 5 years", or I am waiting for the market to hit bottom". Oh my God, and there are oodles more quotes not worthy to publish.
Like so many others, I cannot accurately predict the future of the real estate market. I can say with absolute confidence - there are some fantastic houses out there in San Diego, and many represent great values. Forget the short sales and foreclosures - see us about helping you to make an offer on your next home. Hey! What are the likely outcomes - (1) your offer is accepted, (2) your offer is rejected, (3) your offer is countered by the seller, and the negotiation begins.
OK, so we are in a "down market". Don't overlook that there are some great deals waiting for you, and a down market can work to your advantage - buy "up" in a "down market" . Don't wait for interest rates to rise or supply/demand to shift balance... Just "pull the trigger", and do it soon! When the market recovers, you will likely have purchased a home with built-in-equity. Ask yourself ... why am I willing to waste precious time waiting for the perfect timing, when I could be living my dreams NOW.
Contact us soon - and let us answer all of your questions and concerns about real estate, and let us help you to achieve your goals.
Charles M. Schevker (CPA)
DRE # 01875556
Broker Associate
Prudential California Realty
1299 Prospect St.
La Jolla, CA. 92037
