Wednesday, April 22, 2009

Encinitas Foreclosures & Encinitas homes for sale



Hello and Welcome to Encinitas Foreclosure properties.

During the recent down turn Encinitas home prices have experienced declines due to the overwhelming number of foreclosures and the tightening of credit. The region also faces pressure due to the recent rises in unemployment.

So the question to ask, Is there opportunity to buy in this market? We believe the answer is Yes, but only with the right approach. The potential silver lining and opportunity here is the following: According to Dataquick, in the month of March, 2009 there were 3,020 sales in San Diego county which represents a 43% increase in sales volume over March of 2008. The median home prices in Encinitas for that same period have fallen by 34.4% to a median price for Encinitas of 480,000 making Encinitas as affordable as it’s been in years.

Many value buyers are now stepping in to take advantage of the great prices because certain price ranges are definitely starting to see stabilization, there are many potential government home buyer tax credits, and the current interest rates are at historic lows.

To learn more about foreclosures in Encinitas, please visit our fully integrated Real Estate Website at www.fourseasrealty.com , where you can search all active foreclosure, short Sale, and REO listings along with the entire San Diego county MLS.
You can also sign up for our free Property watch service which will automatically keep you updated on any new listings that fit your guidelines or any price changes!

We Look Forward to Hearing From you!

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