Wednesday, April 22, 2009

Escondido Foreclosures & Escondido homes for Sale



Hello and Welcome to Escondido Foreclosure properties.

During the recent down turn Escondido 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 Escondido for that same period have fallen by 37.73% to a median price for Escondido of 229,166 making Escondido 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. To learn more about foreclosures in Escondido, please visit our fully integrated Real Estate Website at 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 of any new listings that fit your guidelines or any price changes!

We Look Forward to Hearing From you!

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