Wednesday, April 22, 2009
San Diego Foreclosures & San Diego homes for sale
Hello and Welcome to San Diego Foreclosure properties.
During the recent down turn San Diego home prices have experienced significant 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 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 San Diego for that same period have fallen by 27.8% to a median price for San Diego of 285,000 making San Diego as affordable as it’s been in years.
Many value buyers are now stepping in to take advantage of the great prices because certain areas and price ranges are definitely starting to see stabilization. To learn more about foreclosures in San Diego, 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 of any new listings that fit your guidelines or any price changes!
We Look Forward to Hearing From you!
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