Leave a comment » North San Diego Coastal Real EstateNorth San Diego Coastal Homes NowAlright we are three weeks into 2010 and here is what we know for sure. The talent filled San Diego Chargers will once again be watching the Super Bowl, instead of playing in it. That is a total bummer... Mortgage interest rates have dipped again, after moving up the last few weeks of 2009. The bond market rallied last week and left mortgage rates back near 5% for 30 year loans.
Home inventory is low in San Diego, especially in the starting price ranges in many zip codes throughout San Diego and the state of California. One thing to keep your eye on as a buyer or seller is as the season influx of listings hit the market, how long are they taking to sell? If you follow the real estate market in North San Diego Coastal neighborhoods you may have noticed a few more homes trickling onto the market. (like the Carlsbad home pictured above, priced at $538,000) The good ones are selling quickly. (The home above is pending after less than 2 weeks on the market) In California, the supply of unsold homes is at a 5 year low, according to a recent Wall Street Journal article. In certain price ranges in the North San Diego Coastal real estate market inventory is very low. There have been numerous articles warning of the "Shadow Inventory" that will hit the market, but there is a chance that as these homes hit the market they will be sold quickly, due to the low levels of housing inventory in North San Diego Coastal communities. If you are looking for a pre-foreclosure or short sale check out these North San Diego Coastal home deals. Looking for North San Diego Coastal detached homes under $700,000 check out some of these... Some of the best buys in the North San Diego County Coastal home market right now are in the 1.5 million to 3 million dollar price-range, there is plenty of inventory in this price range check out some of these Great Buys Now I hope your 2010 has started off well. If you are looking to buy to buy or sell a North San Diego Coastal home, give us a call, we are here to serve. Call Loren Sanders at (760) 602-1000.
http://www.coastalhomefinder.com/00A64A
Posted on January 23, 2010 18:29:28
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