Thursday, December 9, 2010

Home Buyers Need Butt Kicked

An interesting way of putting it... the article here from Matthew Ferrara's website. Explaining that now is a great time to buy a home yet buyers are afraid of losing their investment. Real estate markets such as ours in southern california is fairly stable. Mostly in the past year but looking at some of my clients that have owned homes for the past 10 years still have maintained their equity and are way ahead of where they bought. Combine our desirable market with all time low interest rates and low costs on moving, inspections, etc. why not make a move and invest?

Carlsbad Makes Top 5 Places to Buy!

December is a great time to buy. The article here: realestate.msn.com explains that agents are less busy this time of year and there are less offers, so less competition for properties. Home prices are usually down this time of year as a result of the slower business compared to the spring time.

The article lists Carlsbad as the top place to buy a home. With 4% interest rates being low there is not really a better time to buy!

My own research has shown that sold properties have slightly increased in the Encinitas, Solana Beach and Leucadia coast neighborhoods. This market west of Interstate 5 had 144 properties sold last year with a median price of $506. per square foot. In the last 3 months 40 properties sold in these neighborhoods! The market is picking up on the north county coast!