The Spring Selling Season around here traditionally gets started right after the Super Bowl – let’s talk about it!
On Monday, February 3rd at 8:00pm we will be joined here by Rich Toscano and other local experts to discuss the real estate market!
Using Google Hangouts On Air here, you will be able to watch and listen to the panel discussion right here on the blog. We will be taking your questions too – get in early by leaving them in the comment section below.
See you Monday!
First question is in:
When will the standoff end between patient buyers and OPTs?
In your opinion(s), what will be the effect of the FHA’s lower limits in North County Coastal — 20% down? What have you already seen?
Thanks. Chris
Another question in:
When will we see more houses for sale?
Upcoming and declining neighborhoods:
We have a significant local variation in market conditions on the neighborhood scale. Buyers are attracted to neighborhoods with newer houses, better schools, and closer to employment centers. What do you see in the future as to which neighborhoods of San Diego county will be growing in popularity and which are destined to slowly decline?
Given the current state of the market and the economy in general, what would it take to have another minor decline in the real estate market? Something on the scale of the First-Time Homebuyer Credit expiration event that caused a decline at the end of 2010 and lasted until the end of 2011. Do you think raising interest rates may cause that?
Rich’s recent post lays out the numbers suggesting that homes in SD may be overpriced but that we probably aren’t (yet) looking at another bubble. But although aggregate home prices are still 20% below peak, some zip codes have already blown past peak prices. Based on price to rent or other indicators, what SD county neighborhoods are most likely overpriced/inflated? Relative bargains?