Is the San Diego Real Estate market flipping from Buyers to Sellers?
For the past year it seemed that San Diego Real Estate market had exhibited the signs of a typical buyer’s real estate market. However, now, things might be changing. Currently, in the San Diego Real Estate market only 7% of the detached listings are actually banked owned, mostly located between Lemon Grove and National City areas. However, from the properties currently available almost 20% are short sales. Most of the short sale properties in the San Diego Real Estate market are located in the South Park and Lemon Grove areas.
Short Sale means that the seller is selling for less money then he or she actually owes to the bank. This means that there is actually another party in the process, the bank. And the bank has the final say in the matter. They can choose to approve the Short Sale, or not. In San Diego Real Estate market this is quite common, and of course it is very important to have a company such as Bay Realty, represent you in the buying process. Bay Realty specializes in Short Sales. You might find a great deal in the San Diego Real Estate, even place an offer on your dream house. But getting that offer approved is the tricky part. At Bay Realty, we can help you look, submit the offer, and best of all, push through that offer through the corporate chains for approval, so you can finally own your very own peace of San Diego Real Estate.
Resource box- Paul Easton is writer who is writing on San Diego real estate and giving us idea of most expensive place in San Diego. To know more – http://bay-realty.com/
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