San Diego Real Estate Market 2011 Outlook – Forecast – News

San Diego real estate market forecast 2011

San Diego Real Estate 2011 – Year of the Short Sale

It’s that time of the year: The real estate industry is rolling out the shop-worn playbook of optimistic forecasts for the New Year. In San Diego these canned phrases are:

• Solid signs of a firming market,
• With interest rates near all-time lows,
• Buying now is a no-brainer,
• Get in now, before the huge pent-up demand for homes hits,
• What a great time to buy with low interest rates and a good supply of homes for sale,
• Act fast now, or you may be paying thousands more in a few months.

We have heard these same phrases since 2005. The major difference was that in 2005 and 2006 many of the Gurus were adding phrases: Read more