Friday, November 20, 2009

Holiday Sale Pricing on Homes

Buy now to get Holiday Sale Pricing on Homes.

Nov., Dec. & Jan. are traditionally the best time for buyers to buy a home or an investment property. There are usually fewer buyers to compete
for the homes and some sellers need to sell without regard to the season.

Many of the banks want to clear out their inventory by the end of the year.
That means you need to be in escrow by December 1st to have a reasonable chance of closing by Dec. 31st, especially with the holiday season slowing down the process.

Some regular sellers will hold firm but many are willing to negotiate
instead of waiting till the Spring when the market heats up again.

The disadvantage of buying now is that you will have a
smaller inventory to choose from. Many sellers are aware that
the Spring time is the best time for the sellers,
so many of them wait until then to market their homes.

The other problem with buying now is that the inventory is low
and we have had 7 straight months of price increases in San Diego County.  We have almost 1/3 fewer listings than last year at this time. Foreclosure listings are almost 70% lower than they were a year ago. About 630 active at this time in the whole County.
There is increased competition as buyers realize that the
housing market is turning and is unlikely to go back down from here.

In San Diego, home buying and selling goes on all year as we do not have to contend with snow impeding our ability to get around and making it difficult to see what the yard looks like without 3 feet of snow.

Holiday Sale Pricing on Homes wont last long. 
These are bargain prices compared to where the prices were
and where they are heading.

Call me today to find out how you can get Holiday Sale Pricing.
Only 10 more home shopping days this year!

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Dennis Smith, ABR, SRES, e-PRO, CDPE, Realtor® DRE# 00476662
Certified Distressed Property Expert
Taylor Place Real Estate
Buy or Sell a Home with Me, Use my Moving Truck - F R E E for life.
dennis@SanDiegoHomes4u.com
760-436-0087, or cell at 760-212-8225
http://www.sandiegohomes4u.com/home.htm

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http://www.sandiegohomes4u.com/RealEstateTrends.htm

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