Doom & Gloom…All the Way to the Bank

Doom & Gloom…All the Way to the Bank

Wow. The April issue of DREAM HOMES SAN DIEGO was barely off the press today when we started hearing the buzz from San Diego County real estate circles about this article that is in the issue:

Doom and Gloom

The article makes these key points:

• All real estate is local…and not just by city but by neighborhood.
• Buying real estate in an upscale community is still your best investment.

But please read the entire article. It’s short but chockfull of interesting quotes and statistics and our opinions, some of which you may find controversial. Then post your comments about the piece in this blog. We are also interested in hearing stories about your personal real estate experiences in this market no matter what you do for a living. Thanks.

What’s Happening in Your Neck of the Woods?

   Happy New Year! There has been a lot of doom-and-gloom news about the real estate market for the last several months. We know, however, that all real estate is local. Some communities in San Diego County are suffering high rates of foreclosure, others are holding steady, while still others are inching up in value.

   We’d like to know what’s happening in your neighborhood. How many houses are for sale? Do you and your neighbors talk about the real estate market? If so, what are people saying? Are you and they optimistic or pessimistic about the San Diego market? Are you planning to buy or sell this year? If you’re buying, what areas are you looking at? If you’re selling, where will you buy your next home? What do you think will happen to the San Diego market over the next couple of years?

   You don’t have to answer all of these questions. Just share your thoughts and experiences. Thanks!