Point Loma & Ocean Beach Blog
Many indicators show that the San Diego real estate market is healing.
There are a few misconceptions out there that we think you should be aware of. One of them is that there is going to be a lot more short sales and foreclosures on the market. However the numbers show that this is not true. We are actually experiencing a major decline in the number of Notices of Default since last year in every zip code in San Diego County. What does this mean to you? There are less distressed properties on the market and more buyers competing to purchase the homes which are on the market. Less supply and more demand equals an increase in prices.
Another misconception is that there is a huge "Shadow Inventory" lurking in the distance. Not every foreclosed property is being sold in the resale market. Banks are liquidating a large amount of these properties by selling them to hedge funds and investment groups in bulk sales. So if you are waiting for hundreds of bank owned properties to flood the market, good luck to you. This is the best real estate market for buyers that we have seen in our life time.
Call us today to help you find your dream home or cash flow investment!
Agne Isidro - 619-892-2020 Richelle Szczygiel - 619-200-5545
Rare and Incredible opportunity to purchase a home in Ocean Beach priced under $340,000!!! This great buy is located right off Sunset Cliffs, just minutes from the beach! This two bedroom, two bathroom home has been well maintained and is looking for a new owner. At this fantastic price, this one will go quick!
We just came across this great opportunity to own a remodeled home in Point Loma with a 1 bedroom Granny Flat. This 2 bedroom home is light and bright with skylights and vaulted ceilings. The open living space has a brick fireplace creating a relaxing ambiance. The kitchen has been fully remodeled with plenty of cabinet space, upgraded lighting, granite and stainless steel appliances. Both bedrooms open up to the courtyard creating a wonderful opportunity to enjoy your breakfast outside. The Granny Flat has a lot of natural light and features a full kitchen, private laundry hook-ups inside, full bathroom. It also has hardwood flooring and other upgrades. Located in Loma Portal this pristine home is a great investment opportunity!
Call us today for a private viewing or this home or any other Point Loma Homes For Sale.
Agne Isidro Richelle Szczygiel