The negative side of this market, is that many individual home sellers are being forced to follow the lead of the new home developers and offering buyers incentives to facilitate the sale. In todays market, payment of all, or the majority of the buyer’s closing costs is very common. So, our home prices are being artificially distorted, because the buyer’s incentives are not taken into consideration by the firms that just track the recorded sales prices. San Diego real estate sales [tags] San Diego real estate, CA real estate sales, real estate market, home sales, home values [/tags]
2 thoughts on “San Diego Homeowners Forced to Offer Incentives”
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Yes, without paying a buyers closing costs, or at least part of them, A San Diego homeowner will have a very hard time selling their property.
In the long term real estate always bounces back and people should take advantage of these slow periods if they really want to get a good return on their investments.
Brianne
San Diego California Dentists