Sales of new homes and condos were down 30.7 percent in March in San Diego County compared with the same month last year, according to Hanley Wood Market Intelligence, a housing research firm.[tags]San Diego new home sales, real estate bubble, San Diego real estate, San Diego housing, San Diego home sales, San Diego homes[/tags]San Diego real estate lawyers
10 thoughts on “San Diego New Home Sales Down 30%”
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One new San Diego home builder is offering two years of HOA dues paid! Los Angeles divorce lawyers
In the Sunday San Diego Union Tribune it seems all new home builders are offer BIG money incentives to move their San Diego real estate.
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Personally, I think we have a long way to go before this San Diego real estate market turns around. California legal advice
San Diego has plenty of sunshine but little affordable housing. Only 5% of local residents could buy a median-priced home — one reason the city grabbed the dubious honor of ranking No. 1 on the Forbe’s America’s most overpriced home markets list.
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The inventory of homes available for sale has increased dramatically. New home communities are still building new homes in many areas of San Diego creating even more standing inventory. If you’re buying in San Diego this is your opportunity.
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Sales for the month of April were a dismal 2324, a decline of 18% from April 2006 and 44% from 2005. This is the lowest April sales activity in the past 12 years.
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What a great time to buy. Many beautiful properties available and interest rates are at historic lows. Seller’s are entaining offers that are very beneficial to the Buyers.
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San Diego resale housing figures for January 2007: The median number of days it took to sell a single-family home was 75 days in January 2007, compared with 48 days for the same period a year ago.
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I was not surprised by this number at all. I was recently looking at refinancing my home and found a tool that gave you your home value. Needless to say but my house in San Marcos had dropped almost 30% over last year…
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Not everyone needs to get overly worked up about a slower San Diego housing market. San Diego homeowners who stay in the same house through the down years will probably come out all right. Sure, homes may not appreciate as quickly — or at all — for a while. Nobody likes that.
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