December 9, 2024

Reasons why a San Diego real estate bottom may not equate to San Diego real estate appreciation:

A.      Very high unemployment rate in California.

B.      California state government's massive debt.

C.      More people are leaving California than moving to California.

D.      60% of Option ARMS (worth approx $750B in loans) of the entire nation are within California, the fact the majority of these loans will recast within the next 2-3 years.

E.       Only about one in five can qualify for the average San Diego home (and that's after prices have already dropped almost 40% from their peak).

F.       The myth of ‘you can’t lose investing in real estate’ has been broken.

G.     San Diego recently has seen  a softening in the rental market.                                 San Diego MLS listings

3 thoughts on “San Diego Real Estate Appreciation

  1. Americans’ Debt Load Threatens the Entire Financial System. Years of spending more than they earn have left a record number of Americans standing at the financial precipice. They have amassed a mountain of debt that grows ever bigger.
    Hoodia Diets

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