Most San Diego homeowners think they have it really bad when it comes to the current real estate market. It seems the majority of the real estate sales today here in San Diego are bank foreclosures.
It's not much comfort, but there are eight other cities that have a more challenging real estate market.
Here are the 10 markets where Forbes magazine says the sales opportunities are the most challenging:
:
- Miami
- Orlando
- Phoenix
- Tampa
- Los Angeles
- Washington, D.C.
- Chicago
- Baltimore
- San Diego
- Denver
Sources: Forbes, Matt Woolsey (04/15/08) San Diego County California real estate agents
It’s just surprising that so many people with the clear signs that were present in 2004 and 2005 didn’t say that the San Diego real estate bubble was about to bust.
Thomas
San Diego County Dental
It seems that SD real estate follows about a 10 year boom to bust cycle; perhaps it takes 10 years for people to forget the last bust.
Ryan
San Diego California Attorney