The local Real Estate market in Encinitas, Cardiff-by-the-sea, Leucadia & Olivenhain are solidly back to 2004 prices. Those value shoppers looking for a bottom? I believe Spring of 2009 was it! Sold homes are 10-15% higher now over the last 12 months. The amount of well qualified buyers with large down payments or ability to pay all cash in today's market is staggering. A great blog to follow that has daily content, but covers a larger area here in San Diego county would be Bubbleinfo my friend and former colleague; JtR @ Klinge Realty.
If you would like some help with your Real Estate questions? Feel free to contact Me. Cheers
Showing posts with label Owner financing. Show all posts
Showing posts with label Owner financing. Show all posts
Wednesday, March 16, 2011
Thursday, January 8, 2009
Seller carry-backs are coming back
1953 Adobe fixer home & an unpermitted detached studio on the property. 2 bed, 2 bath, 1339 sq.ft., .93 acre parcel with ocean view. Listed for 850k, sold after 46 days on the market for $680,000. Seller financing for a 476k loan. What interest rate would you want?
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