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San Diego Weather

February 7th, 2008 categories: Buying

So why is San Diego the best city in the world to live in? Today is February 7^th and for the rest of the country, it’s winter. For many non-San Diegans, snow is a part of their daily lives and not something you look forward to on the weekends. But here in San Diego, they skies are clear and the sun is out…in fact, I was actually sweating in my car while I waited for my client to show up.

Yes, it did rain a bit last week, but our rain is comparable to a heavy fog in many other states. Right now it’s in the 60’s, but it’s got to be warmer than that. People are out walking in shorts and T-shirts – no boots and overcoats here.

Are homes prices too high though? Will the foreclosures and adjustable mortgage rates kill the housing market? Doubtful. Yes, some areas of San Diego are suffering, but these are typically the areas that are on the outskirts of San Diego, where owners were stretched too thin to begin with.

Are there deals to be had? Yes. In any market, you can find a good deal and take advantage of someone else’s situation. The key is working with an agent who knows what’s going on and knows about these deals – sellers who are going through a divorce, investors who can’t cover their mortgage, developers who have to pay off their loans…these are all indications that can lead to a deal.

Want a list of deals? Do you want to know about a unit that is $200,000 under priced? How about a home that is turnkey and has a large lot, ready to be developed?

Contact Denny Oh at 858.243.2092 for information on these homes, or others in the San Diego area.

Other Must Reads:

Feds Lower Rates 3/4 of a Percent!
San Diego’s Electra -Update and Pictures
2006 vs 2007 Downtown San Diego Condo Sales Statistics

This entry was posted on Thursday, February 7th, 2008 at 5:00 pm and is filed under Buying. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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