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| Aug. '06 |
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Welcome to the August edition of San Diego Market Focus. With all the market uncertainty of late, we have included a great article entitled "Normal Market Produces Buyer Opportunity". Pass this article on to any buyer who may be on the fence about buying a property-it's a must read! In addition, we have a couple of great marketing flyers on the Probate process as well as San Diego County real estate sign restrictions. Enjoy!
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Understanding the Probate Process
A list of commonly asked questions regarding probate...
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Real Estate Sign Restrictions
A brief outline of temporary sign restrictions for San Diego County...
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Normal Market Produces Buyer Opportunity
Why aren't builders running scared? Because the underlying principles of a good market remain sound in the midst of buyers scurrying around, afraid of buying at the height of the market. While nationally, the industry has cooled to "more sustainable levels," according to the National Association of Home Builders, "The Bureau of Labor Statistics reports strong job gains in many of the fastest-growing states, with 37 states exceeding their pre-recession peak levels of employment in 2005."
The group recently released a mid-year housing report on its real estate trends website, HousingEconomics.com. A cooling of the market this year will still result in the third highest level of housing starts in the last few years.
That's why you keep seeing building projects going up. Definitely, not as many houses are being constructed in 2006 as last year, but the NAHB report points to several positive market growth indicators in various regions across the country.
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