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Welcome to summer in San Diego! As we move further along most real estate professionals would classify our current market at a "Buyer’s Market". We have included a very good article that details exactly what a "buyer’s market" means. This is also the time of the year that there are a number of fun activities to do with your friends, clients and family. Please take note of our summer activities calendar including a schedule of the San Diego Fair as well as July 4th celebrations around San Diego. Finally, we have included a Family Disaster Supply Kit List for your review and to pass along to your customers. Enjoy!
Chicago Agent - DO NOT MISS THIS!!!!
Attention Real Estate Professionals and Lenders: Please ask your Chicago Title Sales Representatives about our new exclusive program called "Chicago Agent". This program is the nations #1 Closing Cost & Sellers Net Sheet program and is getting rave reviews from many agents and lenders around San Diego!! Your Chicago Title rep can give you a personal Demo-this product can be used with EVERY CLIENT you have!!!
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What is a Buyer's Market?
Most real estate practitioners consider a typical market to be one in which homes take an average of six months to sell. Realtors keep track of this number by keeping up with the days on the market (DOM) of every home listed and sold.
If the number rises above six months inventory on hand, then the market is swinging into a buyer's market. If it falls below, it is becoming a seller's market.
A buyer's market is one in which there are too many homes on the market for the number of buyers. Homes take longer to sell and prices fall.
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