Read about the events shaping the Real Estate market today, find information about current Fed Rates, Equity Markets, Treasury Markets. Updated each weekday.
[
more news
]
Welcome to the May 2007 edition of the San Diego Market Focus newsletter. Since we are right around the corner from Summer in San Diego, we have included a monthly calendar of events for the San Diego area so you can plan for all the great activities our great city has to offer. This calendar of events will be available every month in our San Diego Area library. A great article from Realty Times is here for your review that discusses what message buyers are getting from the different media outlets. With interest rates still at very low levels, we have included a historic look at interest rates. Finally, a brief informational piece on the new U.S. Postage Rates. Enjoy!
"It's a great time to buy," says the National Association of Realtors (NAR). Alternatively, says NAR, existing home prices in February 2007 were down 1.3 percent when compared with a year earlier.
So can this really be a great time to buy if home values are falling? The answer is yes.
