According to the NBC 7 news channel the rise of home sales has gone up in the North County. they believe the reason behind this increase is the great deals on foreclosed homes in the area (REO’s).
According to the news caster the SD/Carlsbad area is one of the top GROWTH areas for home sales – people are bidding crazy on distressed properties and it’s in the top 10 or 20 growing areas (for sales) nationwide, with an increase of over 22%!!!
As I have been telling my clients if you find a home you like in an area you like you should purhcase the home. I have a few clients in the $400,000 to $500,000 price range we have been out bid on many homes. You need to make sure that you have your lender in order and are ready to make an aggressive offer. Per the offer’s I have submitted for clients the homes are going a little over asking around 2 to 5% over.
With the interest rates low and home at 1999 list prices, its a great time to get a deal. Please give me a call (760)815-3866 or check out my website http://www.encinitasproperties.net for listings of homes in the North County.
thanks for reading…..
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