We are advising our clients to consider entering the market or investing now before interest rates rise or you get priced out of the market, or competition increases substantially - or a combination of all 3. Over the course of 2012, who knows what can and will happen on a national scale, but San Diego will continue to progress, steadily doing its thing, and being one of the front runner cities that is leading the nation out of recession and into the recovery.
Expect to see that the general consensus for real estate to improve. Expect modest improvements in prices at a strong single digit growth rate. You can still expect to see a lot of superfluous hyperbole within the media on a national scale when it comes to the housing market, but know that San Diego has a strong industry base that creates decent jobs, substantiates prices, and allows for upside and growth.
We've been brought into the fire, and we are on our way out. It's important to strike the opportunity while the iron is hot, and while there is still a considerable amount of people who still don't believe we have hit bottom yet. For Sellers: Because we will not be vacillating much in price in the near future.