Most buyers want to include foreclosures in their searches, but today’s headline, “Foreclosure rate half of what it was a year ago” may explain why there are so few foreclosed houses (REO’s) to look at. The default rate has dropped substantially from last year, leading to the need for a buyer to act quickly if he is interested in a home.
No one knows when we will notice a big turnaround in home prices, everyone has their theory. But putting a home on the market, and having it sell above full price, is familiar to those of us who have been selling real estate for many years. And it’s happening here in North San Diego County.
Newest 10 Listings in Vista, Ca:
[idx-listings city=”Vista” propertytypes=”339,336,337,338″ orderby=”DateAdded” orderdir=”DESC” count=”10″]
So if you see a home that fits your needs, don’t wait! You may lose it, or another buyer may drive up the price. You gain nothing by waiting, and may wish you had acted faster.
Foreclosures in North County San Diego: http://www.cristineclark.com/foreclosure-search/
The Cristine Clark Team