Archive for October, 2009

The “Why” of Short Sales

By Steve, 30 October, 2009, No Comment

When should I do a short sale?
There is definitely a time to do a short sale rather than wait for the value of your property to increase (please note: this information applies to homeowners only. If you are an investor, please contact me for specific information about this process, and its potential risks and rewards).


1. If you are “buried” in the property, it’s time to think about a short sale.

Buyers, Buyers, Everywhere, and nothing to buy…

By Steve, 15 October, 2009, No Comment

So what happened to the real estate recession?

What happened is that the real estate recession is temporarily over.

Consider the following:

In the area where my office is (eastern San Diego County), the ratio of properties under contract to listed properties is about 2-1. In other words, there are twice as many properties that are in some sense “off market” (not including the “sold” properties) as there are properties for sale.