Jeannie Niles Real Estate Investment
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San Diego Market Updates: 2007
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December 02, 2007
All areas showed a slight improvement this month, even with the Thanksgiving Holiday.
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November 03, 2007
The real estate market is encountering tough times and a huge slowdown.
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October 10, 2007
Total Inventory has dropped most likely from expired listings. Sales as a percentage of inventory rose for Single Family Homes in Encinitas but that was because of declining inventory.
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September 04, 2007
August was the worst month for real estate news in the media that I have encountered.
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August 13, 2007
As I keep repeating myself, it is critical to maintain proper liquidity.
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July 07, 2007
The statistics have remained very similar for the year 2007. While the federal reserve has opted to keep interest rates the same, CNN Money selects San Diego Downtown Condos as a place for bargain hunters.
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June 01, 2007
I’m continually amazed why new property is placed on the market at an asking price higher than what is currently available and not selling.
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May 04, 2007
There was increasing inventory in all categories and the percentage of sales to total inventory was less than for March 2007.
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April 02, 2007
The market is better than it was six months ago, but you still need to be the best property at the lowest price on the market.
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March 22, 2007
San Diego's population is starting to drop as people move to less expensive areas. Like the governator, they'll be back.
Inventory increased in all categories, including new inventory. Pendings were almost identical to March with the exception of multi-family.
Inventory increased in all categories, including new inventory. Pendings declined slightly.
Inventory remained the same, sales increased slightly and the rate of new listings coming on the market slowed substantially.
From what I am observing, it appears banks are becoming more aggressive in pricing their foreclosed properties at low prices to generate a more rapid sale.
ALL areas improved this month!!! Traditionally December is a slow month for real estate activity.
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Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
