Jeannie Niles Real Estate Investment
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San Diego Market Updates: 2008
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May 02, 2008
Inventory increased in all categories, including new inventory. Pendings were almost identical to March with the exception of multi-family.
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April 04, 2008
Inventory increased in all categories, including new inventory. Pendings declined slightly.
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March 07, 2008
Inventory remained the same, sales increased slightly and the rate of new listings coming on the market slowed substantially.
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February 05, 2008
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.
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January 03, 2008
ALL areas improved this month!!! Traditionally December is a slow month for real estate activity.
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
