Commentary by Sherman D. Harmer of the San Diego Business Journal
Remember not that long ago when home sellers were calling the shots — dictating prices and terms to multiple bidders who were knocking down their doors in many markets?
Well, today, with the slowdown and changes in San Diego’s real estate market, all the market fundamentals show that buyers are now in the driver’s seat.
Consider the facts: Prices are competitive, interest rates are very affordable, there are plenty of homes in all price ranges to choose from and sellers are ready to bargain.....(Read the full article here) http://www.sdbj.com/article.asp?aID=43025513.6689875.1583244.2056042.8754781.464&aID2=121779
Wednesday, February 20, 2008
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