Comments on: The Right time to Sell Real Estate in San Diego http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/ San Diego News, Chargers, Local News, Etc Tue, 09 Mar 2010 23:36:58 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: San Diego Movers http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-317587 San Diego Movers Thu, 29 Jan 2009 20:07:44 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-317587 As a San Diego moving company, we have found that more and more people seem to be buying homes now then they were even six months ago. I don't know if that means it is a good time or not, but people seem to be more inclined to buy now then they were before. As a San Diego moving company, we have found that more and more people seem to be buying homes now then they were even six months ago. I don’t know if that means it is a good time or not, but people seem to be more inclined to buy now then they were before.

]]> By: San Deigo Search Engine Optimization http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-317502 San Deigo Search Engine Optimization Thu, 15 Jan 2009 05:37:25 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-317502 I think by the end of 2000 the bet to wait to buy until then would e smart! I think by the end of 2000 the bet to wait to buy until then would e smart!

]]> By: Storage San Diego http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-316697 Storage San Diego Sun, 19 Oct 2008 18:51:13 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-316697 I bet it was waaay better to sell then than now. I hope you found the best time to sell. I bet it was waaay better to sell then than now. I hope you found the best time to sell.

]]> By: Sam Khorramian, Real Estate Expert http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-315740 Sam Khorramian, Real Estate Expert Wed, 10 Sep 2008 22:55:19 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-315740 The bottom line truth is this...Real Estat in any part of the county is only going to sell if its priced right! If you are hoping that you can sell your home for anything higher than the 2 lowest priced comps you are just going to sit on the market with very little or no showings. What would you do if you were on the market for a new home? Chances are you are going to buy the best priced home in your area. So why would you expect that someone else is going to over pay for your house? For example: if you were out shopping for a new car and found the one you like for $20,000, but then you find the same car at another dealership for $15,000. Which one are you going to buy? And why is that? The same goes when selling your home. Price is the only issue. Sam Khorramian, Real Estate Expert Direct: 858-518-1533 The bottom line truth is this…Real Estat in any part of the county is only going to sell if its priced right! If you are hoping that you can sell your home for anything higher than the 2 lowest priced comps you are just going to sit on the market with very little or no showings. What would you do if you were on the market for a new home? Chances are you are going to buy the best priced home in your area. So why would you expect that someone else is going to over pay for your house? For example: if you were out shopping for a new car and found the one you like for $20,000, but then you find the same car at another dealership for $15,000. Which one are you going to buy? And why is that? The same goes when selling your home. Price is the only issue.

Sam Khorramian, Real Estate Expert

Direct: 858-518-1533

]]> By: La Mesa Real Estate http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-279575 La Mesa Real Estate Sat, 17 May 2008 04:19:38 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-279575 It would be interesting to see where San Diego ranks on that list now in this market. I can't imagine it would still be down at #9 because this is a great time to purchase property. We have seen prices come down to levels that we saw 7-8 years ago and you have to think that this market will come back. The market can only drop down so much before all of the people renting realize they better purchase something and that start to stimulate and stabilize the market. That is what I am seeing right now. We are selling to a lot of 1st time home buyers that couldn't afford something 2-3 years ago but now have the opportunity to buy a home. As for the 2nd part of your question about what time of the year you should sell a home in San Diego. My experience has been the summer is the best time to sell because kids are out of school and parents are less likely to move in the middle of a school year especially when they change school districts. Other then that, Summer is also better because tourism picks up and the attraction to move to San Diego becomes much greater! Hope that helps! It would be interesting to see where San Diego ranks on that list now in this market. I can’t imagine it would still be down at #9 because this is a great time to purchase property. We have seen prices come down to levels that we saw 7-8 years ago and you have to think that this market will come back. The market can only drop down so much before all of the people renting realize they better purchase something and that start to stimulate and stabilize the market. That is what I am seeing right now. We are selling to a lot of 1st time home buyers that couldn’t afford something 2-3 years ago but now have the opportunity to buy a home.

As for the 2nd part of your question about what time of the year you should sell a home in San Diego. My experience has been the summer is the best time to sell because kids are out of school and parents are less likely to move in the middle of a school year especially when they change school districts. Other then that, Summer is also better because tourism picks up and the attraction to move to San Diego becomes much greater!

Hope that helps!

]]> By: Rancho Santa Fe Real Estate http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-273277 Rancho Santa Fe Real Estate Fri, 02 May 2008 05:17:21 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-273277 This wouldn't be the best time to sell which everyone should know. This is the time to sit tight and hold on until the market comes back. The difficult thing is to see your home decrease so much in value that it cause you to start thinking about letting your home go. That is where this market can really start to see something we haven't seen in a long time. I have people that are looking to buy the home down the street from their current home for $100,000 less then what they currently own and then letting their current residence go into foreclosure. That is crazy when you start to think about it!!! This wouldn’t be the best time to sell which everyone should know. This is the time to sit tight and hold on until the market comes back. The difficult thing is to see your home decrease so much in value that it cause you to start thinking about letting your home go.

That is where this market can really start to see something we haven’t seen in a long time. I have people that are looking to buy the home down the street from their current home for $100,000 less then what they currently own and then letting their current residence go into foreclosure. That is crazy when you start to think about it!!!

]]> By: La Jolla Real Estate http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-168368 La Jolla Real Estate Sat, 24 Nov 2007 21:33:38 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-168368 I have always found that you should sell when you are ready. Maybe you don't make what you wanted to, or maybe you don't make what you could have two years ago. But you are going to get a GREAT DEAL on a new & improved home. I have always found that you should sell when you are ready. Maybe you don’t make what you wanted to, or maybe you don’t make what you could have two years ago. But you are going to get a GREAT DEAL on a new & improved home.

]]> By: Jeannie http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-112524 Jeannie Thu, 02 Aug 2007 20:24:34 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-112524 With regard to statistics on home sales, it is very interesting to see the difference that Home Staging makes. At www.StagedHomes.com, there is a section on statistics for homes that are Staged vs. not Staged. Homes that are Staged generally sell incredibly faster and often for money than their unStaged competition. Something to consider when you list your home, for sure! With regard to statistics on home sales, it is very interesting to see the difference that Home Staging makes. At http://www.StagedHomes.com, there is a section on statistics for homes that are Staged vs. not Staged. Homes that are Staged generally sell incredibly faster and often for money than their unStaged competition. Something to consider when you list your home, for sure!

]]> By: Peter http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-100218 Peter Wed, 13 Jun 2007 22:27:32 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-100218 I agree with SD Realtor...sooner may be better than later. Im sure that you have heard many stories about the friend or neighbor that bought or sold at just the right time. Now might be your chance to be one of those stories. It is not the most lucrative time to sell but, if you think that you might want to sell in the next couple of years...now is the time! The other side of the coin to consider is that it is a buyer's market...thats good for you when you buy! Right now mortgage interest rates are at about a 30 year low and there are tons of foreclosures and short sales right now...and more to come. That does sometimes equate to great deals for buyers with the right negotiation. It may be better than selling for a bigger loss in a year or two and buying at a higher interest rate. Interest rate is where the rubber hits the road as far as monthly affordability. It would take about a 10% drop in housing values to make up for a 1% raise in interest rates. If the rates come up...you may be paying more for the same property value or more for a less expensive property. So, long story short...now might be the time to "time" the market and find a good deal while they are here. When the market comes back up in a few years, you could have a good shot at cashing in some good equity. I agree with SD Realtor…sooner may be better than later. Im sure that you have heard many stories about the friend or neighbor that bought or sold at just the right time. Now might be your chance to be one of those stories. It is not the most lucrative time to sell but, if you think that you might want to sell in the next couple of years…now is the time! The other side of the coin to consider is that it is a buyer’s market…thats good for you when you buy! Right now mortgage interest rates are at about a 30 year low and there are tons of foreclosures and short sales right now…and more to come. That does sometimes equate to great deals for buyers with the right negotiation. It may be better than selling for a bigger loss in a year or two and buying at a higher interest rate. Interest rate is where the rubber hits the road as far as monthly affordability. It would take about a 10% drop in housing values to make up for a 1% raise in interest rates. If the rates come up…you may be paying more for the same property value or more for a less expensive property. So, long story short…now might be the time to “time” the market and find a good deal while they are here. When the market comes back up in a few years, you could have a good shot at cashing in some good equity.

]]> By: SN http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/comment-page-1/#comment-96635 SN Sun, 27 May 2007 05:20:45 +0000 http://sandiegoblog.com/archives/2007/01/24/the-right-time-to-sell-real-estate-in-san-diego/#comment-96635 The right time to sell your home/condo, depends on the area in which you live....but typically a great time to list and sell is Feb/March. You beat the Spring listings and the Summer isn't as busy in regards to selling as most think...it's a busy time for CLOSINGS. The average percentage between list and sales price is irrelevant...When the list price is RIGHT...the sale will occur. It's probably about 3%-5% of asking price in nearly every case. The right time to sell your home/condo, depends on the area in which you live….but typically a great time to list and sell is Feb/March. You beat the Spring listings and the Summer isn’t as busy in regards to selling as most think…it’s a busy time for CLOSINGS.
The average percentage between list and sales price is irrelevant…When the list price is RIGHT…the sale will occur. It’s probably about 3%-5% of asking price in nearly every case.

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