San Diego Market on the move!

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Even though the San Diego market is up from the bottom by 10% already, it is still not too late to take advantage of the low prices in housing.

San Diego was the only market in the country to rise last month!

If you were waiting to buy at the bottom, that ship has sailed. The state of CA is still offering the $10,000 tax credit until December and interest rates are still low, however,  and most importantly the recovery of 10% from the bottom off of a 42% decrease from the peak means properties are still very affordable and deals are still available.

Here are the 2 articles  for your pleasure!

http://www.voiceofsandiego.org/survival/article_95b62230-5215-11df-8b82-001cc4c03286.html

http://www.voiceofsandiego.org/housing/article_49d926d6-527a-11df-9165-001cc4c03286.html

Have an awesome day and if you’re ready to buy in SD – call me!!!   Thanks

Filed Under: Current San Diego Market

$18,000 for California Buyers – Limited Window of Opportunity!

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Homebuyers in California have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits.  To take advantage of both tax credits a first-time homebuyer must enter into a purchase contract for a principal residence before May 1, 2010 and close escrow by June 30, 2010.

Buyers who are not first-time homebuyers may use the same timeframes to receive up to $16,500 in combined tax credits if they are long-time residents of their existing homes , and they purchase properties that have never been previously occupied as provided under California law. 

Of course their are rules and requirements so we suggest you see your tax accountant to make sure you do everything “by the book”. In the mean time, call me and…   Let’s go find a house

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