Some good news……Ryan Ratcliff of the UCLA Anderson Forecast advises that if any area is headed for recovery it is San Diego’s. San Diego was one of the first areas to experience a downturn, should be the first to recover as well.
Here is a link to the article from SignOnSanDiego.com - Housing Market Blues
Seven properties went into escrow in October.
For Coachella Valley
Multi-family properties have been the hardest hit segment in the desert area for number of sales during the current real estate downturn.
I am always frustrated how the media and other trade groups use statistical data to prove the point they want to make, thus I like to do my own statistical research.
It can be very profitable purchasing bank owned properties in the current real estate market.
Some of the most outrageous episodes in property ownership that the owners lived to tell about.
Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
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