Downtown San Diego Condos: What Are The Investors Thinking?

During down real estate markets, the first group that senses the market is going to get better are investors.  We have noticed that San Diego real estate market investors are appearing at foreclosure sales.  These are the investors who have been sitting on the sidelines and they are starting to purchase  properties for all cash, fixing them up, and starting to resell.  This is an activity for the expert investor, but it has begun.  I came across this article in Property Wire, which is an international property website.  Investors are starting to pick up activity in many parts of the world, although they seem to be waiting for the United States to kick off a real recovery.  Take a glance at this article about Wealthy Real Estate Investors Ready to Buy in 2010 As They See Rock Bottom Prices.

 

Watching investors will tend to give us an idea of where they think the market is headed.  Things are still soft.  Sellers are not going to get as much as they want, but they will obtain what the property is worth.  Don't sit on the sidelines if you think 2010 is the year for you to purchase.  It's like sitting on a bus bench and then napping as the bus goes by.  Don't miss the bus.

This  is a series of articles by Sharyn and Victoria Crown, Downtown San Diego real estate agents.   Visit on our San Diego Crowns Real Estate Facebook page.