Are there really more distressed properties rearing their ugly heads?

   Are There Really More Distressed

 

Properties Rearing Their Ugly Heads?

 

 

Is it my imagination or are there really more distressed properties rearing their ugly heads once again in the San Diego market?

Could it possibly be time once again to start reving up the short sale and foreclosure fix and flip and buy and hold engine again?

 

I've been noticing some price reductions and a faint increase in foreclosure and short sale activity lately. In fact I've just bid on two of them and I'm about ready to bid on a couple more.

 

But yet to hear most RE professionals talk you'd think we're still in a sellers market buying frenzy. Kinda reminds me of the ole Mike Ferry Days whence when someone asked a RE Pro how biz was they would always reply 

 

F A N T A S T I C!!!

 

Isn't time to start really leveling the playing field?

Why To Choose Us?

John DL Arenden, Broker 

TAG Real Estate Sales & Investments

TAG (The Arendsen Group) Real Estate Sales & Investments is a full service, one-stop, turnkey, family owned and operated real estate brokerage, General Contractor, Manufactured Home Contractor, Developer, Investor, Property Manager, Interior Design, Engineering, architectural, Landscape design, Expert Witness, Consulting, Curative Title and Troubleshooting company with over 100 years of combined experience in the San Diego real estate sales, construction, design & development arena.

 

 

 

 

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Comment balloon 4 commentsJohn DL Arendsen • November 25 2015 05:12PM

Comments

I hope San Diego is on the brink of enduring another round of distressed properties.  I don't know what the cause of that would be.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) about 3 years ago

Myrl Jeffcoat I have a feeling that the buyers pool is peaking somewhat. At least in the North County Coastal areas i.e. Oceanside, Vista, San Marcos and even in less likely areas i.e. La Costa and Encinitas. Just do a search for foreclosures in those areas and you'd be surprised. At least I was.

Posted by John DL Arendsen, Crest Backyard Homes "ADU" dealer & Contractor (CREST BACKYARD HOMES, ON THE LEVEL GENERAL & FACTORY BUILT HOME CONTRACTOR, TAG REAL ESTATE SALES & INVESTMENTS) about 3 years ago

Sometimes you do have to look at a distressed property as an opportunity for change and growth.

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) almost 3 years ago

Yes I agree that the pool is getting crowded. This is an opportunity to we strategize and re-tool for us all.

Posted by Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher (Feng Shui Manhattan Long Island) almost 3 years ago

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