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San Diego Real Estate

Paul Caparas

I always get asked "why is the inventory of homes for sale in San Diego really low?". Well actually there are many reasons why and here they are. Interest rates are amazingly low so many buyers want to take avantage of it Many of Cash investors on buying as well Short Sales and Foreclosures listings are going down Homeowners are waiting for the prices to go up before putting their home With the inventory being down about 50% from the same time last year, it makes it tough being a buyer. Now w... Read Full Post

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Paul Caparas

Not for sale anymore. Doverhill Road 4 Bedrooms 2.5 Bathrooms 1,913 Sqft. Built in 1997 Here is a quick blog of a great BANK OWNED opportunity in Scripps Ranch. This home offers 4 Bedrooms 2.5 Baths and 1,913 Sqft. Both living room and family room has 18' high ceilings with many window to let the sunshine in! The kitchen and dining have recessed lighting and these is a pool and spa in the backyard. All this for only $600,000! For more information or if you would like to see the home, let me k... Read Full Post

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Paul Caparas

Multiple Offers!!! If you are a buyer wanting to get in a Bank Owned Foreclosure in San Diego, you better be prepared by being Pre Approved and ready to make a strong offer. These Bank Owned properties are selling fast and the number of offers on the table are amazing. For example, last month I took out one my buyers to see a Bank Owned Foreclosure in Mira Mesa which was only on the market for 6 days and they had 22 offers on the table. Not only that, a week later another property in Mira Mes... Read Full Post

by 0 Comments 1,151 Views
Paul Caparas

Being a Realtor going through the ups and downs of San Diego Real Estate market has been interesting. When I first started my Real Estate career in 2003, I can put a house on the market and literally get 10 offers in 7 days. And when I was working with buyers, we were offering $20,000 over the asking price and not get the property. It was amazing. Wow! how times have changed. I've been doing some research on how long it takes to sell a property and I'm getting about 75 days on the market. In ... Read Full Post

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