I just found this website a few days ago and found this quite facinating. I am from Toronto, but I have been to San diego may times. I was considering buying a house here in San Diego in 2000 but at that time the exchange rate were 1.55 cdn to 1 us for me to buy a home here for 700k and decided against it. After many years of regret, I came back last year and waiting for the market correction with cdn dollar 1.03 cnd to 1 usd. This is the first time in 50 years I believe. This makes it affordable for me to buy.
I have been looking at Zip Realty website for months and have been actively following the news and market. I had several calls from a San Diego Agent yesterday from San Diego from Zip Realty. He’s telling me that some of the market in San Diego is still appreciating in price and it’s a fantastic opportunity to buy now because the market have been corrected. He said San Diego is still hot, I should make my purchase now before the price goes up.
He told me that I should not listen to the news, it’s crap and this blog here… people do not know what they are talking about. (I found you all very insightfull and appreciate the information shared here very much since I am not local. This gives me a lot insight into the market. Thank you.). This makes me wonder.? If the market is so hot, why would he even bother to call me long distance to convince me? Shouldn’t he be swamp with buyers dying to get into this HOT market? He told me 1 million dollars doesn’t buy much now a day as it used to. This is the kind of agent that creates the housing bubble, subprime mortgage, an irreponsible agent that we are talking here that only look out to the number one man (himself and his commission). I am Canadian, it does not equal to stupid! I feel insulted and angry. I have been looking at the Zip Realty website and found that most housing price has not really corrected, a lot of people purchase their houses in 2005 and 2006 are at the height of the market and are still listing for a 100k+ profit. I mentioned this to the agent and he got angry with me and said I should not based my assumption on something that I don’t know. Infact, Zip Realty website listed the purchased price and the purchased date that’s how I know, thus, made that assumption. I am suppose to do listen to this agent who is suppose to work for me! Help! Any insight? Can anyone help direct me to someone more reliable and advise me on what area in San Diego is best for my investment? I am looking for a home!
My husband wants to buy a home in Irvine, Tustin, or Orange, but I like San Diego. Where would you buy???
