I think everyone here will get a laugh out of this one though its really quite tragic that advice like this is floating around…this is from ZIP Realty on their outlook for the San Diego Real Estate market submited to RealtyTimes.
Zip Realty advises, “If you are a buyer thinking of purchasing, don’t wait. There is no bubble, it doesn’t exist, so it cannot burst. There is no time like the present. Get in now and pick up that equity for your future. You don’t have money to put down or pay for closing cost, don’t worry. With $0 down financing and the seller paying your closing costs, it is extremely easy to purchase a home. If you’re a seller, you have picked up a great deal of equity. Is it time for you to also make a move? There is a buyer out there that would love your home, and is willing to pay a high market value for it.”
Published: August 16, 2005
Personally, I’m looking to move back to San Diego, but I’m going to wait until some ugliness comes in the market.