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Real Estate Market Decline “Double Dip” in San Diego, CA?

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In recent months since the home buyer tax credit, the market value in San Diego, CA has increased. However, since the tax credit has gone away and now heading into the end of summer, I am feeling like market demand is decreasing. When looking at the current inventory of homes in San Diego, I am seeing a steady increase. From my experience and using simple economics, the trends are leading us to another “double dip” in San Diego. Now, whether or not we want to admit this might be the our fait is up to you.

How is your market doing?

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