What a funky market we are in. (The fact that I use words like “funky” just furthers my daughters’ belief that I hail from the Mesozoic Era). I know that Buyers are shopping; I see them at our open houses and I take their interest calls on our listings. What I don’t see are Buyers actually “buying” to any great extent, as sales continue to be sluggish. So, I thought it would be fun to run a little online survey of would-be buyers and those who recently took the plunge into home ownership.
If you are willing to hit the Comments link at the bottom of this post and share your brief thoughts on the market and your decision-making process, you will be automatically entered in my drawing to win a trip to Starbucks, transportation not included. (Is there no limit to my generosity, you are wondering)? Note that you are welcome to sign in with an alias to protect your anonymity. By participating, you will be providing a public service to those listing agents out there who are wondering what you are thinking… and waiting for! Here goes:
- What are your biggest considerations regarding making a purchase in this market (ie. the market, pricing, condition of the home, interest rates)?
- How do you perceive current home pricing (too high, a real steal, just right)?
- On what source(s) do you rely for market and listing information (online, from your Realtor, print ads, open houses, etc…)?
- Where do you think the San Diego housing market is heading (up, down, stable)?
- As a buyer, what is (was) your motivation for purchasing (the world is my oyster – I am in no hurry, I must move by Thursday, etc…)?
Thanks for participating. Your perception is your reality, and you are the market. We look forward to your comments, and will be announcing the winner of my exciting prize next Wednesday.
ABOUT THE AUTHOR Kris Berg is Co-Owner and Designated Broker of San Diego Castles Realty. If not-so static web sites are your thing, go here at once where you will find loads of real estate information including homes for sale, market trends, floor plans and more. Kris's hobbies include fencing and spot welding. She likes kittens. 
on 
on 
on 
{ 1 trackback }
{ 14 comments… read them below or add one }
1) price vs. how much it can rent for
2) current home pricing is way too high – but since I’m a homeowner also, I like it.
3) Realtor calendar with listings in the neighborhood;
also www. sdcia.com
4) Market is heading down; Way too many listings; not enough buyers cause interest rates too high
5) motivation – will it cash flow !
Keith,
Thanks for your entry. You are looking pretty good in the Starbucks contest so far!
My guess is that you are primarily a real estate investor (nothing gets past me), and I am going to let the website plug go this time (assuming it was a plug), but make sure your friends over at the SDCIA blog link to us. We will return the favor!
Again, thanks for chiming in.
1. Price – I can make improvements.
2. Too high.
3. Web, my Realtor.
4. Down in price, up in interest rates – A push to the buyer.
5. Will move for the right home, but don’t have to.
Thanks, Beth. 50% odds you are getting a latte on Thursday!
1. The need to own.
2. Getting very attractive.
3. MLS.
4. Close to stability.
5. See Answer #1
Please make mine a white chocolate mocha (non-fat, no whip).
It’s funky, but chic!
I was going to link to some lyrics to that song so your daughter could catch up, but I’m not finding any.
Oh dang, I could have won a trip to Starbucks. It pays to read the whole message. Well never mind — save it for a potential client. Don’t be giving it to an out of town colleague.
1) My biggest consideration in this market would be “Do I need a new / different house”?
2) Prices are awful from the point of view of first time buyers especially. On the other hand, what SHOULD prices be? As a Realtor(r), I always go by the comps.
3) The MLS, or, for San Diego, Kris Berg.
4) The San Diego market is likely to adjust downward, from what I see in other markets in California. The interesting thing is always how much and when.
5) Well, right now I’m not in the market for anything, so I suppose my motivation at this point might be described as something between “Lookie-Lou” and “hey, this guy can’t even fog a mirror.”
Hi, John. Thanks for stopping by. There is nothing in the “rules” that says a Realtor can’t win, so your entry is still good. “Shreve”, on the other hand, is going to have to buy his own coffee. (Nice try, Steve).
Hello Kris:
1. My biggest concideration would be price for value.
2. I believe the market is still a bit high, even for paradise!
3. The fabulous Bergs
4. I think that there still may be a slight trend downward
5. The motivating fact for me, at this time, is a need to downsize & most importantly getting out of the “Redneck Riviera”.
I am so busted!! But Kris, you never said I couldn’t submit a comment. You should think through the rules more carefully next time. You are a lawsuit waiting to happen. Rich: The “Redneck Riviera??
love the blog. Question for you guys. The San Diego housing inventory is in the 23,000 range. This is a historic record for resale homes in SD. But Leslie Apple-Young was just recently quoted in the Union Tribune saying the housing inventory in San Diego has returned to “normal”. Why did she say that? I can’t seem to understand how “record high inventory” is “normal”. Can you guys help me out here?
Hi, Jack. First of all, sorry for the delay in posting your comment. First-time posters are moderated once (to protect us all from Spam). Now that we have deemed you appropriate, your future comments will show up real time.
By the way, I am very impressed with the 12:36 am time stamp.
I think your question is worthy of a new thread, so check back in an hour or so and I will give you my 2 cents. I am sure that Steve will want to respond as well, since he will UNDOUBTEDLY have a somewhat different spin (and likes having the last word).
Welcome to the Blog.
Kris…I think you just took over the most commented blog to date. very nice.
Unfortunately, I had to offer free coffee to achieve this status.