San Diego Real Estate Market 2011 Forecast

Dec. 26, 2010 - PRLog -- San Diego Real Estate 2011 - The Year of The Short Sale

One of the few real estate pros to call the housing bust back in 2005, Bob Schwartz with Brokerforyou.com has just released his forecast for the San Diego real estate market in 2011.

Mr. Schwartz his opinion about why he foresees another year of San Diego home value erosion. The only bright spot in 2010, was the Federal and California state home buyer credits that artificially created and temporally created a modest home value, short lived average price up-tick.

Some of the reason's Mr. Schwartz sees continued trouble ahead in 2011, are the attitudes formed toward homeownership by first time buyers, the impact of California's own Cap & Tax energy program, past overbuilding of high end homes based on false loan qualification practices, and the large amount of foreclosures banks still have to process.

* Read the full article at:
http://www.brokerforyou.com/brokerforyou/san-diego-real-estate-market-2011-outlook-forecast-news.html

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About: Bob Schwartz - Brokerforyou.com
Bob Schwartz is a Certified Residential Specialist, real estate broker specializing in San Diego real estate. Bob's popular blog: http://www.brokerforyou.com/brokerforyou