Column: Favorable Homebuying Shift Will Take Time
Sunday, June 17, 2012
U-T San Diego -- In Thursday’s edition of U-T San Diego, one headline should have caught the attention of those who are even remotely interested in buying or selling a home: “Single-Family Home Resales at 7-Year High.” Headlines like these raise the question whether San Diego’s for-sale housing market is at a turning point.
After several years of being a buyer’s market, with buyers having the strong negotiating position, are we now witnessing a shift toward a seller’s market, where those selling houses will have the upper hand? (Full Story)