Top 10 Cities Leading the Housing Recovery in the United States

San Diego ranks #9 in the US as cities leading the housing recovery.  Anyone who has attempted to purchase a home over the last 12 months in San Diego knows that competition is fierce.  One of the biggest obstacles first time buyer’s face in San Diego’s housing market is the huge number and strength of investors who offer “cash” for well priced homes.  VA and FHA buyers are routinely beat out by investors making it necessary for them to bid top dollar just to be able to compete, thus driving prices up.   High demand, lack of inventory, even investors bidding against investors are all factors which have contributed to San Diego’s housing market turnaround.   The chart below,  provided by the California Association Realtors, illustrates other cities where the housing market has rebounded with zest.  Six out of the 10 top cities are in California.  What’s the old saying, as California goes so does the nation?  For all my fellow San Diego home owners out there, congratulations on owing one of the best pieces of the real estate pie.  My advice- try to grab some more as San Diego’s real estate market remains one of the top places in the US to invest!

San Diego Ranks in the Top 10 Cities leading the Real Estate Recovery

San Diego Ranks in the Top 10 Cities leading the Real Estate Recovery

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