Investing In San Clemente Ca Real Estate

By: Gen Wright

If you are among the many, who have been wanting to invest in the San Clemente, Calif., real estate market, then there may not be a better time than the present. While some would prefer to wait until prices are at absolute rock bottom, the harsh reality is that predicting "rock bottom" is difficult in the 21st Century real estate market. While some are reporting that the "new norm" for unemployment is 9%, and that can certainly affect home sales and home pricing, real estate is a cyclical market, and it usually comes back to prominence following extended downturns such as the one the US is currently experiencing.

Recent months in the San Clemente region have seen inventory start to dissipate. That means more people are buying, and less homes are on the market, an indication that pricing may have finally "bottomed." Supply and demand dictates pricing in the real estate market wherever you go. As these factors fluctuate, so, too, can prices. Of the 9 available areas within the San Clemente region, realtors and agents are starting to see unheard of low prices for the quality and location of home. To determine which home you want to live in, you must first decide what is important to you with regards to location. Do you like instant beachside access, or are you more about overlooking views? The areas within San Clemente offer the best of both worlds and the chance to find the home of your dreams in the location of your dreams.

Once you have determined what it is you want from the location, you need to start thinking about home features and square footage. Observe what the price per square foot tagged on the home is, and then compare to other new homes and older homes in the region. Work with your realtor to determine a reasonable offer that will be of serious consideration to the seller. Also, see if there are any buying advantages available, such as short sale home listings. Being able to "rescue" a homeowner from foreclosure can allow you to get into a home at a much cheaper rate than you otherwise would. But for this to be effective, it is important that you act fast.

Acting fast requires the expertise of an experienced agent familiar with the San Clemente region. Scratch that. It requires the expertise of an experienced agent, who knows all 9 areas inside and out. Timing is of the utmost importance to capturing one of these bargain homes, and in order for time to be on your side, you need to know which homes are at risk of becoming short sales so that you can make an offer within minutes. That will give you the competitive advantage over other buyers. Also keep in mind that real estate agents only send in one offer to the bank on a short sale so acting quickly can secure your spot with the bank. Make sure your offer is clean and don't ask for a lot of extra items from the seller. You want to get the seller excited about your offer so they will accept it and send it to the bank for the short sale approval. Buying a home in San Clemente can be a fun venture if you understand the process and have a professional real estate agent on your side.

Article Directory:

| More

Check out the latest San Clemente CA Real Estate For Sale. There are also many San Clemente Homes For Sale.

Please Rate this Article


Not yet Rated

Click the XML Icon Above to Receive Home and Garden Articles Articles Via RSS!

Powered by Article Dashboard