So, the first quarter of 2008 is over and things are still relatively slow in the San Diego real estate market. I came across the San Diego Market Monitor where some 2008 predictions have been posted. Here are more predictions from a San Diego real estate broker.
My gut feeling is that interest rates are going to decrease as we head into the middle part of 2008. I don’t have any scientific analysis or data to support this hypothesis - again, it’s just a gut feeling. Perhaps all this talk about a recession will spur some rate cuts.
Here is a video of Robert T. Boyer of San Diego’s Finest Real Estate talking about the housing market, loan rates, and his own predictions for this year. Dr. Boyer says that the 5 things to look out for are:
Browsing through the latest San Diego Special Edition, I came across Dan Melson’s San Diego and Real Estate Mortgage Website. While everyone else is talking about the doom and gloom state that they’re experiencing when it comes to selling their home, Dan Melson tells a different story about his clients.
As someone who believes that “thoughts become things” (If you’ve watched the movie, The Secret, you know what I’m talking about), I believe in this concept of The Law of Attraction. When you’ve stirred up enough energy around a certain event, you attract the same energy to it. In the case of the real estate market in San Diego, many people think that we’re in this slow market. That’s they’re reality.

So if you’re one of these sellers who thinks that it will take months to sell your property, chances are, that’s what is going to happen. It’s a self-fulfilling prophecy. On the other hand, if you keep a positive attitude and believe that you’re house will sell quickly, you’ll find yourself attracting buyers who seem to just come out of the word work to hand you an offer over and above your asking price.
The thing is, many of us listen to the news and read all these articles that spew negative thoughts and beliefs. If you hear it often enough you begin to think it’s true. I’ve even found myself caught up in the illusion.
Bottom line is, you CAN and WILL sell your home if you just simply BELIEVE!
