Fifth Week of November 2012’s Listings Data Report of Coronado 92118
November 28, 2012 – Real Estate Market Data for Coronado, CA provided by Alan Harris of Keller Williams Metro San Diego.
Housing Market News of Coronado, San Diego
This month finished with a 6 year low in Mortgage Defaults. According to the Housing Market News of Coronado, San Diego, from October’s 958 new filings, there is a 9% decrease from September as well as 50% decline during the same time last year. Notices of defaults are the first formal filing against a homeowner that begins the foreclosure process.
Although the movement of Real Estate in Coronado is not as active as that of other San Diego Neighborhoods, it’s still evident that there has been a high buyer demand for Homes for Sale in Coronado this year. This is brought about by many home buyers grabbing the opportunity produced by low home prices and historic low interest rates. If you are a serious buyer, bear in mind that this chance have an expiration. Minor adjustments may greatly influence a Home Buyer’s purchase with higher payments or lower approval level.
Summary of the Coronado, CA Real Estate Market Data
The Housing Market News of Coronado, San Diego is showing that the recent numbers of Coronado Properties for Sale is at 12. Despite this small rise from last week, there is still a significant quantity of Real Estate in the inventory, which is at 151. For ones that are under contract, we have 26 Pending and 6 Contingent listings. To get more Real Estate statistics and reports, check out the Keller Williams Market Insider of 92118 Coronado.
Search Real Estate for Sale in Coronado, San Diego
If you are planning to buy a new Home for Sale in the 92118 Coronado area, then you should first check our up-to-date listings at SanDiegoBestHouses.com. Our site offers the option activating a daily alert so you’ll get the listings that you prefer straight to your inbox.
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