Get a No Obligation Cash Offer Today: Winter 2021 Update

How Does it Work? 

1. Complete the easy form. 

2. We'll contact you for a few details... 

3. We'll make a no obligation offer. 

4. If you accept we open escrow and close on your timeline.

Remember we buy as is. Inspections will be minimal. We cover all closing costs and any repairs.

 

Why Work with GregBuysHomes?

1. We are a local family business (based in San Diego). Not a big franchise or corporation. We offer friendly local personal service.

2. We'll be transparent. If a win-win deal isn't possible we'll tell you that right away. 

3. We communicate. It's never hard to reach us by email, phone, or text. We don't use answering services or 3rd parties.

 

Selling an Abandoned House: And why you should

One of the things we do here at GregBuysHomes is track code violations and abandoned properties. We see an average about 1 new one new "abandon" per week. The City of San Diego takes reports from anyone who wants to report them. 

Here's a typical citizen input:

Online - SMR"abandoned house where people have broken in and living in it, a lot of trash on the property including drug paraphernalia. fires have been caused around this property, a big health issue. over grown trees."

And here's one example of what these sometimes look like (courtesy of Google Maps)

If you own one of these and you'd like to get it off your hands before the city comes after you with fines give us a call. I know some owners see the rising property values and "bank" these figuring they'll get to it someday. In my mind that's just procrastination. Every year you hold on the deferred maintenance as well as potential liability increases.

Fix it and sell it if you have the time, budget and patience.

Or if not give us a call.

 

Get a No Obligation Cash Offer Today

How Does it Work? 

1. Complete the easy form. 

2. We'll contact you for a few details... 

3. We'll make a no obligation offer. 

4. If you accept we open escrow and close on your timeline.

Remember we buy as is. Inspections will be minimal. We cover all closing costs and any repairs.

 

Why Work with GregBuysHomes?

1. We are a local family business (based in San Diego). Not a big franchise or corporation. We offer friendly local personal service.

2. We'll be transparent. If a win-win deal isn't possible we'll tell you that right away. 

3. We communicate. It's never hard to reach us by email, phone, or text. We don't use answering services or 3rd parties.

 

Have San Diego Real Estate Prices Peaked?

 On May 25th  I received an email alert from Redfin with a new listing in Clairemont (92117). This was a 4 br house selling for a $1.089M!

Sure it's over 2000 sq ft and obviously completely updated. But I know this neighborhood and that price for this particular street seems like a stretch. This feels like Silicon Valley: too much money chasing too few houses.

$1.089M seems like a lot for this house in 92117.

This was my own personal indication that we might be "pushing the limit" of what new home buyers are willing to pay. (Redfin estimates the mortgage at $4731).

I admit I'm an amateur market watcher - and not an economist. Perhaps there is more money flooding in from outside San Diego than I realize.

But 14 days later the listing is still active. Not pending. And I suspect they don't have multiple offers over asking. 

My prediction: a price reduction is coming.

Stay tuned.