What is in store for 2009?
So far so good... The buyers seem to be coming back out after the Holiday break and we are looking forward to a better 2009! Coronado Real Estate is still an incredibly safe long term investment with some great short term benefits! Where else can you tuck some money and have a place to stay near one of America's best beaches? Oh yea, the weather ain't so bad either!
I will include three links from this blog that point at some of the statistics for Coronado Real Estate. One article by Alan Nevin is about the general state of San Diego County's economy. Great article by one of San Diego's leading economic voices. Click here for his article from the San Diego Metropolitan Magazine.
The second article is from Premier Magazine and highlights the Coronado and Downtown San Diego Real Estate markets. Click here for that link.
Finally, the Union Tribune posted it's statistics by zip code for all of San Diego County comparing 2007 to 2008. 92118 has some very strong numbers compared to the rest of the county. Click here for the link.
As I have always said, it is simple to understand why Coronado continues to prosper. An incredible community with incredible people and some pretty sweet weather. Limited supply and ever-increasing demand.
People often ask us about the market here, and although it is not as strong as it was a few years ago, people still really want to live here. I have told numerous clients that I won't start to worry until people stop wanting to live here! I don't see that coming anytime soon. Enjoy 2009!