65 San Diego Distressed Housing Projects Found for Investors
San Diego, California May, 2008 As Southern California rides the storm of the new home market crisis, MarketPointe Realty Advisors, Inc. analysts went back to January of 2006 to identify projects whose initiative to complete their original plan didn’t come to fruition. In San Diego County, 65 projects were identified as incomplete, with a total of 4,588 units, providing potential investment opportunities for new investors. “Although some developers may not want to have their distressed projects listed, by identifying the projects on the open investment market, it may provide them with an exit strategy, facilitating recovery”, remarked Russ Valone, President, MarketPointe Realty Advisors, Inc.
Research analysts at MarketPointe Realty Advisors, Inc. a San Diego market research firm who has been tracking the new home market throughout Southern California for three decades, painstakingly went through nine quarters of new home statistics within its ResidentialTrends and LandTracker publications, in 10 Southern California regions, to identify all Off-Market projects dating back to January of 2006.
A 193 project report is now available through MarketPointe Realty Advisors, Inc. in which each project is detailed. The report also includes a 35 page Southern California 2007 Annual Housing Market Report, providing housing statistics for each region, with trending data for the last few years. For more information, contact one of the offices, San Diego 619-233-3781, or Orange County 714-528-2554. Website www.marketpointe.com
MarketPointe Realty Advisors provides new housing market statistics throughout California via its ResidentialTrends new-home database and its LandTracker proposed development database, as well as site specific, tailored housing market research, feasibility studies, commercial and residential market analysis, consulting services, and litigation support.
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- Russ Valone
- MarketPointe Realty Advisors
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