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San Diego Deemed Undervalued!

By in September 2008 with 0 Comments

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San Diego Deemed Undervalued!In today’s Union Tribune the article states that three years ago, San Diego was one of the most overvalued markets by 39%. Three years later, with the distressed property market on the rise, San Diego is now considered one of these most undervalued markets in the nation. A market is deemed undervalued when it falls 15% below what is considered fair value. If this isn’t a buyer’s market I don’t know what is.