downtown-san-diego-real-estate-market-analysis/san-diego-deemed-undervalued/256/
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.