It's the beginning of Summer 2011 and the Real Estate Market in San Diego County is very active. 

 Activity however does not mean that the "Bottom" is near.  Real Estate prices are expected to continue downward for some time.  However the mortgage rate is expected to increase during this time.  Looking at monthly payments, now may be the best time to purchase.  An increase of one percentage point in interest is equivalent to about 17 percent reduction in price to keep the same payment.  The best deals are often in the Summer months when inventory increases.  Conventional, FHA, and VA mortgages are available to buyers with good credit.

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