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The following article was published in our article directory on January 25, 2014.
Learn more about SpinDistribute Article Distribution System.
Article Category: Real Estate
Author Name: Kari Shea
Realtors can be experts in a specific San Diego new homes niche or they can be knowledgeable in different phases of real estate. Most successful real estate agents have prefered to narrow their marketing niche into a specific area and type of property. Here are the top real estate niche markets.
• New homes
People who are very particular about their San Diego new homes may like to purchase new homes instead of pre-owned ones. Others want to live in a house where there was no previous human contact for personal and emotional reasons. New homes are becoming popular among buyers because of their convenience.
• Vacation homes
A vacation house buyer is a person who does not live in the area the whole year round. The family may have visited there many times and decided to make it their place for relaxation and fun. These customers need more information regarding real estate markets and local government building laws.
Vacation homes are considered luxury investments, which is why there are fewer buyers and sellers of this type of property. The transactions can also be more relaxed since most buyers do not want too much specific details in their house. A sale can be closed in just eight months.
• Waterfront properties
Waterfront properties always have stricter guideline requirements due to the possibility of flooding and to keep the water clean. There are also limited rights in the use of the water. Contact a local realtor to understand these rights and to avoid any legal consequences. Nevertheless, waterfront properties are great investments and most people consider it a good opportunity to be close to nature.
• First time home buyers
Real estate San Diego new homes niches can include different property types and listings. One of the best niches is for first time buyers. Contrary to popular belief, first time buyers are not always young couples looking for their first home. Some buyers purchase retirement homes or family homes. These San Diego new homes customers need more information and can benefit from a slower approach. Realtors will have to show them several houses before they make a decision. They will also want to spend time asking questions and knowing more about the property as much as they can.
• Condominiums
The condominium niche market is a very popular San Diego new homes niche market in rural areas. Unmarried professionals and those who do not want to worry much about maintenance and taxes may prefer a condominium instead of a house. One reason why condominiums are very popular is because they are more affordable than typical suburban houses. Most condominiums are also situated near the business district which allows residents to be in close proximity to the industrial and commercial areas of the city (i.e. where they work). High end condominiums also have different facilities like fitness centers and parks.
• Commercial real estate
People may want to purchase a property for business. A commercial real estate is typically defined as a property that generate income. There are certain regulations and restrictions applicable to this real estate niche depending on the type of business the owner wants to establish.
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