This is absolutely accurate; whether it's a very high-end home on the beach in La Jolla, or a modest condo somewhere else in San Diego county, buyer's expect a lot, and sellers who are unrealistic about the market's exceptions pay the price.
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I've been hearing lately from homeowners who are preparing to list their homes for sale. They know the market isn't great, but they've been waiting for a year or two to move on with their lives (this is known in the industry as "pent-up demand") and have decided to go for it.
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