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Downtown San Diego real estate, homes and condos for sale in California - Ruth Mills & the Mills Team, REALTOR.






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November 03, 2010

Election November 2010
Despite what all the news pundits and analysts will tell us about the meaning of the elections of November 2010, the only thing I know after taking exit after exit poll is: The Political ads are gone for another couple of years. Not to make light of our political process, but come on, even my football game was interrupted so somebody else could tell me how to think. All I want to have is the freedom to have a few minutes non-contentious TV or Radio, or a day without having to fill the recycle bin with political mail. Hopefully we will still be able to go to a favorite web site without an ad in the future. Well it is over and after exit polls throughout San Diego County, it seems people are very happy with that electoral outcome for November 2010, by that I mean no more political ads for a while.

Seriously, the impact of this election on the La Jolla, University City and UTC real estate will only be known in the future. While overall the San Diego area markets are healthy when compared to many other areas - the loosening of money into the mortgage market could help. We won't know what the new congress may do with regulation and how that will impact the major lenders for a while. In the mean time there are still great bargains and a fairly active market, it is a time, if you can, to take advantage of the great selection and the remarkable low interest rates.

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