I would like to welcome you to our blog. I say our blog because I plan to have many people who contribute to the blog as well as feedback from our readers. My name is Mark Kunce and I have been involved in Real Estate in one way or another most of my life . I am currently an agent with Keller Williams San Diego Metro in Hillcrest. Our offices are located just above the Landmark Theatres in the Uptown Complex. Stop by and see us sometime. I have spent the past four years mainly dealing with distressed properties; bank or investor owned properties known as REOs (Real Estate Owned), short sales, investment properties and investors. I am also a real estate investor.

In this blog we will focus on what I consider the Heart of San Diego which is the Hillcrest, Mission Hills, Bankers Hill, Downtown, University Heights, Normal Heights and North Park areas. In order to do this we will look at these areas in relation to national, statewide, regional, county and city market trends and conditions.

Many people are experiencing personal negative impact as a result of an economy in turmoil. Many people look at this as a time of hardship and despair.  However, I see it as one of the greatest opportunities in Real Estate investment there has ever been. It is a time when through short sale or foreclosure many will find themselves in a rebuilding period hopefully with the opportunity to start again, to start over in a real estate environment which makes more since than it has for many years. It will take time and effort but over the next few years there will be many opportunities emerge for everyone.  Real Estate investors over the next three to five years are going to be able to take advantage of these opportunities like no time in the past 75 years.

I believe every real estate transaction should be thought of and analyzed as an investment. Whether it is a loft, condo, single family home, multiple unit complex, a warehouse-whatever it should be considered an investment. I often have people say to me “But, Mark, this is our home. We live here that’s different.” No it is not! It is property, real property, real estate. It is an investment and you have to treat it as an investment. We will discuss this more in depth next time as well as why the next three to five years are going to be the best time in our lifetime to invest in Real Estate. See you soon.