San Diego Short Sales Statistics
In the current economic climate, the san diego real estate market remains a valuable and vibrant market for those who are able and willing to invest. The market is full of readily available houses at very low prices. As a buyer, you will find very many houses in good condition that are selling at a fraction of their initial prices. The recent foreclosures experienced in this part of the country have left many of the houses available. With the current economic situation, if you have a great credit rating you can buy any of these houses at very affordable prices. The busting of the housing bubble has definitely caused a considerable amount of damage, but the end result of this is process is that property prices are lower even in beautiful locations like San Diego.
There are numerous reasons to purchase a house. First of all, investing in a home is a great thing for your family. It brings unity as they get to unite during the holidays and other special events and celebrate together. What better place for the kids to grow up, and eventually come visit than Southern California. What could possible be a better location than Southern California, for children to grow up in and to visit once they have become adults and moved away There is definitely a fair amount of talk about how hard it can be to reside in Los Angeles, however, most people know that this location is unbeatable.
With the foreclosure rate at the levels it is currently at, there are homes available at prices you simply will not believe. The reason for the many foreclosures is that these homes had been valued at artificially high prices compared to their value. The current prices however represent a more realistic picture of their value. When you know what you are looking for, you will easily find the right deal for yourself when you check the listings.
Even condos and houses that are located on the beach are now for sale at prices that are much lower than those of several years ago. If you have a dream of owning a house near the beach, then this is the right time to make it come true. You can even find properties right on the beach. Never before have there been so many opportunities to buy at such affordable prices. You can take that step from renting into home ownership and often times pay a lower monthly rate.
For investment properties, San Diego has always been a good investment. The climate is an attraction that brings individuals from across the globe to get a taste of genuine California living. Once they arrive, these individuals rapidly immerse themselves in the diverse culture and living of southern California. Leisure activities range from beach strolls and golfing to swimming and aqua sports. Those who live here golf, swim, stroll the beach and engage in numerous aquatic sports. Few people are ever really at a loss for things to do.
If you are seriously considering buying a home, then this is a good opportunity for you. There are very many types of homes that you can choose from. If you are also looking for an office building or any other property investment, then take a look at the san diego real estate market.