Debt Consolidation Loans For Bad Credit In UK Debt Consolidation Loans For Bad Credit In UK

Find out more on Debt Consolidation Loans For Bad Credit In UK Now!

Thursday, January 29, 2009

Time to buy San Diego Condominiums

By A. Kim

For those who are looking for single family homes in San Diego, today is perfect time to purchase one. For the last couple of years the prices have appreciating which priced out many of the average income families, but now is perfect time since many of these have come down in prices.

A national real estate portal, Zillow.com says that the value of real estate have fallen over 17.9 percent in San Diego county since same time last year. San Diego condominiums have fallen 28.3 percent since last year with over 52.5 percent of the homes selling for less than the purchase price.

The average selling price of single family home in greater San Diego area was $423,000, while the average selling price of San Diego condominiums have been at about $287,000. But in La Jolla, one of the highest pricing markets in the US, the prices have only declined 12 percent. For those who want to invest or purchase home this housing market is perfect time to invest or buy.

Even with tax credits of $7,500 for first time home buyers, financing has been scarce and difficult with the credit crunch, but if you have some cash and good credit, the opportunities are bountiful. The downtown San Diego condominiums market has been steady with lots of interest.

Less upkeep and convenience factor makes the condominiums better place to live than a single family homes. You do not have to mow the lawn or make repairs or remodel the property. It is also perfect for single family with or without children. But the cost of association fee and repair fees can be significant you can enjoy a worry free living.

San Diego is great place to live, work, and raise a family. It has good warm weather for much of the year. If the prices have kept you from owning a home, right now there is great opportunities for you to check our a home options in San Diego California.

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home