Buying a San Diego Condo? The time is now!

April 18th, 2012

For those who want to purchase their own San Diego condos, either as their residence or as a means to create income, things are getting brighter these days. For one thing, mortgage rates are currently at its lowest in years, making condo properties more affordable to buy and own. However, people who are interested to buy San Diego condos might also be cautious about securing mortgage with low rates. San Diego lenders have strict loan requirements. These days, as long as borrowers have good credit scores and a permanent job, can actually result to have an attractive mortgage rate.

These days, there has been a major shift prevailing in the condo market trending in favor of buyers of San Diego condos. Most condominium properties in California are becoming more affordable with its low payments and installments. Condo owners are able to enjoy a lot more from their hard-earned money – wider, better-furnished condominiums for many, or even smaller amounts of payment for customers who are only willing to make moderate purchases.

When buying a San Diego condo for a family or to consider the property as a lucrative investment, caution is obviously advised. For would-be investors, the popular practice nowadays of flipping a condominium property must be done with much consideration, great attention, and some savvy as well. The current market might not be the perfect time for anyone to earn profits via a fast turnaround.

At any given time, real estate and condo investments are considered to be profitable endeavors. However, even during these good times, it is a must that people remember to do their homework. Potential buyers must take the time to hire a property agent. Certainly, purchasing a condo is one of the most important decisions that consumers can do in their lifetime.

Local condominium agents with years of experience targeted markets such as Downtown San Diego condos will be able to show buyers important comparisons. The best ones usually have an inside scoop on which properties have the most attractive, low prices to offer to prospective buyers. Indeed, when rates are at their all-time low and prices of condos have reached almost rock bottom, now is definitely the best time to buy.

The Latest Headlines

The Legend San Diego Market Updates

The Legend – Market Updates The Legend offers a lifestyle like no other in downtown San Diego. Spacious interiors, city and ballpark views, and contemporary features and finishes accent the quality and......

read more

Meridian San Diego Market Updates

Meridian – Market Updates The Meridian is a luxury residential condominium development that offers panoramic city, bay, and ocean views. Amenities at Meridian include 24-hour security, men’s and women’s health clubs, guest......

read more

Downtown San Diego March 2013 Events

March 1-3 Spring Home and Garden Show Held at the Del Mar Fairgrounds, San Diego’s Spring Home/Garden Show gives you the opportunity to meet and question the 20 Garden Masters and explore......

read more

Downtown San Diego July 2014 Events

San Diego County Fair Through July 6 The Fab Fair is celebrating the 50th anniversary of The Beatles’ first visit to the United States, sparking the British Invasion in music and pop......

read more

Downtown San Diego June 2013 Events

June 1st San Diego Century Bike Tour Choose between one of the three grueling courses: 37-mile, 66-mile, or 103-mile. The event starts and finishes at Mira Costa College in Encinitas. 6 a.m.......

read more

Aloft San Diego Market Updates

Aloft – Market Updates Aloft condos are perched high atop Cortez Hill on Date Street between 9th and 10th Avenues. The development is comprised of 168 loft units and is located just......

read more

Solara Lofts San Diego Market Updates

Solara Lofts – Market Updates Solara Lofts have many unique loft spaces with custom bedroom designs using frosted glass track door systems. Solara loft kitchens include Vilchis Cabinets, granite counters and many......

read more

Discovery San Diego Market Updates

Discovery – Market Updates Discovery is located on Beech Street between Eighth and Ninth Avenues. One block from the former El Cortez Hotel, this community was architecturally designed to compliment the historic......

read more

Union Square San Diego Market Updates

Union Square – Market Updates In the East Village between Broadway Avenue, C Street and 14th and 15th Avenues is Union Square, a mixed-use development featuring 262 condominiums located in three buildings.......

read more

Park Blvd East/West San Diego Market Updates

Park Blvd East – Market Updates Park Boulevard East, located on the southeast corner of Park Boulevard and Island Avenue, features a great location in the center of the East Village and......

read more

Get Listings and Articles Delivered Straight to your inbox

  • This field is for validation purposes and should be left unchanged.