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

Hawthorn Place San Diego Market Updates

Hawthorn Place – Market Updates Hawthorn Place is located on the corner of Hawthorn and India Streets in Little Italy. Hawthorn Place stands at the heart of an ideal lifestyle that combines......

read more

Aperture San Diego Market Updates

Aperture – Market Updates April 2015 Aperture Market Update View the Aperture Market Update February 2015 Aperture Market Update View the Aperture Market Update December 2014 Aperture Market Update View the Aperture......

read more

Downtown San Diego May 2014 Events

Barrio Logan Grand Prix Health Fair May 3 This health fair offers FREE screenings for cholesterol, blood pressure, and diabetes; plus vision, dental, and pregnancy testing. There’s music, refreshments, a jumper for......

read more

5 Telltale Signs of a Bad Townhouse 

Even brand-new homes aren’t always flawless. You may discover small issues while the house is still under construction or after you’ve moved in, like paint stains where they shouldn’t or uneven tile......

read more

Electra San Diego Market Updates

Electra – Market Updates Electra is Downtown San Diego’s tallest residential tower. Standing 43 stories tall, Electra is an easy building to spot in the Columbia District on the corner of Kettner......

read more

Doma San Diego Market Updates

Doma – Market Updates Doma consists of two distinct buildings in historic Little Italy, and is bounded by Kettner Boulevard and Fir, Date and California streets. The architecture, as seen in the......

read more

The Condo Buying Checklist

Have you been browsing condo listings in search of your perfect home? Buying a house is one of the biggest milestones in a person’s life. Because this is such an important step,......

read more

Symphony Terrace San Diego Market Updates

Symphony Terrace – Market Updates Located at 1333 Eight Avenue, Symphony Terrace is a 56-unit, 9-story condominium development located in the Cortez Hill neighborhood. Amenities include a barbecue, an exercise room, pool,......

read more

Moving Into a New Condo: All You Need to Know

Now that you’ve put your signature on the dotted line, your condo purchase is finally complete. You can start planning for the future and getting ready for a new and exciting condo......

read more

Get Listings and Articles Delivered Straight to your inbox

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