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

Downtown San Diego October 2013 Events

The Haunted Trail of Balboa Park Through Nov. 2 A haunted forest in the darkness of night is beckoning for you to come and walk upon its trail. Are you ready to......

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

Beech Tower San Diego Market Updates

Beech Tower – Market Updates Beech Tower, located at 1514 Seventh Avenue in Downtown San Diego, is a 54-unit, 9-story condominium project. Amenities in the Cortez Hill community include a pool, spa......

read more

Can I Renovate a Condo?

In recent years, condo living has proven to be a popular option amongst first home buyers, families moving to a more central area of the city, and fast-paced entrepreneurs and freelancers alike.......

read more

Columbia Place San Diego Market Updates

Columbia Place – Market Updates Columbia Place, located at 655 Columbia Street and 620 State Street is a 4-story, 103-unit development built in 1989 by the Great American Development Company. The smallest......

read more

5 Red Flags When Buying a Condo

A house hunting process is often long and arduous, as it is notoriously difficult to find a home which fits all of your requirements. This is why many buyers of San Diego......

read more

Benefits of a Downtown San Diego Condo

“The prices of Downtown San Diego condos are going up in some areas and down in other areas, but one thing is for sure, condos are here to stay! Condo living looks......

read more

Little Italy San Diego Market Updates

Little Italy – Market Updates With views of the San Diego Bay, old-world restaurants, charming shops and parks, downtown San Diego’s Little Italy has a small town feel in an opportune urban......

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

Alta San Diego Market Updates

Alta – Market Updates Featuring unique architecture from Australian development group Anka, contemporary loft styling and a supreme location, Alta, located in East Village, lends some of the most modern conveniences found......

read more

Get Listings and Articles Delivered Straight to your inbox

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