If you’re an investor, looking for an income producing property, or a second home, it’s a pretty big step to decide to buy. You’ve heard the news. All about San Diego being over built. All about the real estate market being in trouble. It’s enough to scare you out of making a decision – wait and see until next year, next time, wait till someone calls bottom. But I’m telling you, there are opportunities now that you do not want to miss. I certainly cannot call bottom of the market – but I can point out to you some opportunities right now.

Comparing sales prices in downtown San Diego of the past year, it is clear that developers of recent buildings have a greater ability to ride out the current economy than does the average homeowner who resells a condo. Developers can hold on. They can rent units. They can stop work. But the average person who buys a San Diego condo and has to sell it a few years later cannot hold on. They need to move, or they need to sell. The pressure on home sellers from the economy, from the mortgages they can no longer afford, and the pressure on prices from foreclosures and short sales drives prices down. They cannot wait for the better times ahead, like many developers can.

This is your opportunity to buy a San Diego condo at a value that is sure to appreciate given time, to live in, to rent, to have as a second home. One of the downtown buildings I particularly like for investors and homebuyers seeking opportunities is Aqua Vista in Little Italy. These are high quality units in a fantastic location. They appeal to first time home buyers, renters, young professionals. The neighborhood is dynamic, the views are outstanding. But the prices are under pressure. That creates an opportunity for you, the first time home buyer receiving a credit, and for you, the investor seeking to build equity with an income producing rental in a quality San Diego condominium. Finding the  upside in a weak market is what I can do for you.

There are more opportunities in downtown San Diego condominiums, some of them in the luxury market. For full information, please contact me. And don’t forget the opportunity we have for you at Condo Domain – we give you money back at closing.