Low interest rates helps San Diego home buyers – the cost of borrowing money continues to be at an all time low of less than 4% prompting many people to reflect on their housing situation. Renters are finding that when they make comparisons between buying vs renting it likely makes more financial sense to own a home. This situation gives new meaning to “It’s a great time to buy.”
continue to drop and have remained under 4% for nearly three months. Home sales
are strengthening and pending home sales, a measure to gauge future sales, are
at their highest levels since March 2010.
selection of homes provide an opportunity for buyers. Here are a few things to
for buyers to keep in mind:
with your dream home.
owning a home like property tax, insurance, and repairs.
wonderful to find a home with everything you want, but those are hard to come
by – distinguish nice-to-haves and must-haves early.
wallpaper, or other easy and affordable things you can change.
enough bedrooms to accommodate additions to the family or space for an office
if you work from home.
it’s important to know if anything major is wrong and what it will cost to fix.
schools, and developments.