Why Do So Many People Want To Live in San Diego, California?

While you’re visiting this magical county, you may want to think about making the San Diego area your second home or make the big move a permanent one. There are plenty of media reports about the economy and the housing market and if you try to follow them you’ll find it’s positive news one day and not-so-much the next.

However according to the National Association of Realtors, international ownership in U.S. real estate is at about 8 percent. With homes in many parts of the country now worth what they were in 2002, Canadians, Asians and Europeans are flocking to buy up seasonal homes at rock-bottom prices. It sounds like good news for foreign investors.

Good news for us is the fact that interest rates are historically low means that we will be paying less over the life of the mortgage than we would have years ago. People still feel overwhelmingly that home ownership is l very desirable and a valuable long-term investment.

According to the San Diego Convention & Visitors Bureau, this year more than 500,000 visitors will attend events at the Convention Center which is an increase over last year’s numbers. The San Diego Business Journal noted that 30.8 million people visited San Diego during 2011 – also up from the prior year. The reasons people flock to this town are many including Professional Meetings and the international favorite “Comic-Con”.

While San Diego is known for many tourist attractions, fabulous beaches, sunny days, moderate temperatures and great people, we also have our fair share of friendly neighborhoods, excellent schools, and community activities. People from all over the world are investing in this area, purchasing properties that can be rented out now and enjoyed later when they retire to this land of nearly perfect weather.

If surfing, golfing, hiking, or just hanging out in “America’s Finest City” makes your top ten list of things you like to do, then consider doing something you’ll really love and speak with a local real estate professional who can help you own a piece of paradise . It just might be the best thing you do this year!

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