It is time to buy a house in San Diego
Homes for sale in San Diego are located in one of the most unique natural locations in the United States. Southern California is home to beautiful forests, expansive beaches and even dry deserts, all within driving distance of this particular city. The weather here stays fairly warm all year round, and if you like the outdoors, this is the place for you. However, besides the aesthetic appeal of the metro area, there are a few more concrete reasons why you should consider moving to San Diego.
Improving housing market and employment rate
"I finally came to the conclusion housing is looking pretty decent," said Pacific Investment Management director Mark Kiesel, according to Bloomberg Businessweek. "For those of you renting or on the sidelines, I recommend you at least consider getting 'back in' and buying a house. The future is hard to predict, but U.S. housing is healing and is probably close to a bottom."
Kiesel recently purchased a home in Southern California for about a third of the price it would have cost during the last housing peak in 2006, reports the news source.
San Diego is a part of the burgeoning housing market that is beginning to be seen throughout California. As the general U.S. economy recovers, more people are getting jobs and therefore considering moving into more expensive properties, which in turn drives up asking prices. CNN Money reported that job growth in San Diego from 2000 to 2010 was 5.73 percent - more than many national metro areas, including those experiencing substantial increases in employment.
So if you are considering a move to San Diego, what communities should you consider? Escondido is the atypical city suburb, located about 30 miles north of the downtown area. While technically a city in its own right - it boasts over 150,000 residents spread out in over 47,000 homes - areas like the Daley Ranch Conservation Area and the Elfin Forest Recreational Reserve give the neighborhood a more lush, green feel than most small cities.
Sandag predicts that the population in Escondido will grow by 25 percent by 2050, and as the housing market continues to recover, available property may become scarce in the next few years. If you want to relocate to the San Diego area in the near future, the small city of Escondido is a great place to start looking for a new home.