Residents in San Diego choosing to live closer to the city center
During the latter half of the 20th century, many people decided to move out of urban areas to neighborhoods that were close enough to commute from but still had all the benefits that come with smaller towns and communities. However, the American suburbs are currently experiencing a decline within the improving real estate market, as more people are choosing to relocate back into urban areas. Homes for sale in San Diego are among those being snapped up as this trend extends nationwide.
The San Diego Union-Tribune reported that the rate of growth in outlying communities is the lowest it has been since the 1940s. The increase in city residents has surpassed suburban communities for the first time in 20 years as well, and this is especially true in San Diego.
"While some exurban areas grew more slowly between 2000 and 2010 than during the 1990s, and several urban and suburban areas showed a faster rate of growth, the region's rural areas have not lost population," said San Diego Association of Governments demographer Beth Jarosz, according to the news source.
Due to lower demand, suburban residences might be listed at reduced prices, so now is a great time to consider some of these outlying areas as a new destination.