Recently, there was an interesting advertisement for a high-rise downtown San Diego real estate condo development in San Diego Union Tribune which illustrates just how tough it is to sell a downtown condo these days.
This particular development is offering a 7% discount on their already reduced prices. Â More importantly, they’re throwing in three years of homeowners association dues included. Now, when one considers that the average downtown high-rise monthly homeowners dues run way north of $500 a month, this is indeed a substantial incentive. Risky purchase or once-in-a-lifetime bargain … You decide!
It seems San Diego has gone from boom to bust overnight
San Diego real estate agents
In the long term real estate always bounces back and people should take advantage of these slow periods if they really want to get a good return on their investments
Houston bail
Real estate should always be thought of as long term investments. People who buy properties whether in San Diego or anywhere else must realize that the potential for loss is ever present.
San Diego California real estate blog