A home buying decision should not be based on price alone, according to ABC news. Instead look for a community with strong job markets and steady housing values. Cities with common factors such as military bases, college towns, a strong tourism industry and state capital fare well "They are more recession proof", according to Zillow, an online real estate information company.
This year San Diego made number 3 on the list, with its median home value at $346,000, down 14% from a year ago. What has kept America's Finest City so close to the top of this national list? San Diego has many of the common factors that make it desirable. Schools such as SDSU, USD and UC San Diego among a few, not only attract students, but also provides jobs for faculty and staff. Also San Diego has always been a big military base town with the Naval Amphibious Base (NAB) Coronado, Camp Pendleton and others which stimulate spending.
Coastal cities of San Diego County like La Jolla and Solana Beach offer tourists some of the most beautiful beaches in California. Not only is Del Mar included in the list of wonderful seaside cities, it's also home to the famous Del Mar Horse races and the San Diego County Fair.
If you are thinking about buying or selling a home in any of the San Diego Coastal Communities please visit www.PremiereSD.com or call us at 858-455-6700
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